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$296,000

NAL Estimated Property Value

1836 County Road 2117, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,160 Sq Ft
FarmFarm
price_per_sqft$391.16 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built1996
Roof Type105

Land Information

APN22400
SubdivisionSlingland W
Land UseResidential
Legal DescriptionSLINGLAND W 0898 ACRES 1.0 LABEL# PFS0406136 CANCELLED TO REAL SN1 SH01120396A TITLE # 00349315
Census Tract000702
Assessed Land Value$40,893
Assessed Improvement Value$153,450
Assessment Year2025

About this property

Gorgeous 41.32 acre ranch just outside Gainesville. 2 stocked ponds; tons of wildlife, including deer, ducks, geese, turkey and even eagles spotted on the property. Over 7 acres of fertilized hay field. Woodbine water is available at the road, but water well produces great quality water. Property is fully fenced and ready for livestock or horses. Pastures are coastal and Bermuda grass with rye grass in the spring. Property also boasts a 40x60 barn with 17x60 side shed and 18×50 shop with 18x15 insulated area. Manufactured home with 4 bedrooms, 2.5 baths is very livable, but given minimal value. Ag exempt. This is the perfect place to build a dream horse ranch or estate home. Great location in North Texas!

Investor Tools

Property Icon
$296,000
Estimated Property Value
$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,069 /month
Positive
Cash Flow Estimate:
$1,690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,684
$194,343
2025
$40,893
$153,450
$194,343
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,684
$194,343

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
N/A
+$1,753/mo
7.1%

City: Gainesville

1836 County Road 2117 | Property Details | No Agent List