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$150,000

2509 Powell Dr, Gatesville, TX, 76528

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.18 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringHardwood, Tile, Vinyl

Exterior

Lot Size7,187 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN0-80-91-0000
Lot Number5
SubdivisionEastwood Park
Land UseResidential
Legal DescriptionEASTWOOD PARK, BLOCK 3, LOT 5, ACRES .1653
Census Tract010202
Assessed Land Value$20,000
Assessed Improvement Value$108,130
Assessment Year2025

About this property

Charming and cozy, this 3-bedroom, 1-bath home is located at 2509 Powell Street in Gatesville, TX. Built in 1960, this 868 square-foot home offers the perfect blend of character and modern updates. The spacious, fenced backyard makes a great space for outdoor activities or relaxation. Inside, the home features original hardwood floors in the living room and bedrooms, vinyl wood flooring in the kitchen, and ceramic tile in the bathroom. The eat-in kitchen, just off the living room, offers plenty of cabinet space for storage and meal prep. The bedrooms are generously sized, and the bathroom has been beautifully refinished. For parking or additional storage, there’s a one-car garage with an attached carport. The covered front porch provides the perfect spot for seasonal decorating and enjoying your morning coffee. One of the best features of this home is its location—schools are within walking distance, making it convenient for families with children.

Investor Tools

Property Icon
$150,000
Estimated Property Value
$0Estimated Mortgage Balance
$150,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,948
$128,130
2025
$20,000
$108,130
$128,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,948
$128,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$150,000
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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2509 Powell Dr | Property Details | No Agent List