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$316,000

NAL Estimated Property Value

415 County Road 2121, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.46 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size3.61 acres

Building Information

Year Built1985
Roof Type105

Land Information

APN21188
SubdivisionBailey Acc
Land UseResidential
Legal DescriptionBAILEY ACC 0044 ACRES 3.61
Census Tract000702
Assessed Land Value$51,324
Assessed Improvement Value$190,838
Assessment Year2025

About this property

Nestled on 3.61 fully fenced acres this 3bd, 1 ba home is move-in ready! Beautifully updated kitchen with granite countertops, quartz backsplash, island & brand new SS appliances. Just off the kitchen you will find the enclosed back porch with AC unit makes this a perfect bonus room, entertainment room the possibilities are endless. Enjoy evenings sitting outside around the fire-pit overlooking your back pasture. 24x30 workshop with concrete floor, 220 electric, and roller door has plenty of room for all the things! New roof, gutters, window screens, & HWH in 2024. French Drains installed in 2020. Close to shopping, restaurants, area attractions like Frank Buck Zoo (5 miles), and Winstar Casino (15.5 miles).

Investor Tools

Property Icon
$316,000
Estimated Property Value
$0Estimated Mortgage Balance
$316,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,712
$242,162
2025
$51,324
$190,838
$336,289
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,712
$242,162

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$316,000
100%
0%
$0/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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415 County Road 2121 | Property Details | No Agent List