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$261,684

309 Rosedale Drive, Gainesville, TX, 76240

$287,331 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.66 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size10,276 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN614
Lot Number6
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 1; LOT 6
Census Tract000600
Assessed Land Value$46,767
Assessed Improvement Value$214,917
Assessment Year2025

About this property

With just a little love, this lovely home could be polished up to be the perfect place for your family to enjoy! So much space to work with, offering three large living areas that could be used is in a wide variety of ways....game room, guest quarters, office spacious, home gym, etc., * Nice galley kitchen with loads of beautiful oak cabinets, Large en suite with sitting area and walk in closet, ample storage space, large fenced yard with open patio, storage building, gazebo, and more! Square footage includes the garage space which is venten with central heat and air, but could easily be converted back in to a large two care garage with just a few very small adjustments.

Investor Tools

Property Icon
$261,684
Estimated Property Value
$0Estimated Mortgage Balance
$21,768Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$287,331
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,570 /month
Positive
Cash Flow Estimate:
$523 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,098
$261,684
2025
$46,767
$214,917
$261,684
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,098
$261,684

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Fha
$254,319
Yes
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,916
$21,768
8%
92%
$1,525/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,525/mo
$-105/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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