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$349,000

524 Jrc Road, Gainesville, TX, 76240

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11 acres

Land Information

APN313816
SubdivisionBailey Acc
Land UseAgriculture / Farming
Legal DescriptionBAILEY ACC 0044 ACRES 11.0 OAK CREEK RANCH EST PH 1 TR 18 UNREC
Census Tract000702
Assessed Land Value$1,738
Assessment Year2025

About this property

Discover the perfect blend of privacy, convenience, and natural beauty with this stunning 11-acre tract located in Oak Creek Ranchettes in Gainesville. Just 20 minutes from WinStar World Casino & Resort, 15 minutes from Lake Kiowa and Historic Downtown Gainesville. This beautiful property offers the ideal setting for your future dream home, weekend retreat, or investment opportunity. Enjoy the benefits of being outside city limits with no city taxes while currently maintaining agricultural valuation through beekeeping. The property features approximately 1.5-acre pond, gorgeous sloping terrain, and over 1,100 feet of road frontage, providing multiple potential build sites and excellent accessibility. Water lines have already been installed, and electric is available via easement from the neighboring property, helping simplify future development plans. Survey and deed restrictions are available upon request. Whether you are looking for peaceful country living, recreational land, or a homesite with scenic views and low carrying costs, this property offers endless potential in a highly desirable location.

Investor Tools

Property Icon
$1,738
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30
$1,738
2025
$1,738
N/A
$330,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$30
$1,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Unknown
$289,000
No
First
Apr 19, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,163
N/A
0%
16005%
$1,733/mo

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.

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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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524 Jrc Road | Property Details | No Agent List