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$222,000

NAL Estimated Property Value

1430 Gribble St, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.49 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Refrigerator

Exterior

Lot Size9,601 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces1

Land Information

APN13904
Lot Number9
SubdivisionGribble
Land UseResidential
Legal DescriptionGRIBBLE; BLOCK 4; LOT 9 & W PT OF 8; ACRES .2204
Census Tract000600
Assessed Land Value$39,072
Assessed Improvement Value$164,271
Assessment Year2025

About this property

Modern, beautiful and completely remodeled home close to the heart of Gainesville! Open concept kitchen and living area that has been completely remodeled. Quartz countertops and stainless steel appliances in kitchen. Large farmhouse sink. Luxury vinyl plank throughout the home and two full bathrooms with custom tile design. Oversized backyard with multiple fruit and pecan trees. Extra room in the backyard that has been finished and can be turned into a she-shed or man-cave, at home classroom, mother in law suite, or another storage area. Location is near Gainesville historic neighborhood, California Street, and easy access to I-35.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$219,518Estimated Mortgage Balance
$2,482Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,334
$203,343
2025
$39,072
$164,271
$203,343
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,334
$203,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$220,924
Yes
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,518
$2,482
1%
99%
$1,365/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,365/mo
+$55/mo
7.7%

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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1430 Gribble St | Property Details | No Agent List