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$248,000

NAL Estimated Property Value

308 S Lutterloh Ave, Gatesville, TX, 76528

$249,942 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,918 Sq Ft
price_per_sqft$114.7 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Refrigerator
FlooringCarpet

Exterior

Lot Size8,233 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces1

Land Information

APN0-82-86-0000
Lot Number3-4
SubdivisionFennimore Addn
Land UseResidential
Legal DescriptionFENNIMORE ADDN, BLOCK D, LOT 3 & 4, ACRES .189
Census Tract010400
Assessed Land Value$35,000
Assessed Improvement Value$204,110
Assessment Year2025

About this property

This beautiful, 4Bed 2Bath, home has tons of updates! Enter into a large den with updated flooring, continue through to the kitchen with a custom back splash and quartz counter tops. The remodeled master bath is paradise, containing an extremely large shower with double show heads and a vanity with double sinks. Enjoy a large master suite, oversized laundry room. Custom, spacious trex composite deck in backyard perfect entertaining. Mud room is by the back yard for easy clean up with a sink (sink is currently a beauticians sink; however, seller will change out upon move out). The enclosed garage has spray foam insulation and is perfect for a game room or large family room. The workshop is perfect for all your projects. You need space? This is your dream home

Investor Tools

Property Icon
$248,000
Estimated Property Value
$229,559Estimated Mortgage Balance
$18,441Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$249,942
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,521
$239,110
2025
$35,000
$204,110
$239,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,521
$239,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Va
$235,852
Yes
First
Nov 2, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,559
$18,441
7%
93%
$1,415/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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308 S Lutterloh Ave | Property Details | No Agent List