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$192,000

306 Fennimore St, Gatesville, TX, 76528

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.38 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size11,238 sqft

Building Information

Year Built1985
Garage Spaces1

Land Information

APN0-97-31-0000
Lot Number2
SubdivisionOriginal Town Gatesville
Land UseResidential
Legal DescriptionORIGINAL TOWN GATESVILLE, BLOCK 30, LOT 2, ACRES .258
Census Tract010400
Assessed Land Value$17,500
Assessed Improvement Value$136,790
Assessment Year2025

About this property

Welcome to 306 Fennimore Street! This well-maintained 3-bedroom, 2-bath home offers over 1,350 square feet of comfortable living space on a spacious quarter-acre lot in an established Gatesville neighborhood - very close to Raby park. Step inside to find a bright, oversized living room featuring beautiful wood-look flooring, abundant natural light, and a welcoming atmosphere perfect for relaxing or entertaining. The adjoining dining area flows into a functional kitchen offering generous cabinet and counter space with plenty of room for everyday living. The primary suite includes a private bathroom with walk-in shower, while two additional bedrooms share a full guest bath, providing flexibility for family, guests, or a home office. Outside, you'll enjoy a large fenced backyard shaded by mature trees with plenty of room for kids, pets, gardening, or outdoor gatherings. A detached storage building offers additional space for tools, hobbies, or lawn equipment, while the attached one-car garage provides convenience and extra storage. Many recent updates including a new roof installed last year! Conveniently located near schools, shopping, restaurants, and local amenities, this move-in ready home is an excellent opportunity for first-time buyers, downsizers, or anyone looking for comfortable living in Gatesville. Schedule your private showing today!

Investor Tools

$167,531Estimated Mortgage Balance
$14,994Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

Interested in this property?

Kim Hill

United Country H5 Auction & Re

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,216
$154,290
2025
$17,500
$136,790
$154,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,216
$154,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$165,938
Yes
First
Dec 12, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,531
$21,469
11%
92%
$1,031/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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306 Fennimore St | Property Details | No Agent List