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$263,617

NAL Estimated Property Value

302 S Grand Avenue, Gainesville, TX, 76240

$342,702 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,080 Sq Ft
price_per_sqft$80.68 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
AppliancesGas Water Heater
FlooringCarpet, Terrazzo

Exterior

Lot Size18,165 sqft

Building Information

Year Built1950
Garage Spaces4

Land Information

APN4543
Lot Number4
SubdivisionClements I
Land UseCommercial
Legal DescriptionCLEMENTS I; BLOCK 11; LOT 4 N 120'; ACRES .417
Census Tract001100
Assessed Land Value$65,621
Assessed Improvement Value$197,996
Assessment Year2025

About this property

Well Established Medical Office With PRIME Location near the Intersection of California and Grand Ave. This office office building offers over 3000 sq feet of flexible space with endless opportunities for your existing or new business. Features include a large lobby & reception area overlooking the beautiful courtyard, 3 private offices, 2 restrooms, 2 waiting rooms. There is also 4 exam rooms, a lab room, a surgical room, and 3 nurses stations ALL with built in cabinets and sinks, utility area - storage, covered and open parking. Great Price! Great Location!

Investor Tools

Property Icon
$263,617
Estimated Property Value
$150,246Estimated Mortgage Balance
$113,371Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$342,702
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,582 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,996
$263,617
2025
$65,621
$197,996
$263,617
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,996
$263,617

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$170,512
No
First
Apr 13, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,246
$113,371
43%
57%
$1,023/mo

City: Gainesville

302 S Grand Avenue | Property Details | No Agent List