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B+
NoAgentList RatingHow are grades calculated? Info
Days14Days on Market
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$574,999

$599,999

111 Lone Star Drive, Gainesville, TX, 76240

$747,499 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths3,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.57 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

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

Exterior

Lot Size13,965 sqft

Building Information

Year Built1953
Roof Type105
Garage Spaces1

Land Information

APN8010
SubdivisionBurris
Land UseResidential
Legal DescriptionBURRIS; BLOCK 9; TR 11
Census Tract001100
Assessed Land Value$52,383
Assessed Improvement Value$148,389
Assessment Year2025

About this property

Welcome to 111 Lone Star Drive, where space and easy living come together in one of Gainesville's most convenient pockets. With three bedrooms and two and a half baths, this home gives everyone room to spread out and gather back together. Tucked near Lake Kiowa and Lake Ray Roberts with quick access to I-35, you get the calm of the country and a straight shot toward Denton and the Metroplex. Homes with this much room and a pool do not sit long. Come see it before it is gone. Motivated seller offering this home as is, and all offers will be considered.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$0Estimated Mortgage Balance
$7,963Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$747,499
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Anthony Giglio

Top Brokerage LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,189
$200,772
2025
$52,383
$148,389
$200,772
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,189
$200,772

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Usda
$227,272
Yes
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,037
$7,963
3%
96%
$1,363/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,688/mo
$-268/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Gainesville

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111 Lone Star Drive | Property Details | No Agent List