Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$372,579

NAL Estimated Property Value

402 Elm St, Buffalo Gap, TX, 79508

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,119 Sq Ft
price_per_sqft$162.81 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator, Wine Cooler
FlooringBrick, Carpet

Exterior

Lot Size21,000 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces3

Land Information

APNS0300002300
SubdivisionOriginal Town Buffalo Gap
Land UseResidential
Legal DescriptionORIGINAL TOWN BUFFALO GAP, BLOCK 12, LOT 14,16 & 18
Census Tract013502
Assessed Land Value$16,800
Assessed Improvement Value$355,779
Assessment Year2025

About this property

This unique property offers the perfect blend of residential charm and commercial functionality. Situated on a spacious .48 acre lot, the home provides flexibility for a variety of uses — ideal for a small business, home office, or live-work setup. The main structure (2 bedrooms, 1.5 bathrooms, a large living room with a wood burning firepalce, and an extra large laundry space,office) features comfortable living space that can easily be adapted for office use, client meetings, or other professional needs. Outside, you’ll find two separate storage buildings (this includes a 20 x 20 workshop with a roll-up door and the potential for a second living space), perfect for inventory, equipment, or workshop space. The yard is maintained by a private well, helping reduce utility costs and supporting lush landscaping or future outdoor expansion. Whether you're looking to establish a business, invest in a mixed-use property, or simply enjoy the extra space and functionality, this property offers rare potential in a prime location.

Investor Tools

Property Icon
$372,579
Estimated Property Value
$335,532Estimated Mortgage Balance
$37,047Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,235 /month
Positive
Cash Flow Estimate:
$745 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,779
$372,579
2025
$16,800
$355,779
$372,579
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,779
$372,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$340,000
No
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,532
$37,047
9%
90%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,006/mo
$2,039/mo
$-1,033/mo
3.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Buffalo Gap

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

402 Elm St | Property Details | No Agent List