Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
B+
NoAgentList RatingHow are grades calculated? Info
Days38Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$160,000

$165,000

1135 Ira Ward Ln, Gainesville, TX, 76240

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.35 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size1.19 acres

Building Information

Roof Type112
Garage Spaces4

Land Information

APN12555
SubdivisionSadler H
Land UseResidential
Legal DescriptionSADLER H 0901 ACRES 1.19 LABEL# TEX0413479 SN1 OC05871215
Census Tract000200
Assessed Land Value$70,370
Assessed Improvement Value$56,439
Assessment Year2025

About this property

Nestled in a beautifully wooded and tranquil setting, this scenic hilltop property offers lovely views and a gradual slope leading down to the peaceful waters edge of Fish Creek. Just a short drive from Moss Lake, this hidden gem provides the perfect escape for nature lovers, fishing enthusiasts, or anyone seeking privacy and serenity. The property features a two bedroom, two bath mobile home complete with a workshop and carport. While the home is in need of repair, it presents a wonderful blank canvas for a handyman enthusiast or investor ready to bring their vision to life. Enjoy relaxing evenings from the walk-out deck overlooking mature trees, rolling terrain, and endless sunset views. Fish Creek offers great fishing, creekside fun, and a peaceful atmosphere that is hard to find. Whether you are looking for a weekend retreat, investment opportunity, or future homesite, this unique property is full of potential and natural beauty.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$30,000Estimated Mortgage Balance
$146,730Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

Interested in this property?

MISTY SCHMITZ

TIERRA REAL ESTATE

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$367
$111,002
2025
$70,370
$56,439
$126,809
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$367
$111,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Muenster State Bank
Unknown
$30,000
No
First
May 9, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,270
$146,730
90%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1135 Ira Ward Ln | Property Details | No Agent List