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B+
NoAgentList RatingHow are grades calculated? Info
Days34Days on Market
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$219,000

1624 Roy Street, Gainesville, TX, 76240

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

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

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

Property Icon
$276,066
Estimated Property Value
$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%

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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1624 Roy Street | Property Details | No Agent List