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$2,097,909

NAL Estimated Property Value

111 Hogan Dr, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$469.84 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Double Oven, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Dock, Fire Pit, Rain Gutters, Lighting, Outdoor Shower, Private Entrance, Private Yard
Lot Size23,457 sqft

Building Information

Year Built1971
Roof Type105
Garage Spaces5

Land Information

APN12502
Lot Number1377
SubdivisionLake Kiowa Map 12
Land UseResidential
Legal DescriptionLAKE KIOWA MAP 12; LOT 1377
Census Tract000701
Assessed Land Value$858,720
Assessed Improvement Value$1,239,189
Assessment Year2025

About this property

INCREDIBLE SUNSET! A rare opportunity to experience luxury lakefront living on prestigious Hogan peninsula. This serene retreat features 4 bedrooms, 4 full baths, and 2 half baths (1 interior, 1 exterior). A private staircase and elevator provide exclusive access to the expansive primary suite showcasing panoramic lake views, electric black out and sun shades, separate his and hers baths and closets, a jetted tub, balcony, stately wood-paneled office, studio and home gym. The open-concept kitchen, dining and living rooms feature floor to ceiling sliding glass doors and windows that frame spectacular views. Gourmet kitchen features a Wolf 48” dual-fuel range, 36” SubZero refrigerator and freezers, Perlick crushed ice maker, granite countertops and custom Bentwood cabinetry. Fresh paint throughout, completed in January 2025, enhances every room with a crisp and timeless finish. Remodeled in 2018 with focus on entertaining, guests will enjoy effortless flow to 1,100 sf tiered terrace, pergola, outdoor dining space, sunset and stargazing deck, all overlooking unparalleled lake views. The boat dock is equipped with dining space, a shower, double jet ski and boat lifts and a cozy fire-pit. Although the small original foundation of this house was built in 1971, two major renovations were completed in 2007 and 2009. The addition of the living room, dining room, kitchen, upstairs primary suite, office, workout room, laundry room and garage were built on newer pier and beam foundation as late as 2009, while the porte cochere and living suite above were built in 2007. New electrical, plumbing and septic were added with these updates, as well as the addition of the fireplace, interior work shop, and the concrete tile roof.

Investor Tools

Property Icon
$2,097,909
Estimated Property Value
$142,198Estimated Mortgage Balance
$1,955,711Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,788 /month
Positive
Cash Flow Estimate:
$4,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,177/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,629
$2,097,909
2025
$858,720
$1,239,189
$2,097,909
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,629
$2,097,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Arm (Adjustable Rate Mortgage)
$200,000
No
First
May 20, 2014
May 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,198
$1,955,711
93%
7%
$871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,201/mo
+$219/mo
0.8%

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.

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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: Gainesville

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111 Hogan Dr | Property Details | No Agent List