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B+
NoAgentList RatingHow are grades calculated? Info

$282,000

1748 County Road 208, Gainesville, TX, 76240

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.63 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringHardwood

Exterior

Lot Size1.77 acres

Building Information

Year Built1970
Roof Type106

Land Information

APN322490
SubdivisionStrong H
Land UseResidential
Legal DescriptionSTRONG H 0930 ACRES 1.771
Census Tract000702
Assessed Land Value$96,629
Assessed Improvement Value$129,561
Assessment Year2025

About this property

Beautifully remodeled farmhouse. Restored original hardwood floors. New siding. New windows. New roof. New HVAC. Completely updated kitchen with new cabinets, quartz countertops, tile backsplash and stainless steel appliances. Breakfast bar. Amazing views off of brand new deck. Great location of 1.77 acre lot. Lovely home that will not disappoint.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$112,000Estimated Mortgage Balance
$178,384Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,217
$226,190
2025
$96,629
$129,561
$226,190
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,217
$226,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Richard Ang
Unknown
$112,000
No
First
May 27, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,616
$178,384
63%
37%
$672/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$672/mo
+$378/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1748 County Road 208 | Property Details | No Agent List