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$514,000

NAL Estimated Property Value

2328 Fm 2071, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,034 Sq Ft
price_per_sqft$171.06 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Vinyl

Exterior

Exterior FeaturesGray Water System, Rain Gutters
Lot Size6.13 acres

Building Information

Year Built1956
Roof Type105
Garage Spaces4

Land Information

APN4542
SubdivisionBrown Wc
Land UseResidential
Legal DescriptionBROWN WC 0103 ACRES 6.13
Census Tract001100
Assessed Land Value$59,073
Assessed Improvement Value$339,240
Assessment Year2025

About this property

Charming 3 Bedroom, 3 Bath single-story ranch on 6.1 acres!*** Spacious 3,034 sq ft home featuring oversized rooms, fireplace, two living areas, and two dining spaces. Large country kitchen with two sinks, double ovens, ample workspace, and abundant storage, plus multiple walk-in closets throughout and a covered patio. This beautiful property is well suited for livestock with a fenced pasture, barn, and paddock, along with a fenced backyard for separation. Enjoy the seasonal pond, mature trees, and open space ideal for animals and outdoor use. Additional improvements include a large shop with office and storage space, circular drive, two car garage, and so many beautiful mature trees! Enjoy peaceful country living with room to work and play, just minutes from Gainesville and surrounding area amenities. Ideal for horses, small scale ranching, or hobby farming......ready for your personal touches with endless possibilities! This is a rare opportunity to get acreage like this with a one story ranch with over 3000 sq.ft. that provides the space and feel of country living yet so close to town! MULTIPLE OFFERS - ALL OFFERS DUE BY MONDAY, MAY 25 AT NOON.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$0Estimated Mortgage Balance
$514,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,242
$398,313
2025
$59,073
$339,240
$591,586
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,242
$398,313

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$514,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
3.3%

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.

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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: Gainesville

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2328 Fm 2071 | Property Details | No Agent List