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$340,000

NAL Estimated Property Value

2308 Jodi Ln, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$146.21 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringCombination, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size8,999 sqft

Building Information

Year Built1986
Roof Type105

Land Information

APN25098
Lot Number22
SubdivisionEastridge Est
Land UseResidential
Legal DescriptionEASTRIDGE EST; LOT 22
Census Tract000600
Assessed Land Value$46,355
Assessed Improvement Value$161,384
Assessment Year2025

About this property

Great Investment Opportunity!!! Adorable three bedroom, 1.5 bath home nestled on the outskirts of town with two living areas, eat in kitchen, built ins, vinyl wood flooring, walk in closets, large backyard, storage building, ample parking, and more! Home is super affordable and efficient...would make a great investment !

Investor Tools

Property Icon
$340,000
Estimated Property Value
$184,236Estimated Mortgage Balance
$155,764Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,937
$207,739
2025
$46,355
$161,384
$207,739
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,937
$207,739

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Conventional
$197,359
No
First
Oct 21, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,236
$155,764
45%
54%
$1,184/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,184/mo
+$236/mo
5.0%

City: Gainesville

2308 Jodi Ln | Property Details | No Agent List