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$245,089

NAL Estimated Property Value

1746 S FM 372, Gainesville, TX, 76240

$318,616 ARVInfo
Recently SoldInfo
9/15/26
Beds2 Beds
Baths3 Bath
Baths2,606 Sq Ft
FarmFarm
price_per_sqft$215.27 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Oven, Gas Cooktop, Microwave

Exterior

Lot Size10.88 acres

Land Information

APN6382
SubdivisionBailey Acc
Land UseCommercial
Legal DescriptionBAILEY ACC 0044 ACRES 10.88 DEATH DEED FILED
Census Tract001100
Assessed Land Value$226,435
Assessed Improvement Value$18,654
Assessment Year2025

About this property

$250,000 IS THE OPENING BID FOR THIS 4.77 ACRE RANCHETTE BEING OFFERED FOR SELL IN A LIVE AUCTION ON SATURDAY, JULY 25TH AT 11:00AM. Auction Registration begins at 9am. The Live Auction will be conducted at the Property. The 4.77ac Ranchette features a 2606' Custom 2 Bedroom, 2 Bath Home with an Exterior Entry Office with a full bath that could also be used as a 3rd Bedroom. The property is fenced with a 4-Stall Horse Barn with a Tack Room and covered parking for Trailers or Equipment. Pastures are divided, one with a large stock tank. There's a circular driveway with a canopy of mature trees surrounding the house. Enjoy your privacy with shopping, dining, recreation, and entertainment nearby. Located just south of downtown Gainesville and only minutes Lake Kiowa and WinStar Casino with easy access to Denton, Dallas, Fort Worth and DFW via I-35. Sells AS IS. NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals and NO OPTION PERIOD. 10% Buyer's Premium will be added to the High Bid to constitute the Total Contract Price. Buyer's Premium is paid the day of the Auction by Cash or a Personal or Business Check will be accepted when accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due on Thursday, August 27, 2026 by 5:00pm at Acrisure Title of Texas in Frisco, by Cash, Financing or a combination of both.

Investor Tools

Property Icon
$245,089
Estimated Property Value
$0Estimated Mortgage Balance
$245,089Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$318,616
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,332
$245,089
2025
$226,435
$18,654
$245,089
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,332
$245,089

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,089
100%
0%
$0/mo

City: Gainesville

1746 S FM 372 | Property Details | No Agent List