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$154,000

1211 Belmont St, Gainesville, TX, 76240

$171,496 ARVInfo
PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.9 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,877 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN8117
Lot Number15
SubdivisionHillcrest Addn
Land UseResidential
Legal DescriptionHILLCREST ADDN; BLOCK 14; LOT 15
Census Tract000600
Assessed Land Value$44,859
Assessed Improvement Value$147,395
Assessment Year2025

About this property

Two bedroom one bath house in established neighborhood located close to Highway 82 (but without the highway noise). Large backyard with trees, grass, and an 11x17 metal storage building on a slab. Buyer and-or Buyer's Agent to verify any and all information from Seller and-or Seller's agent. AGENT IS RELATED TO SELLER. SELLER IS A LICENSED TEXAS REAL ESTATE AGENT.

Investor Tools

$125,673Estimated Mortgage Balance
$67,164Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$171,496
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,154 /month
Positive
Cash Flow Estimate:
$385 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,644
$192,254
2025
$44,859
$147,395
$192,254
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,644
$192,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
4u Fcu
Stand Alone Second / Subordinate Position
$128,318
No
First
Apr 14, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,673
$72,327
36%
65%
$770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$770/mo
+$650/mo
8.9%

City: Gainesville

1211 Belmont St | Property Details | No Agent List