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Days59Days on Market
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$455,000

585 Fm 2412, Gatesville, TX, 76528

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,054 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.52 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Oven, Cooktop
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size43.08 acres

Building Information

Year Built1895
Roof Type112
Garage Spaces2

Land Information

APN0-57-51-5500
Land UseResidential
Legal Description0914 B D SMITH, ACRES 43.075
Census Tract010101
Assessed Land Value$12,180
Assessed Improvement Value$162,270
Assessment Year2025

About this property

Check out this beautiful 3-bedroom, 2-bathroom home offering 2,054 square feet of living space on 4 scenic acres just outside of Gatesville. This property is the perfect blend of modern updates and peaceful country living. Inside, you’ll find a fully refreshed interior featuring new flooring, fresh paint, amazing color selections, and newly remodeled bathrooms. The kitchen has been fabulously redone with brand-new appliances while still keeping its original brick accents—adding warmth and character you just can’t replicate. Additional upgrades include updated plumbing, with a brand-new roof coming soon—giving you peace of mind and move-in-ready comfort. The exterior has also been updated with fresh paint, adding to the home’s clean, modern feel and curb appeal. Step outside to enjoy 4 acres of gorgeous land with mature trees, a new fence, and a barn that provides excellent space for storage, projects, or animals. The property also features a covered RV hookup area, adding convenience for guests or visitors. The home also includes a 2-car garage with extra storage space, giving you plenty of room for vehicles, tools, or hobbies. The location truly can’t be beat—enjoy quiet country living while still being just minutes from town. Conveniently located less than 5 minutes from Coryell Health, the Gatesville square, and HEB, you get the best of both worlds.

Investor Tools

$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

Interested in this property?

Sara Brown

Dixon Realty Team|KW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$518
$174,450
2025
$12,180
$162,270
$536,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$518
$174,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/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.

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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585 Fm 2412 | Property Details | No Agent List