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$338,000

2858 Fm 2896, Gainesville, TX, 76240

$439,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,875 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$153.6 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Other, Plumbed For Ice Maker, Refrigerator
FlooringVinyl, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting, Other, Storage
Lot Size7.30 acres

Building Information

Year Built2016
Roof Type105
Garage Spaces4

Land Information

APN110995
SubdivisionWillis S
Land UseResidential
Legal DescriptionWILLIS S 1102 ACRES 7.3 -LH ON 87820
Census Tract000100
Assessed Land Value$243,278
Assessed Improvement Value$188,425
Assessment Year2025

About this property

PHOTO'S DON'T DO THIS PLACE JUSTICE!! Here it is, 7 plus acres of country living!!! Prime property with award winning schools is awaiting a new family. Lightly lived in home on secluded acreage, with a pond, garden, room for the kiddos and fur babies to run, jump and have massive amounts of fun. Tons of covered space to park the toys, boat, tractor, vehicles. This place is adorable and charming to say the very least!! All the hard work has been done by the sellers and is awaiting you. Must See to appreciate this Three Bedroom, Two bath Open concept single family home.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$250,901Estimated Mortgage Balance
$117,381Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$439,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,539
$323,938
2025
$243,278
$188,425
$431,703
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,539
$323,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Fha
$250,901
Yes
First
Mar 27, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,619
$117,381
34%
65%
$1,505/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,505/mo
$-85/mo
5.0%

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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2858 Fm 2896 | Property Details | No Agent List