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Days1227Days on Market
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$182,000

246 Old Waco Rd, Gatesville, TX, 76528

On MarketInfo
Baths0 Bath

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.92 acres

Land Information

APN0-76-97-0560
Lot Number7
SubdivisionBrim Place V
Land UseResidential
Legal DescriptionBRIM PLACE V, BLOCK 1, LOT 7, ACRES 1.923
Census Tract010400
Assessed Land Value$48,820
Assessment Year2025

About this property

This is a great place to build a great subdivision or have a large piece of land in town to build a great place. The property can hold 7 lots in one track. Owner financing option available.

Investor Tools

$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

Interested in this property?

Diana Barnett

Cowboy RE by All City RE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,047
$48,820
2025
$48,820
N/A
$48,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,047
$48,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,000
100%
0%
$0/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.

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: Gatesville

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