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B+
NoAgentList RatingHow are grades calculated?Info
Days64Days on Market
Views1view
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$328,500

508 Straws Mill Rd, Gatesville, TX, 76528

$338,591 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.93 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Refrigerator, Range Hood
FlooringCarpet, Laminate

Exterior

Lot Size11,413 sqft

Building Information

Year Built1980
Roof Type105

Land Information

APN0-03-87-0000
Land UseResidential
Legal Description0008 A AROCHA, ACRES .262
Census Tract010400
Assessed Land Value$15,720
Assessed Improvement Value$267,700
Assessment Year2025

About this property

Talk about a rare find! Check out this FOUR bedroom, THREE bathroom brick home in a great location just a just a short walk from the Gatesville Country Club. This spacious home is perfect for families seeking both comfort and convenience. With 2,080 sq. ft. of well-designed living space on a generous quarter-acre lot, this property provides ample room for everyone to grow and thrive. Step inside to find a warm and welcoming living room featuring a classic brick fireplace, ideal for cozy evenings. The well-designed kitchen boasts elegant granite countertops, a central island with breakfast bar, and ample cabinet space, making it a culinary haven for both everyday meals and entertaining. The private master suite offers a serene retreat with its own ensuite bathroom, while three additional guest bedrooms are thoughtfully located on the opposite side of the home. One guest bedroom includes its own private bathroom, and the remaining two share a convenient hallway bathroom. Outside, enjoy the tranquility of a fully fenced backyard, complete with a covered patio perfect for outdoor dining and relaxation. A standout feature of this property is the detached workshop/storage building, offering approximately 400 sq. ft. of versatile space. This building is equipped with electricity, sits on a concrete slab, and includes a roll-up garage door for easy access to store your golf cart, lawn mower, and more. Don’t miss this opportunity to own a home that combines comfort, convenience, and practicality in a desirable location. Schedule your visit today and experience all that this wonderful property has to offer!

Investor Tools

$252,384Estimated Mortgage Balance
$86,616Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$338,590
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

Interested in this property?

Lute Sullins

Tejas Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,739
$283,420
2025
$15,720
$267,700
$283,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,739
$283,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$274,826
No
First
Jan 6, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,384
$86,616
25%
74%
$1,648/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Gatesville

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508 Straws Mill Rd | Property Details | No Agent List