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$410,340

1297 Fm 107, Gatesville, TX, 76528

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.41 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringConcrete, Laminate

Exterior

Lot Size6.00 acres

Building Information

Year Built2018
Roof Type112

Land Information

APN0-29-64-0002
Land UseResidential
Legal Description0469 R D HECK, ACRES 6.004
Census Tract010202
Assessed Land Value$104,460
Assessed Improvement Value$305,880
Assessment Year2025

About this property

Country Home for Sale in Central Texas. This Custom Home for Sale has an open concept floor plan and sits on 6 acres in Gatesville, TX. The kitchen features custom cabinets with loads of storage, granite counters, a large breakfast bar, stainless appliances, & custom lighting. The living area has a stone wood burning fireplace & is open to the dining area. The Master Suite is oversized and has a jetted tub, walk in shower, dual sinks, and walk in closets. The laundry room or mud room is large and has a sink for easy clean up. The porches are covered and run the length of the front and back of the house. The attached side entry carport has enough room for 2 cars and has a storage with a roll up door. The barn is behind the house and accessed easily with a circle drive connecting the house, barn, and covered RV parking (With RV hookup). There is a 2 horse stall barn with a saddle room and plenty of covered overhang storage for hay and equipment. This property is fenced and cross fenced.

Investor Tools

Property Icon
$410,340
Estimated Property Value
$295,000Estimated Mortgage Balance
$135,446Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,688
$410,340
2025
$104,460
$305,880
$410,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,688
$410,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$295,000
No
First
Sep 27, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,894
$135,446
33%
67%
$1,769/mo

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: Gatesville

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1297 Fm 107 | Property Details | No Agent List