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$225,655

NAL Estimated Property Value

308 Willow Way, Gainesville, TX, 76240

$251,352 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.35 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size10,881 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APN14237
Lot Number5
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 6; LOT 5
Census Tract000600
Assessed Land Value$48,599
Assessed Improvement Value$203,888
Assessment Year2025

About this property

Multiple offers received! Highest and best offers expected by 5 pm Tuesday, May 26, 2026. This charming 3-bedroom, 2-bath home offers plenty of space to spread out with two comfortable living areas perfect for relaxing or entertaining. Step outside to enjoy the impressive 13’ x 19’ screened-in porch, providing the ideal spot to unwind while overlooking the beautiful backyard complete with garden areas ready for your flowers, vegetables, or personal touch. An 8’ x 10’ storage shed adds extra room for tools, lawn equipment, or hobbies. With inviting indoor spaces and a peaceful outdoor setting, this home offers comfort, functionality, and room to enjoy everyday living.

Investor Tools

Property Icon
$225,655
Estimated Property Value
$0Estimated Mortgage Balance
$225,655Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$251,352
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,354 /month
Positive
Cash Flow Estimate:
$451 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,233
$225,655
2025
$48,599
$203,888
$252,487
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,233
$225,655

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,655
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
7.6%

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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308 Willow Way | Property Details | No Agent List