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$257,750

1401 Hillcrest Boulevard, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,118 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.69 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Combination, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size17,428 sqft

Building Information

Year Built1952
Roof Type105
Garage Spaces2

Land Information

APN7779
Lot Number1,8
SubdivisionHillcrest Addn
Land UseResidential
Legal DescriptionHILLCREST ADDN; BLOCK 2; LOT 1 & 8' OF ALLEY
Census Tract000600
Assessed Land Value$54,579
Assessed Improvement Value$202,690
Assessment Year2025

About this property

Beautifully appointed family home on one of the largest lots you will find in town! This home is so warm and inviting and offers a perfect floor plan for any size family and storage to die for! Features include charming details throughout * living area with picture frame window and gas log fireplace * dining room * wonderful kitchen with a ton of storage, butler pantry, and breakfast area * split bathroom arrangement with vintage tile in immaculate condition * large den in the back that could be used as a private master suite and office area * HUGE backyard with steel fencing around the perimeter with a rear alley access for RV and boat storage * two large storage buildings * covered patio for entertaining * mature trees * and so much more. Square footage is believed to be much large than what is shown.

Investor Tools

Property Icon
$265,000
Estimated Property Value
$0Estimated Mortgage Balance
$27,494Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,870
$257,269
2025
$54,579
$202,690
$257,269
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,870
$257,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Conventional
$252,200
No
First
Mar 13, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,506
$27,494
10%
90%
$1,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,513/mo
$-93/mo
6.4%

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.

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

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1401 Hillcrest Boulevard | Property Details | No Agent List