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$398,000

112 Walnut Street, Gordon, TX, 76453

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.17 / sqft
Year BuiltBuilt in 1919

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesGas Cooktop, Gas Oven, Refrigerator
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size28,009 sqft

Building Information

Year Built1900
Garage Spaces2

Land Information

APN131660000
Lot Number1-2
SubdivisionGordon Ot
Land UseResidential
Legal DescriptionGORDON OT BLK 30 LOTS 1-2 & 17-18 G#G0550-00-00300-001-00-0
Census Tract000200
Assessed Land Value$40,300
Assessed Improvement Value$311,560
Assessment Year2025

About this property

This 102 year old home was constructed with Thurber brick in 1919 to serve the Gordon community as a hotel. It has since been remodeled, and is a 4 bed, 3 bath home with a full kitchen and living area upstairs. Inside you are welcomed by a large living area with a massive fireplace, to your right is a sunroom that you will pass through on your way to your fenced in pool, complete with a covered patio and built in grill. In addition the lower level features a great office, as well as a formal dining room, and a guest bath. The upper level living area is huge, and could serve a number of purposes. This place is a piece of history in a growing community, and you just have to see it for yourself!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$0Estimated Mortgage Balance
$166,775Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,011
$351,860
2025
$40,300
$311,560
$351,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,011
$351,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Centennial Mortgage Corp
Conventional
$255,150
No
First
Jun 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,225
$166,775
41%
58%
$1,530/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: Gordon

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112 Walnut Street | Property Details | No Agent List