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$219,000

1624 Roy Street, Gainesville, TX, 76240

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
price_per_sqft$136.88 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Lot Size10,302 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces2

Land Information

APN7320
Lot Number6
SubdivisionFairgrounds Addn
Land UseResidential
Legal DescriptionFAIRGROUNDS ADDN; BLOCK 3; LOT 6 & W35' OF N80' OF 7
Census Tract000600
Assessed Land Value$41,435
Assessed Improvement Value$234,631
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath home located in the Fairgrounds subdivision of Gainesville. This home offers a functional layout with an inviting living area that flows seamlessly into the dining and kitchen spaces, creating a comfortable setting for everyday living and entertaining. The three cozy bedrooms feature great natural lighting throughout. Step outside to your own private retreat with a spacious backyard and two covered porches—perfect for enjoying morning coffee, evening BBQs, or simply relaxing outdoors. The property also includes a detached 2-car garage and NO HOA. Conveniently located near shopping, dining, schools, and parks, this home combines comfort, convenience, and value. Don’t miss the opportunity to make this beautiful home yours!

Investor Tools

$0Estimated Mortgage Balance
$276,066Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

Interested in this property?

Sergio Bazan

RE/MAX New Horizon

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,231
$276,066
2025
$41,435
$234,631
$276,066
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,231
$276,066

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,066
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
N/A
+$1,753/mo
7.6%

City: Gainesville