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$196,163

111 Gordon Drive, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.19 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size13,774 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.1290.0001.0025.00.06.06
Lot Number25
SubdivisionGordon 1st
Land UseResidential
Legal DescriptionGORDON 1ST, BLOCK A, LOT 25; & HOUSE & HOUSE
Census Tract050401
Assessed Land Value$86,094
Assessed Improvement Value$110,069
Assessment Year2025

About this property

This house is being offered for seller financing only. This is a great opportunity for someone that is looking for an affordable house to fix up without the hassle of going through a bank. 3 bedrooms, including the garage conversion and 1 bathroom. Hude .316 acre lot! Esta casa esta siendo ofrecida solamente de dueño a dueño. Es una gran oportunidad para alguien que busca una casa barata para arreglar sin tener que batallar con los bancos. Es una casa de 3 cuartos, incluyendo la conversión del garage y 1 baño. Lo mejor es el terreno de .316 de acre! Ven a verla hoy!

Investor Tools

Property Icon
$196,163
Estimated Property Value
$0Estimated Mortgage Balance
$196,163Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,177 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,604
$196,163
2025
$86,094
$110,069
$196,163
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,604
$196,163

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,163
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Terrell

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111 Gordon Drive | Property Details | No Agent List