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$244,900

412 Willow Way, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.48 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size13,151 sqft

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APN11553
Lot Number3
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 5; LOT 3
Census Tract000600
Assessed Land Value$54,562
Assessed Improvement Value$221,775
Assessment Year2025

About this property

This 3 bedroom 2 bath brick home is located in an established neighborhood. Galley kitchen with pantry, living room plus den with large built in cabinetry to display all your treasures and lots of windows for natural light! Primary bedroom has ensuite bath and 2 closets, 2 additional bedrooms for family or guests. Other features include a beautiful front door, covered front and back porches, gorgeous trees in the front and back yards, guttering, privacy fence and a 2 car covered carport with storage. Don't miss the chance to call this your forever home. NEW ROOF INSTALLED!

Investor Tools

Property Icon
$276,337
Estimated Property Value
$0Estimated Mortgage Balance
$276,337Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,658 /month
Positive
Cash Flow Estimate:
$553 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,021
$276,337
2025
$54,562
$221,775
$276,337
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,021
$276,337

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,337
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
6.2%

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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412 Willow Way | Property Details | No Agent List