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$1,226,000

NAL Estimated Property Value

1190 County Road 297, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$523.65 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Exterior FeaturesRV Hookup
Lot Size26.62 acres

Building Information

Year Built2016
Garage Spaces6

Land Information

APN69584
SubdivisionMcelroy Jc
Land UseAgriculture / Farming
Legal DescriptionMCELROY JC 0711 ACRES 26.62
Census Tract000701
Assessment Year2025

About this property

Look no more! Over 27 acres with beautiful, mature pecan trees sprinkled throughout. 3 bed, 2 and a half bath, 2 car garage main home with large covered front and back porches. 3300 sq ft fully insulated shop with four roll up doors, custom built bar area, multiple overhangs, RV carport and hookups. Also 530 sq ft, 1 bed, 1 bath living quarters in shop. Three large stocked ponds, some pasture, some heavily treed areas. Privacy and country living! Callisburg ISD. Ag exempt.

Investor Tools

Property Icon
$1,226,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,356 /month
Positive
Cash Flow Estimate:
$2,452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$741
$260,740
2025
N/A
N/A
$809,830
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$741
$260,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,226,000
100%
0%
$0/mo

City: Gainesville

1190 County Road 297 | Property Details | No Agent List