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$730,000

248 Mule Run, Gainesville, TX, 76240

$876,821 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.47 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size4 acres

Building Information

Year Built2018
Garage Spaces1

Land Information

APN7162
SubdivisionMeador Jm
Land UseResidential
Legal DescriptionMEADOR JM 1270 ACRES 4.0
Census Tract000100
Assessed Land Value$616
Assessed Improvement Value$98,311
Assessment Year2025

About this property

One of the prettiest properties in Cooke County! This 3 bdrm 2 bath home on 8 acres is perfection with fantastic views in every direction. The shop is the shop of your dreams! 70x90 including overhangs, 5 car covered parking, insulated and heated. Home features an open floor plan, luxury vinyl plank flooring, Smart Home System, Energy Star appliances, stone WB FP with blower, 6x8 safe room with heat & air-you will love the door! Walk in closets & storage galore with huge pantry. Beautiful primary bedroom with en-suite bath and spacious walk in closet. Porches & patio for sitting or entertaining, a metal standing seam roof, storm shelter & plenty of room for boat or RV parking! Survey & house plans available.

Investor Tools

Property Icon
$872,000
Estimated Property Value
$0Estimated Mortgage Balance
$872,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$876,820
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,232 /month
Positive
Cash Flow Estimate:
$1,744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,259
$98,927
2025
$616
$98,311
$200,251
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,259
$98,927

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$872,000
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: Gainesville

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248 Mule Run | Property Details | No Agent List