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$102,000

NAL Estimated Property Value

215 Spindletop St, Gatesville, TX, 76528

$128,334 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths891 Sq Ft
price_per_sqft$39.28 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyOff-Market ListARV FlipAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Water Heater
FlooringOther, Wood

Exterior

Lot Size5,009 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN0-92-00-0000
Lot Number4
SubdivisionNew Addn
Land UseResidential
Legal DescriptionNEW ADDN, BLOCK 15, LOT 4 NW PT, ACRES .115
Census Tract010400
Assessed Land Value$4,030
Assessed Improvement Value$20,290
Assessment Year2025

About this property

Investment opportunity in Gatesville. This 2/1 home has already been stripped down to the studs, ready for you to make it your cute cottage or great rental property. Seller purchased the home with intention of living there but circumstances changed. There is a new bathtub, kitchen sink, toilet, cabinet and ceiling fans that can be conveyed with the home. Fence posts are already in place for chain link fence

Investor Tools

Property Icon
$102,000
Estimated Property Value
$69,889Estimated Mortgage Balance
$32,111Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$128,334
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$647
$24,320
2025
$4,030
$20,290
$24,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$647
$24,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
N/A
Stand Alone First / Home Equity First Lien
$75,000
No
First
Sep 7, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,889
$32,111
31%
69%
$450/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.

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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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215 Spindletop St | Property Details | No Agent List