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Days15Days on Market
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$675,000

118 Bayside Circle, Gainesville, TX, 76240

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$483.18 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range
FlooringVinyl

Exterior

Lot Size9,461 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN66
Lot Number41,42
SubdivisionMoss Lake Est
Land UseResidential
Legal DescriptionMOSS LAKE EST; LOT 41 & 42; SEC B
Census Tract000200
Assessed Land Value$191,316
Assessed Improvement Value$245,203
Assessment Year2025

About this property

Lake life done right! This 3 bedroom, 2 bathroom custom home at Moss Lake is designed for relaxing weekends and unforgettable gatherings. Enjoy water views, open-concept living, a chef’s kitchen with dual refrigerators, and a cozy fireplace. Step outside to a covered patio, fire pit, and upper deck overlooking the lake—or take the golf cart down to your private dock to catch the sunset.

Investor Tools

Property Icon
$668,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,665Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Kimberly Cain

THE REAL ESTATE COMPANY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,462
$436,519
2025
$191,316
$245,203
$436,519
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,462
$436,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$506,250
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,335
$170,665
25%
74%
$3,036/mo

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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118 Bayside Circle | Property Details | No Agent List