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$593,000

476 County Road 260, Gainesville, TX, 76240

SoldInfo
6/09/26
Beds4 Beds
Baths3 Bath
Baths3,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.62 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built1995
Roof Type105
Garage Spaces2

Land Information

APN31396
Lot Number1
SubdivisionRed Oaks 2
Land UseResidential
Legal DescriptionRED OAKS 2; LOT 1; ACRES 1.0
Census Tract001100
Assessment Year2025

About this property

Welcome to country living with modern convenience at 476 CR 260 in Gainesville, Texas. This beautifully situated home offers 4 spacious bedrooms and 2.5 baths, designed for comfort and everyday living. The private primary suite features his-and-hers closets, creating a true retreat. The heart of the home is the large living room with a gas fireplace, perfectly positioned just off the kitchen for easy entertaining. The kitchen includes a walk-in pantry, while a dedicated laundry room adds functionality and storage. Set on 2.54 acres, the property is ideal for those seeking space and versatility. A barn with electric and water is ready for livestock or hobby animals, and a separate shop provides the perfect place for projects, storage, or tinkering. A concrete driveway leads to a spacious two-car garage, offering convenience and curb appeal. Located in an established neighborhood, this gorgeous setting offers peaceful country living while remaining close to town, shopping, and everyday conveniences—the perfect place for your family to grow.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$0Estimated Mortgage Balance
$593,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,727
$499,767
2025
N/A
N/A
$519,520
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,727
$499,767

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
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
2.9%

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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476 County Road 260 | Property Details | No Agent List