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$230,000

NAL Estimated Property Value

1213 Hillcrest Blvd, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,715 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Oven, Gas Range, Refrigerator
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size15,751 sqft

Building Information

Year Built1945
Roof Type105
Garage Spaces2

Land Information

APN5378
Lot Number7
SubdivisionHillcrest Addn
Land UseResidential
Legal DescriptionHILLCREST ADDN; BLOCK 3; LOT 7
Census Tract000600
Assessed Land Value$53,696
Assessed Improvement Value$161,552
Assessment Year2025

About this property

Spacious, 3 bedroom, 2 bath home is ready for immediate move-in! The home boasts split bedrooms, a huge back yard, ample covered parking, and plenty of storage in the carport. Large trees in the back yard provide shade in the summer. Conveniently located to Interstate 35 and and Highway 82 makes it a breeze to get anywhere quickly. Pets are negotiable with pet deposit and monthly pet fee, with owner's approval for number of pets, breeds and size. Come take a tour soon, as homes in this convenient location do not last long! Applications, payments & contract name should be made to Tombull Estates, LLC.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$87,289Estimated Mortgage Balance
$142,711Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,079
$215,248
2025
$53,696
$161,552
$215,248
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,079
$215,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$98,250
No
First
Aug 26, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,289
$142,711
62%
38%
$590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$590/mo
+$830/mo
7.4%

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: Gainesville

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1213 Hillcrest Blvd | Property Details | No Agent List