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$499,500

404 County Road 260, Gainesville, TX, 76240

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,751 Sq Ft
price_per_sqft$181.57 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1.84 acres

Building Information

Year Built1998
Roof Type105
Garage Spaces5

Land Information

APN27644
Lot Number1
SubdivisionRed Oak Subd
Land UseResidential
Legal DescriptionRED OAK SUBD; LOT 1; ACRES 1.84
Census Tract001100
Assessed Land Value$101,610
Assessed Improvement Value$344,624
Assessment Year2025

About this property

If you are looking for country living in a custom home, minutes from downtown Gainesville, superbly maintained, double garages, double living areas, hard wood flooring and huge rooms, on under 2 acres, be sure to make your appointment today! Custom built by current owner, downsizing and this amazing home is available for a new family to enjoy. Large, landscaped back yard, established small neighborhood, mature trees, concrete drive to both garages, storm cellar and so much more. Easy access from Radio Road or downtown helps to make this a great location for access to schools, medical, retail and dining. The kitchen is plumbed for gas with gas cooktop in place, ceiling fans thru out home, great large windows for natural light, the rear kitchen dining area is surrounded by windows and looks out to the patio and the beautiful yard. The second living area is 23 by 27 and hosts a swimspa pool. Peaceful country living, amazing neighborhood, minutes from town, spacious rooms - and priced to sell, at below market averages. Buyer responsible to verify all.

Investor Tools

$0Estimated Mortgage Balance
$424,417Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,997 /month
Positive
Cash Flow Estimate:
$999 /month

Interested in this property?

Sara Jerome

Vincent Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,415
$424,417
2025
$101,610
$344,624
$446,234
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,415
$424,417

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,417
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
4.0%

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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404 County Road 260 | Property Details | No Agent List