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$270,413

304 Willow Way, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.03 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator

Exterior

Lot Size10,677 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APN2815
Lot Number7
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 6; LOT 7
Census Tract000600
Assessed Land Value$47,992
Assessed Improvement Value$222,421
Assessment Year2025

About this property

Beautiful 3 bedroom 2 bath in a highly desirable area of Gainesville! Luxury vinyl flooring throughout the entire home, along with updated bathrooms and kitchen areas. There's also a sunroom with tons of natural lighting that could be used as an office, play area or flex space. Brand new roof installed in 2023. Large well manicured fenced in back yard. Just minutes to Winstar World Casino and about an hour north of DFW. This home is truly a must see! Come make this one yours today!

Investor Tools

Property Icon
$270,413
Estimated Property Value
$269,068Estimated Mortgage Balance
$3,690Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,622 /month
Positive
Cash Flow Estimate:
$541 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,892
$270,413
2025
$47,992
$222,421
$270,413
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,892
$270,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$269,068
Yes
First
Nov 29, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,723
$3,690
1%
99%
$1,614/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,614/mo
$-194/mo
6.3%

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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304 Willow Way | Property Details | No Agent List