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$195,539

NAL Estimated Property Value

1213 Mill Street B, Gainesville, TX, 76240

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,582 Sq Ft
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size15,002 sqft

Building Information

Year Built2024
Roof Type105

Land Information

APN12983
SubdivisionGainesville Addn
Land UseVacant Land
Legal DescriptionGAINESVILLE ADDN; BLOCK 135; TR 23; ACRES .3444
Census Tract000400
Assessed Land Value$37,949
Assessed Improvement Value$157,590
Assessment Year2025

About this property

Discover the perfect blend of style and functionality in our brand- new construction duplex designed to exceed your expectations. The first floor in this stunning property offers an open floor plan open to the kitchen, living room and dining room creating the perfect space for gatherings. The master bedroom is also downstairs with its own bathroom, laundry room and a half bath. Upstairs you have two bedrooms and a bathroom providing ample space for a comfortable living. The kitchen has beautiful white cabinetry with quartz countertops and stainless-steel appliances. Enjoy the oversized back yard perfect for outdoor entertaining. You will have a peace of mind with all the energy- efficient systems and expansive windows for natural light. Conveniently located near shopping, dining and major highways.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$718
$195,539
2025
$37,949
$157,590
$195,539
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$718
$195,539

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Acc Mortgage Inc
Conventional
$325,000
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,247
N/A
0%
164%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,949/mo
$-529/mo
8.7%

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 Mill Street B | Property Details | No Agent List