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$325,558

NAL Estimated Property Value

17 Shadowood Lane, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,757 Sq Ft
price_per_sqft$108.81 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size20,639 sqft

Building Information

Year Built1964
Roof Type134
Garage Spaces2

Land Information

APN12492
Lot Number4
SubdivisionShadowood Addn
Land UseResidential
Legal DescriptionSHADOWOOD ADDN; BLOCK C; LOT 4
Census Tract001100
Assessed Land Value$74,803
Assessed Improvement Value$250,755
Assessment Year2025

About this property

Incredible property in quiet and stunning neighborhood nestled in the heart of Gainesville. Quiet neighborhood with easy access to I35, this oversized lot has tons of trees and a large backyard that backs up to a greenbelt. This home has huge potential and offers any buyer the chance to put their unique touch on a beautifully laid out floor plan. Spacious circle drive and a great community. Complete with spacious living areas and oversized bedrooms, this home is perfect incredible for those needing space for living and entertaining.

Investor Tools

Property Icon
$325,558
Estimated Property Value
$495,412Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,168
$325,558
2025
$74,803
$250,755
$325,558
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,168
$325,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lhm Financial Corp
Conventional
$267,750
No
First
May 11, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,412
N/A
0%
152%
$3,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$3,212/mo
$-1,459/mo
6.5%

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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