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$540,000

3440 E Broadway, Gainesville, TX, 76240

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.03 acres

Land Information

APN1039
SubdivisionBailey Acc
Land UseAgriculture / Farming
Legal DescriptionBAILEY ACC 0044 ACRES 4.03
Census Tract001100
Assessed Land Value$154,080
Assessment Year2025

About this property

Approx 51.3 acres of land in the Gainesville City limits zoned Commercial District 2. Property is on the SE corner of FM 3092 and E. Broadway (FM 678) on the East side of Gainesville. All utilities at the roads. Ready for new development or buy and hold for investment. Priced below surrounding properties!

Investor Tools

Property Icon
$154,080
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,407
$154,080
2025
$154,080
N/A
$154,080
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,407
$154,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Open End Mortgage / Open End With Future Advance Clause
$715,000
No
First
Dec 29, 2021
Jul 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,389
N/A
0%
425%
$4,287/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.

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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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3440 E Broadway | Property Details | No Agent List