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$239,000

2007 Maplewood Drive, Gainesville, TX, 76240

$302,543 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.79 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,724 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces2

Land Information

APN16993
Lot Number4
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 10; LOT 4
Census Tract000600
Assessed Land Value$48,142
Assessed Improvement Value$259,729
Assessment Year2025

About this property

This recently renovated Brick home sits in a beautiful, quiet neighborhood in the Wheeler Creek addition in Gainesville. As you enter the home you will have a large foyer and a bright living and dining room with beautiful wood flooring and atrium doors to the back of the covered porch cheerfully welcomes any new owner. You will be in awe by the owner's impeccable taste in this nicely done Renovated Kitchen and Bathrooms with new plumbing . This home has 4 spacious bedrooms with large windows and 3 Full Baths and a large living and dining area. 2 car garage, with a shop and electricity, covered patio and extras MERRY CHRISTMAS TO THE NEW OWNERS OF THIS BEAUTIFUL HOME

Investor Tools

Property Icon
$298,000
Estimated Property Value
$0Estimated Mortgage Balance
$82,403Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$302,542
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,229
$295,260
2025
$48,142
$259,729
$307,871
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,229
$295,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$235,648
No
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,597
$82,403
27%
72%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$1,413/mo
+$340/mo
7.1%

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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2007 Maplewood Drive | Property Details | No Agent List