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B+
NoAgentList RatingHow are grades calculated?Info

$27,269

NAL Estimated Property Value

1118 S Grand Avenue, Gainesville, TX, 76240

$35,450 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.19 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size6,700 sqft

Building Information

Garage Spaces2

Land Information

APN12943
Lot Number10
SubdivisionBelmont
Land UseVacant Land
Legal DescriptionBELMONT; BLOCK 10; LOT 10
Census Tract001100
Assessed Land Value$27,269
Assessment Year2025

About this property

Welcome to 1118 South Grand Avenue, Gainesville, TX. This beautiful 4-bedroom, 2-bath home is located in a desirable and well-established area of Gainesville. Featuring an attractive stone and siding exterior, this property offers great curb appeal and durable construction. The home provides a functional and comfortable layout with spacious living areas, well-sized bedrooms, and plenty of natural light throughout. The fully fenced yard is perfect for privacy, pets, entertaining, or outdoor enjoyment. Property amenities include: • Stone and siding exterior • Full privacy fence • Open and practical floor plan • Spacious bedrooms • Private backyard • Quiet, well-kept neighborhood The property also comes with select transferable warranties, offering added peace of mind to the new owner. Seller is open to concessions, making this a great opportunity for buyers seeking assistance with closing costs or financing options. Conveniently located near schools, shopping, dining, and major roadways—this home combines comfort, location, and value. Schedule your private showing today. Please note that while the information provided is accurate to the best of my knowledge, independent verification is recommended.

Investor Tools

Property Icon
$27,269
Estimated Property Value
$320,444Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$35,450
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,925 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$517
$27,269
2025
$27,269
N/A
$27,269
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$517
$27,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Unknown
$321,371
No
First
Mar 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,444
N/A
0%
1175%
$1,927/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.

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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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1118 S Grand Avenue | Property Details | No Agent List