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$523,476

1301 Old Sivells Bend Road, Gainesville, TX, 76240

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths16,000 Sq Ft
IndustrialIndustrial
price_per_sqft$37.5 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size4.54 acres

Land Information

APN26352
SubdivisionBotard Jb
Land UseIndustrial
Legal DescriptionBOTARD JB 0075 ACRES 4.54 OLD VALENITE BLDG
Census Tract000400
Assessed Land Value$127,423
Assessed Improvement Value$396,053
Assessment Year2025

About this property

Highly desirable location just off the intersection of I-35 service road and Hwy 82 in Gainesville. Located on a paved road with over 4.5 acres of land to expand, this 16,000 sq foot Industrial Warehouse Facility is just the opportunity that you have been looking to invest in. The building features 16,000 open span space with overheard door, concrete block side walls with brick exterior, 12 foot ceiling height, overhead air piping, 4000 Amp Panel with 240 Volt 3 Phase Electrical, 1750 sq foot of office space, observatory area, bathrooms, and lobby, paved parking lot, green space, storage yard and more! Possible Financing Options available.

Investor Tools

Property Icon
$523,476
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,034/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,788
$523,476
2025
$127,423
$396,053
$523,476
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,788
$523,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Commercial
$1,200,000
No
First
Oct 12, 2021
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,463,841
N/A
0%
280%
$9,594/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: Gainesville

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1301 Old Sivells Bend Road | Property Details | No Agent List