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$202,210

NAL Estimated Property Value

316 E Fm 931, Gatesville, TX, 76528

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.05 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Refrigerator, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Lot Size1.14 acres

Building Information

Year Built1965
Roof Type105
Garage Spaces2

Land Information

APN0-25-88-0000
Land UseResidential
Legal Description0409 J GUESAR FLAT, ACRES 1.14
Census Tract010101
Assessed Land Value$42,280
Assessed Improvement Value$159,930
Assessment Year2025

About this property

Welcome to 316 E FM 931—charming 3-bedroom, 2-bathroom home nestled on a spacious 1.14+ acre lot just minutes from downtown Gatesville! Motivated sellers! Step inside to find a functional layout featuring a bright living space, a well-appointed kitchen with ample cabinetry and an island for plenty of storage! Split floor plan with oversized primary retreat with sitting area, full en-suite and closet. Two guest bedrooms and a full bathroom are located across the main living area. Spacious laundry room leads out to fenced in patio with grass area to entertain. Outside, enjoy the serenity of country life—mature shade trees, open green space for gardening or gatherings, and room to expand or build. The property includes a covered carport and a detached garage/workshop, sheds, cross fencing, and barns perfect for a micro ranch! Call to schedule a tour!

Investor Tools

Property Icon
$202,210
Estimated Property Value
$194,666Estimated Mortgage Balance
$7,544Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,213 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$202,210
2025
$42,280
$159,930
$202,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$202,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$196,377
Yes
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,666
$7,544
3%
96%
$1,178/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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316 E Fm 931 | Property Details | No Agent List