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$2,200

1701 Merrywood Way, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
FlooringLaminate

Exterior

Lot Size12,345 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces2

Land Information

APN4614
Lot Number10
SubdivisionJoy Acres
Land UseResidential
Legal DescriptionJOY ACRES; BLOCK 1; LOT 10
Census Tract001100
Assessed Land Value$58,617
Assessed Improvement Value$195,630
Assessment Year2025

About this property

Welcome home to this completely renovated 4 bedroom, 3 bathroom home. The house boasts a separate dining room off the kitchen, a spacious living room, and a huge master bedroom with separate bath. There is a large bonus room at the back of the house with a full bath that can be used as a second living room, game room, or even a bedroom. There is also a wonderful back yard with a covered patio for hanging out on pleasant evenings. THREE covered car carport spaces and fenced in back yard! Plenty of room for large gatherings. Fenced in back yard & refrigerator is included. Applicants must have a combined salary of at least 3x monthly rent, pass background check, and have solid references. All occupants over 18 must complete the self-paid background check and be listed on the lease. NO SMOKING of any kind is allowed in the home, as all fixtures and finishes are in excellent condition. Pets are welcome with non-refundable pet deposit and monthly pet rent. All information is deemed reliable but not guaranteed. Renter, or renter's Realtor are responsible for verifying all information, including schools, square footage, etc.

Interested in this property?

Michele Smith

Lake & Country Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,819
$254,247
2025
$58,617
$195,630
$254,247
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,819
$254,247

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,247
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
6.7%

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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1701 Merrywood Way | Property Details | No Agent List