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$322,859

NAL Estimated Property Value

413 E Broadway St, Gainesville, TX, 76240

$368,197 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,080 Sq Ft
price_per_sqft$90.91 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size16,213 sqft

Building Information

Garage Spaces1

Land Information

APN3793
Lot Number5
SubdivisionPutman
Land UseCommercial
Legal DescriptionPUTMAN; BLOCK G; LOT 5 & PT OF LTS 3, 4 & 6
Census Tract000500
Assessed Land Value$56,753
Assessed Improvement Value$266,106
Assessment Year2025

About this property

Commercial building on a corner lot close to downtown Gainesville. Formerly home to a dentist and family doctor, and more recently an accounting firm, this building is separated into two suites with multiple rooms on each side. Each suite has a reception area, bathroom, and multiple individual offices or rooms. Great opportunity to own a building for your business and lease out the other half. The property includes a parking lot on the north side of the building, a carport, and an additional empty lot to the north of the parking lot. Buyer to verify all information.

Investor Tools

Property Icon
$322,859
Estimated Property Value
$0Estimated Mortgage Balance
$322,859Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$368,197
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,937 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,805
$322,859
2025
$56,753
$266,106
$322,859
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,805
$322,859

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,859
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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413 E Broadway St | Property Details | No Agent List