Last 24 Hours
$214,000
NAL Estimated Property Value1708 Floral Drive, Gainesville, TX, 76240
Off Market
3 Beds
2 Bath
1,224 Sq Ft
$163.32 / sqft
Built in 1974Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesGas Range
FlooringCarpet, Laminate
Exterior
Lot Size8,555 sqft
Building Information
Year Built1974
Roof Type105
Garage Spaces2
Land Information
APN4063
Lot Number3
SubdivisionGainesville West Addn
Land UseResidential
Legal DescriptionGAINESVILLE WEST ADDN; BLOCK 2; LOT 3
Census Tract000400
Assessed Land Value$44,053
Assessed Improvement Value$148,938
Assessment Year2025
About this property
Great opportunity to get into a 3 bedroom 1.5 bath home in an established neighborhood. Very spacious living room. The primary bedroom has an ensuite half bath. Nice sized secondary bedrooms. The backyard has a screened patio and a 30 X 25 workshop with electricity.
Investor Tools
$214,000
Estimated Property Value
$209,270Estimated Mortgage Balance
$4,730Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,579
$184,122
2025
$44,053
$148,938
$192,991
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,579
$184,122
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$214,004
Yes
First
Feb 21, 2025
Mar 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,270
$4,730
2%
98%
$1,284/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,284/mo
+$136/mo
8.0%
12.4%