
$106,000
NAL Estimated Property Value511 Saunders St, Gatesville, TX, 76528
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About this property
If you're looking for a fixer-upper with character, space, and location, this one checks all the boxes. Built in 1955, this 2-bedroom, 2-bathroom rock home sits on a generous 1.72-acre lot in historic downtown Gatesville—just a short walk to the Coryell County Courthouse and local shops. The bones are solid, and several major updates are already complete: new roof, double-pane windows, updated electrical wiring, and new exterior siding. Inside, the home still needs remodeling work, giving you a blank canvas to bring your vision to life. The lot itself is a standout—sloping gently down to a seasonal creek at the back, with mature trees offering shade and privacy. There’s also an older two-car garage on-site, which could be reworked or removed to make room for larger garage/shop building or additional parking. Whether you're dreaming of a cozy homestead or eyeing a potential commercial use—like an office for a CPA, attorney, or small business—this property offers flexibility in one of Gatesville’s most walkable locations. Homes on large lots like this, especially in-town, are getting harder to find. Don’t miss your chance to create something special right here in Gatesville.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gatesville
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