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$207,576

NAL Estimated Property Value

1811 Arkansas Street, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.4 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,599 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces1

Land Information

APN16153
Lot Number6
SubdivisionConstitution Village
Land UseResidential
Legal DescriptionCONSTITUTION VILLAGE; BLOCK 1; LOT 6
Census Tract000600
Assessed Land Value$33,990
Assessed Improvement Value$173,586
Assessment Year2025

About this property

This cute, efficiently laid-out house is move in ready. in an excellent location, you will enjoy being minutes from Highways 35 and 82. The home boasts a large, open floorplan with the kitchen feeding right into the living and dining room. Perfectly sized 3-bedroom, 2 bath layout with attached garage gives you plenty of space for everything and everyone. Washer, dryer, black shelving units in the kitchen, and refrigerator convey with the property sale. Seller rquests a short leaseback. Roof replaced in 2020 has transferrable warranty to Buyer.

Investor Tools

Property Icon
$207,576
Estimated Property Value
$131,390Estimated Mortgage Balance
$76,186Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,245 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,934
$207,576
2025
$33,990
$173,586
$207,576
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,934
$207,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$141,000
No
First
Sep 28, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,390
$76,186
36%
63%
$846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$846/mo
+$574/mo
8.2%

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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1811 Arkansas Street | Property Details | No Agent List