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$371,000

2104 Wheeler Creek Circle, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,103 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.41 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size15,346 sqft

Building Information

Year Built1996
Roof Type105
Garage Spaces2

Land Information

APN54082
Lot Number15
SubdivisionCreek The
Land UseResidential
Legal DescriptionCREEK THE; BLOCK 27; LOT 15
Census Tract000600
Assessed Land Value$57,120
Assessed Improvement Value$309,138
Assessment Year2025

About this property

Call today for an appointment to see this beautiful home nestled in a quiet cul de sac in The Creek subdivision. This lovely home offers a flowing floor plan that includes an office with french doors and a spacious living area with wood burning fireplace. The kitchen has granite counter tops, travertine back splash, an island and an abundance of cabinetry. Other features include a split bedroom arrangement, large Primary bedroom with ensuite bath, utility room with a half bath and room for a freezer, over sized 3 car garage, covered patio, sprinkler system and huge backyard. Exclusions - refrigerator

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,115Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,083
$366,258
2025
$57,120
$309,138
$366,258
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,083
$366,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$294,500
No
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,885
$104,115
28%
72%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,766/mo
$-346/mo
4.6%

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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