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$625,000

115 Oak Ridge Rd, Gatesville, TX, 76528

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,574 Sq Ft
price_per_sqft$174.87 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesWater Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio, Storage
Lot Size3 acres

Building Information

Year Built1994

Land Information

APN0-79-77-0480
Lot Number7
SubdivisionDdp Company Subd Part 1
Land UseResidential
Legal DescriptionDDP COMPANY SUBD PART 1, BLOCK 2, LOT 7 PT, ACRES 3.0
Census Tract010102
Assessed Land Value$75,000
Assessed Improvement Value$507,340
Assessment Year2025

About this property

Welcome home to your own private retreat where space, comfort, & unforgettable memories come together. Nestled on approximately 3 beautiful acres, this exceptional 5-bedroom, 3-bath home offers the perfect blend of everyday living & entertaining. From family gatherings to quiet evenings, every corner of this property was designed to make you feel at home. Step inside to discover a warm & inviting living room centered around a beautiful fireplace, creating the perfect place to gather on cool winter evenings. The spacious floor plan offers room for everyone, including a large game room ready for movie nights, game days, or playroom. The private primary suite is a true escape featuring an elegant tray ceiling, a luxurious spa-like bath with a soaking tub, separate shower, double vanities, & an oversized walk-in closet. Additional bedrooms are generously sized, while both secondary bathrooms feature double sinks, making busy mornings a breeze. Outside, the backyard transforms into your own personal paradise. Cool off in the sparkling in-ground swimming pool, host unforgettable summer cookouts, or simply relax & enjoy peaceful country setting. Just steps from the pool is a separate guest house with bathroom, offering endless possibilities as a mother-in-law suite, game room, home office, gym, or private guest retreat. A large metal building at the back of the property provides outstanding storage for equipment, hobbies, boats, or recreational vehicles. This home has also been thoughtfully updated for peace of mind with a new roof on the main home, guest house, and shed in 2020, a new mini-split system in the guest house in 2021, a new HVAC system in the main home in 2021, a new water heater in 2022, and a brand-new septic system, including the tank and pump, in 2024. If you've been searching for a property with endless opportunities for entertaining, & tranquility of country living without sacrificing comfort, this is the place you've been waiting to call home.

Investor Tools

$328,530Estimated Mortgage Balance
$437,470Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,596 /month
Positive
Cash Flow Estimate:
$1,532 /month

Interested in this property?

Jana Carpenter

Dixon Realty Team|KW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$948/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,547
$582,340
2025
$75,000
$507,340
$582,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,547
$582,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$397,100
No
First
Feb 16, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,530
$437,470
57%
43%
$2,381/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: Gatesville

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115 Oak Ridge Rd | Property Details | No Agent List