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A+
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$248,000

3578 County Road 211, Gainesville, TX, 76240

$322,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.38 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesConvection Oven, Disposal, Electric Oven
FlooringLaminate, Other

Building Information

Year Built2021

Land Information

APN320177
SubdivisionMiller S
Land UseResidential
Legal DescriptionMILLER S 0678 LABEL# PFS1272331 SN1 FLE240TX2045660A TITLE # MH00863211
Census Tract000701
Assessed Improvement Value$70,758
Assessment Year2025

About this property

Recently remodeled home located in the quiet country near Collinsville and Gainesville. Short drive to Lake Texoma and Lake Ray Roberts. Next to the Lake Kiowa development, with dining, shopping, and outdoor activities. Renovations include new HVAC, electric services upgrades, new fans and light fixtures, new plumbing fixtures, new appliances. Fresh interior and exterior paint, new flooring, new granite counter tops and new cabinets in the kitchen. New bathroom. New interior drywall, new doors and trim, and much more. Mobile home on property can be removed or fixed up for use. Ready for a new family to move in. A solid house and acreage in a great town for a great price.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$30,000Estimated Mortgage Balance
$232,725Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$322,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$894
$70,758
2025
N/A
$70,758
$70,758
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$894
$70,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cit Group-Consumer Finance Inc
Credit Line (Revolving) / Heloc
$30,000
No
First
May 10, 2007
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,275
$232,725
93%
6%
$180/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: Gainesville

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3578 County Road 211 | Property Details | No Agent List