$322,000
NAL Estimated Property Value208 Fairfield Street, Gainesville, TX, 76240
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size10,280 sqft
Building Information
Year Built1968
Roof Type105
Garage Spaces2
Land Information
APN11940
Lot Number1
SubdivisionFairfield Addn
Land UseResidential
Legal DescriptionFAIRFIELD ADDN; BLOCK E; LOT 1 & E 6' OF 2
Census Tract001100
Assessed Land Value$21,535
Assessed Improvement Value$288,331
Assessment Year2025
About this property
Fantastic move-in ready home offers everything you've been waiting for… you won’t believe the amount of living space!!! This eye catching 4 bedroom, 3 bath home offers two living areas, WBFP, updated flooring, 2 dining areas, galley style kitchen, new roof and so much more!! **Buyer or Buyer’s agent to verify all information**
Investor Tools
$322,000
Estimated Property Value
$221,176Estimated Mortgage Balance
$100,824Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,866
$309,866
2025
$21,535
$288,331
$309,866
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,866
$309,866
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$213,069
Yes
First
Nov 6, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,176
$100,824
31%
69%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$1,472/mo
+$281/mo
6.5%
