
$474,000
NAL Estimated Property Value214 Colt Drive, Gainesville, TX, 76240
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NEW 4 bedroom, 3 bath home with 3 car garage near the east gate with lots of mature trees. The private backyard will make you feel like you’re in the country. This great home features an open floor plan with large kitchen island-breakfast bar and gas fireplace in living area. The primary bedroom suite has an oversized walk in shower, double vanity with seated area, and huge walk in closet. Another bedroom with en-suite bath acts as a second primary suite perfect for guests or family. Two more bedrooms and another bathroom round out the living space in this great home. The utility room is oversized with built in cabinetry and a folding area. Energy efficiency keeps electric bills low. Estimated completion date end of January. Lake Kiowa is a gated community with 24 hour manned entrance, private lake for fishing or skiing, unlimited golfing on the PGA rated golf course, two beaches, a community center with restaurant and 19th hole, and soon a 9 hole par 3 course!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gainesville
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