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B+
NoAgentList RatingHow are grades calculated? Info

$325,000

1543 Burns City Road, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.52 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Plumbed For Ice Maker, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size2.58 acres

Building Information

Year Built1957
Roof Type105
Garage Spaces2

Land Information

APN17040
SubdivisionBrown Wc
Land UseResidential
Legal DescriptionBROWN WC 0103 ACRES 2.58
Census Tract001100
Assessed Land Value$92,295
Assessed Improvement Value$232,592
Assessment Year2025

About this property

Hear that?? The country calling! If you want the country life, but need to be near town, well, this is the best of both worlds! Come home to the peace and quiet on nearly 3 aces of land. Plenty of outdoor room to roam, to plant a garden, or enjoy friends and family fun. Inside you'll find open kitchen and living area with a cozy fireplace. 3 bedrooms give everyone their space and there is plenty of room in the garage for storage or parking. Roof replaced 6 years ago. Water heater and inside AC unit replaced within the last two years.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$0Estimated Mortgage Balance
$119,467Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,299
$324,887
2025
$92,295
$232,592
$324,887
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,299
$324,887

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Mortgage Partners Llc
Conventional
$225,500
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,533
$119,467
36%
63%
$1,352/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,352/mo
+$68/mo
5.2%

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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1543 Burns City Road | Property Details | No Agent List