Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$233,385

NAL Estimated Property Value

1401 Cherry Street, Gainesville, TX, 76240

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths500 Sq Ft
ApartmentApartment
price_per_sqft$1.97 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1.5Bathrooms Full 1.5
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

Lot Size7,754 sqft

Building Information

Year Built2008
Roof Type105

Land Information

APN18462
Lot Number1OF
SubdivisionGainesville Addn
Land UseResidential
Legal DescriptionGAINESVILLE ADDN; BLOCK 124; LOT 1 OF MINOR PLAT; TR 8; TRANSFER ON DEATH DEED
Census Tract001100
Assessed Land Value$31,559
Assessed Improvement Value$201,826
Assessment Year2025

About this property

This is an added space to the primary house, offers own entrance for privacy. 1 bedroom, 1 bath, living room, and kitchen with appliances. All bills are included in monthly fee except internet. Can use drive way for 2 small vehicles or 1 big vehicle. access to yard, but no fence. Entrance to this apartment is to the right side of the primary home. Schedule your appointment now. Use TAR Application and email listing agent.

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,175
$233,385
2025
$31,559
$201,826
$233,385
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,175
$233,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lifestyle Home Lending Llc
Conventional
$155,685
No
First
Sep 23, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,900
$91,485
39%
61%
$934/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$934/mo
+$116/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1401 Cherry Street | Property Details | No Agent List