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$182,000

511 N Culberson Street, Gainesville, TX, 76240

$192,967 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.48 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Lot Size8,790 sqft

Building Information

Year Built1930
Roof Type112

Land Information

APN9934
Lot Number4,5
SubdivisionHahn
Land UseResidential
Legal DescriptionHAHN; BLOCK 10; LOT 4 & 5
Census Tract000400
Assessed Land Value$39,472
Assessed Improvement Value$253,883
Assessment Year2025

About this property

Adorable dollhouse in the historic Gainesville! Enjoy peace and serenity on a quarter acre corner lot. Character pours out of this home with original hardwood flooring, shiplap walls, and more! Inside the spacious plan you will find 4 bedrooms, 3 full baths, and spacious living area. Upgrades throughout include renovated kitchen with white shaker cabinetry, granite counters, and SS appliances. All baths updated with walk-in showers and new vanities. Enjoy morning coffee on the private front balcony, or grill out on the covered patio overlooking the HUGE yard! Home is truly move in ready with new roof, insulation in walls & under house, new windows, & privacy fence!

Investor Tools

Property Icon
$291,666
Estimated Property Value
$0Estimated Mortgage Balance
$143,121Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$192,966
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,750 /month
Positive
Cash Flow Estimate:
$583 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,167
$291,666
2025
$39,472
$253,883
$293,355
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,167
$291,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$175,757
No
First
Sep 4, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,545
$143,121
49%
51%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,054/mo
+$366/mo
5.8%

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: Gainesville

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511 N Culberson Street | Property Details | No Agent List