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A+
NoAgentList RatingHow are grades calculated?Info
Days88Days on Market
Views1view
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$229,750

205 Lakewood Dr, Gatesville, TX, 76528

$298,675 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$68.32 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListMust-SellARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesRefrigerator
FlooringLaminate, Tile

Exterior

Lot Size15,246 sqft

Building Information

Year Built1986
Stories3

Land Information

APN0-88-80-0000
Lot Number1
SubdivisionLakewood Greens Part 1
Land UseResidential
Legal DescriptionLAKEWOOD GREENS PART 1, BLOCK 9, LOT 1, ACRES .35
Census Tract010400
Assessed Land Value$21,000
Assessed Improvement Value$244,900
Assessment Year2025

About this property

Located on the greens of the Gatesville Country Club, this 3-bedroom, 3-bath home offers over 3,000 square feet of living space and exceptional potential. The spacious layout features an open-concept kitchen that flows seamlessly into the living area, complete with a wood-burning stove that adds warmth and character. Generous square footage provides flexibility for a variety of living and entertaining needs. This property is ideal for buyers looking to add their own style and updates, with the opportunity to transform it into a stunning golf course retreat. Enjoy peaceful surroundings, scenic views, and convenient access to the Gatesville Country Club. With a little TLC, this home can truly be brought back to life and customized to fit your vision.

Investor Tools

$0Estimated Mortgage Balance
$533,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$298,675
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,198 /month
Positive
Cash Flow Estimate:
$1,066 /month

Interested in this property?

Sara Brown

Dixon Realty Team|KW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$703
$265,900
2025
$21,000
$244,900
$265,900
Yes (2010)

Tax History

Year
Tax Paid
Assessed Value
2024
$703
$265,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$533,000
100%
0%
$0/mo

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: Gatesville

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205 Lakewood Dr | Property Details | No Agent List