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$229,900

1208 Aspen Road, Gainesville, TX, 76240

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,378 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.84 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size12,510 sqft

Building Information

Year Built1975
Roof Type105
Garage Spaces2

Land Information

APN9431
Lot Number5
SubdivisionHillcrest Addn
Land UseResidential
Legal DescriptionHILLCREST ADDN; BLOCK 29; LOT 5; LIFE EST MIKE & FLAVIANA MYERS
Census Tract000600
Assessed Land Value$49,388
Assessed Improvement Value$84,423
Assessment Year2025

About this property

Welcome to this cute brick home that perfectly blends comfort, charm, and functionality. Featuring 3 bedrooms and 2 full bathrooms, this home offers plenty of space for family living or entertaining guests. Step into the cozy living room, where a fireplace creates the perfect setting for relaxing evenings. The kitchen is as functional as it is inviting, with ample cabinet space for all your storage needs. Enjoy the convenience of a dedicated laundry room, large closets, and a 2-car garage for extra storage and parking. The fenced-in backyard is a standout feature—offering plenty of room for outdoor fun, gardening, or simply unwinding in your own private space!

Investor Tools

$0Estimated Mortgage Balance
$206,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,268
$133,811
2025
$49,388
$84,423
$133,811
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,268
$133,811

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$206,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
8.3%

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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