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$404,000

NAL Estimated Property Value

1641 Fm 2896, Gainesville, TX, 76240

$525,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths0 Bath
Baths2,488 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$86.35 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 0Bathrooms 0

Exterior

Lot Size1.19 acres

Building Information

Year Built2022

Land Information

APN7296
SubdivisionFcsl
Land UseAgriculture / Farming
Legal DescriptionFCSL 1248 BLOCK 7 ACRES 1.19
Census Tract000100
Assessment Year2025

About this property

Wow!! Small acreage in the country is hard to come by! This beautiful 14.263 acre tract with paved road frontage, 2 barns and a pond is waiting for your new home with plenty of room to roam! This is country living at its finest! City of Callisburg water meter included! Conveniently located to Hwy 82, Gainesville, Whitesboro, and Callisburg High School. No known restrictions...mobile homes also welcome. If less acreage is desired, this property can be purchased as 6 or 8.263 acres at MLS 20159065 and 20159088.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$90,844Estimated Mortgage Balance
$313,156Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$525,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,653 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$824
$78,242
2025
N/A
N/A
$162,755
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$824
$78,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$103,098
Yes
First
Apr 22, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,844
$313,156
77%
22%
$619/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.

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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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1641 Fm 2896 | Property Details | No Agent List