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A+
NoAgentList RatingHow are grades calculated? Info

$290,000

219 Cartwright Hill Lane, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.4 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters
Lot Size1.88 acres

Building Information

Year Built1969
Roof Type105
Garage Spaces2

Land Information

APN12719
Lot Number13
SubdivisionCross Timbers Subd
Land UseResidential
Legal DescriptionCROSS TIMBERS SUBD; LOT 13; ACRES 1.88
Census Tract000100
Assessed Land Value$92,561
Assessed Improvement Value$140,599
Assessment Year2025

About this property

Beautiful property situated at the end of a private road. This 1.88 acre home offers lots of trees, a detached garage, a barn in the back of property that could be a chicken coop or a workshop. Fourth Bedroom is currently a huge laundry room. There is Woodbine water and located in Gainesville School District. Motivated Seller bring all offers!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$0Estimated Mortgage Balance
$144,305Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,116
$233,160
2025
$92,561
$140,599
$233,160
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,116
$233,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$164,326
No
First
Jul 17, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,695
$144,305
49%
50%
$986/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$986/mo
+$767/mo
7.3%

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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219 Cartwright Hill Lane | Property Details | No Agent List