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$309,000

NAL Estimated Property Value

3503 Austin Street, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.36 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,249 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN115218
Lot Number11
SubdivisionChalmers Estates
Land UseResidential
Legal DescriptionCHALMERS ESTATES; BLOCK 1; LOT 11; PHASE 1
Census Tract001100
Assessed Land Value$49,500
Assessed Improvement Value$245,806
Assessment Year2025

About this property

This charming 4 bedroom 2 bath home was originally constructed in 2015 and is completely move in ready. Luxury vinyl plank flooring runs throughout living room, kitchen, dining, family room and utility room of the home for a high end finish that is not only beautiful but easy to clean. Layout is functional with large entertainers living room upon entry that flows into open concept kitchen, dining and family room. Primary bedroom is spacious and includes private en-suite bathroom with separate shower and soaker tub, as well as an oversized walk-in closet. 3 guest bedrooms can be found off family room and could function as bedrooms, office or work out room as desired. Additional upgrades include light fixtures throughout home, updated fireplace surround with custom mantle, custom board and batten accent wall in one bedroom, and a hard wires security system (which buyers could select service provider for to activate). 2 car garage includes ceiling mounted racks for maximizing storage.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$290,079Estimated Mortgage Balance
$18,921Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,376
$295,306
2025
$49,500
$245,806
$295,306
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,376
$295,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Saxton Mortgage Llc
Conventional
$298,500
No
First
Oct 12, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,079
$18,921
6%
94%
$1,790/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,753/mo
$1,790/mo
$-37/mo
6.8%

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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3503 Austin Street | Property Details | No Agent List