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$319,000

4808 S State Highway 36 # A, Gatesville, TX, 76528

On MarketInfo

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size8.74 acres

Land Information

APN0-93-48-0650
Lot Number4
SubdivisionNewman Add
Land UseRural Land, Non Qualified Open Space
Legal DescriptionNEWMAN ADDITION, BLOCK 1, LOT 4, ACRES 8.74
Census Tract010400
Assessed Land Value$132,380
Assessment Year2025

About this property

Price Improvement! Offered at over 100k lower than nearby comparable properties. PRIME opportunity for Business Commercial development project! Per Fort Gates Water, up to 10 water meters available, City of Gatesville Sewer Tap available and overhead power nearby! DREAM BIG---RV park, business/office park, retail, food, automotive, personal construction and grazing and so much more! Direct access off of State Hwy 36. The 8.8 acres has a stock tank, good grazing, seasonal pond, and an old water well on the property that could be a great asset with some work. It's fully fenced with a gate and access directly of Hwy 36! Disclaimer: A part of the Middle Trinity Groundwater Conservation District. Sq. footage provided by the Coryell Co. Appraisal Dist., NOT the Listing Broker/Agents. Measurements & taxes are approximate. Buyer should verify all info including utility availability.

Investor Tools

$202,338Estimated Mortgage Balance
$132,380Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Kristi Roberts

On Point Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,914
$132,380
2025
$132,380
N/A
$132,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,914
$132,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Extraco Banks Na
Purchase Money Mortgage
$213,750
No
First
Jun 23, 2023
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,338
N/A
0%
153%
$1,282/mo

City: Gatesville

4808 S State Highway 36 # A | Property Details | No Agent List