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$180,000

223 Candlewood Circle, Gainesville, TX, 76240

$221,532 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.88 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,805 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APN115162
Lot Number35
SubdivisionSummerfield Addn
Land UseResidential
Legal DescriptionSUMMERFIELD ADDN; BLOCK C; LOT 35
Census Tract000100
Assessed Land Value$48,220
Assessed Improvement Value$206,767
Assessment Year2025

About this property

CHARMING house located in a great neighborhood! This 3 bedroom 2 bath home has new flooring throughout and has been very well kept. Sitting on a spacious interior lot close to a ton of amenities and downtown. This is an open floor plan with lots of natural lighting. Don't miss out on this RARE opportunity.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$0Estimated Mortgage Balance
$95,691Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$221,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,975
$254,987
2025
$48,220
$206,767
$254,987
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,975
$254,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benefiviary
Unknown
$179,450
No
First
May 4, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,309
$95,691
37%
63%
$1,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,076/mo
+$344/mo
6.6%

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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223 Candlewood Circle | Property Details | No Agent List