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$228,000

NAL Estimated Property Value

301 S Clements Street, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,664 Sq Ft
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringHardwood, Vinyl, Wood, Other

Exterior

Exterior FeaturesDeck
Lot Size11,979 sqft

Building Information

Year Built1900
Roof Type105
Garage Spaces4

Land Information

APN6077
Lot Number3
SubdivisionClements I
Land UseResidential
Legal DescriptionCLEMENTS I; BLOCK 11; LOT 3 N PT; ACRES .275
Census Tract001100
Assessed Land Value$45,029
Assessed Improvement Value$168,035
Assessment Year2025

About this property

Own your very own piece of American History. This beautiful, Victorian home was built in 1900 and is minutes from historic downtown Gainesville. This home features original craftsmanship and has stood the test of time. With updated electrical and plumbing, everything else on this home is original. This home sits on a large corner lot with plenty of gated storage for your boat or RV. A newly built deck in the backyard is perfect for large family gatherings or entertaining. The early American craftsmanship features pocket doors in several rooms, allowing you to convert the living area into an extra large room for entertaining your guests inside. A bonus room at the rear of the home can be used as an extra bedroom or game room. With several amenities near by such as a grocery store and local shops, this home is conveniently located. It also features a carport with room for up to four cars and two detached single car garages. Schedule your showing appointment today!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,078
$213,064
2025
$45,029
$168,035
$213,064
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,078
$213,064

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
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
7.5%

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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301 S Clements Street | Property Details | No Agent List