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$282,000

NAL Estimated Property Value

1748 County Road 208, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,096 Sq Ft
price_per_sqft$273.63 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
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
$103,616Estimated Mortgage Balance
$178,384Estimated Equity
63% 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%

City: Gainesville

1748 County Road 208 | Property Details | No Agent List