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$400,000

$450,000

450 Woodbine Estates Rd, Gainesville, TX, 76240

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.31 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesPrivate Entrance, Private Yard, Storage
Lot Size6.41 acres

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APN5221
SubdivisionWoodbine Est
Land UseResidential
Legal DescriptionWOODBINE EST; TR 35; ACRES 6.41
Census Tract000100
Assessment Year2025

About this property

Nestled on more than 6 picturesque acres in desirable Woodbine Estates, this charming ranch-style home offers the perfect blend of privacy, comfort, and country living. The beautifully appointed acreage features rolling hills, scattered mature trees, and a park-like setting that creates a peaceful retreat from the hustle and bustle of city life. Inside, you’ll find a welcoming open-concept floor plan highlighted by a spacious living area with a cozy wood-burning fireplace, perfect for gathering with family and friends. The kitchen offers abundant oak cabinetry, a convenient breakfast bar, and plenty of workspace for everyday living and entertaining. Two generously sized bedrooms, one and a half bathrooms, and a large bonus room provide flexible living options. The bonus room could easily serve as a game room, second living area, home office, hobby room, or even an additional bedroom. Step outside to enjoy the large fenced backyard, ideal for pets, gardening, or outdoor entertaining. Additional improvements include a storage building and covered carport to protect vehicles and equipment. Whether you’re searching for a country retreat, a small ranchette, a garden paradise, or simply a peaceful place to call home, this exceptional property offers endless possibilities and the serenity of country living just minutes from town.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$0Estimated Mortgage Balance
$376,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

MISTY SCHMITZ

TIERRA REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$807
$296,595
2025
N/A
N/A
$372,408
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$807
$296,595

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,000
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
4.5%

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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450 Woodbine Estates Rd | Property Details | No Agent List