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$144,261

NAL Estimated Property Value

1610 Independence Avenue, Gainesville, TX, 76240

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,800 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1987

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size12,171 sqft

Building Information

Year Built1987

Land Information

APN23626
Lot Number1
SubdivisionIndependence Addn
Land UseCommercial
Legal DescriptionINDEPENDENCE ADDN; BLOCK 2; LOT 1 PT OF; ACRES .2794
Census Tract000600
Assessed Land Value$44,421
Assessed Improvement Value$99,840
Assessment Year2025

About this property

GREAT DEAL just Reduced Below Market Value! Location! Location! Location! Just Approx 50 Yards From Highway 82 With High Traffic and Good Visibility! Perfect Building for Indoor Sports Center or Any Type of Vehicle Repair or Engine Repair, High Performance, Semi Repair, Tire Repair Business, Construction Co., HVAC, Plumbing and Much More. Park RV or any Extra Toys - Rare Opportunity To Own This Amazing 4800 Square Foot Building With 18 Ft Side Walls, 16 Ft Roll Up Door, 3 Phase Electric, 1 - 2 Ton Winch With Motorized Movement Beam, Another Electric Hoist With Capacity of Approx. 1 Ton Mounted Winch On A Manual Moving Beam, 800 Sq FT Office Area Which Includes 3 Offices With New Central Heat and Air, 2 Bathrooms, Beverage Station With Sink, Shop Has Air Compressor, Two Hoses and Gas Heat, Has an Abundant of Heavy Duty Shelving. 800 Sq Ft Loft Storage Area and Private Metal Fenced Area on North Side of Building! Call Today To Talk Shop!

Investor Tools

Property Icon
$144,261
Estimated Property Value
$0Estimated Mortgage Balance
$144,261Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,722
$144,261
2025
$44,421
$99,840
$144,261
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,722
$144,261

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,261
100%
0%
$0/mo

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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1610 Independence Avenue | Property Details | No Agent List