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$253,000

NAL Estimated Property Value

1412 W California St, Gainesville, TX, 76240

$307,284 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringWood

Exterior

Lot Size30,766 sqft

Building Information

Year Built1959
Roof Type105
Garage Spaces2

Land Information

APN1516
SubdivisionHawkins Wj
Land UseResidential
Legal DescriptionHAWKINS WJ 0497
Census Tract000400
Assessed Land Value$64,547
Assessed Improvement Value$222,984
Assessment Year2025

About this property

Charming and beautifully updated, this 4-bedroom, 3-bathroom home is just a short five-minute walk to North Central Texas College in Gainesville. Built in 1959, it retains its classic appeal while offering modern upgrades. Inside, you’ll find two spacious living areas, a cozy wood-burning fireplace, and stunning hardwood floors. The updated kitchen features granite countertops, while energy-efficient vinyl windows and renovated bathrooms enhance comfort and style. Situated on nearly ¾ of an acre, the expansive lot provides plenty of space for outdoor enjoyment. This home radiates pride of ownership and is a must-see! Pet's allowed on a case by case basis and must be approved by owner.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$470,024Estimated Mortgage Balance
$253,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$307,283
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,463
$250,818
2025
$64,547
$222,984
$287,531
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,463
$250,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Unknown
$238,500
No
First
Jul 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,024
N/A
0%
186%
$2,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$2,860/mo
$-1,440/mo
6.7%

City: Gainesville

1412 W California St | Property Details | No Agent List