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$152,281

NAL Estimated Property Value

605 N Denton Street, Gainesville, TX, 76240

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths949 Sq Ft
price_per_sqft$157.96 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Lot Size8,250 sqft

Building Information

Year Built1940
Roof Type105

Land Information

APN14118
Lot Number5
SubdivisionScott Addn
Land UseResidential
Legal DescriptionSCOTT ADDN; BLOCK 13; LOT 5
Census Tract000500
Assessed Land Value$37,043
Assessed Improvement Value$115,238
Assessment Year2025

About this property

Charming HOME built in 1940 on a huge city lot with a few trees! Step into this home and talk about charm! This 2 bedroom, 1 bath home has a lot of potential for a home owner or for an investor! Large laundry room! Don't miss out on this opportunity! Make this HOME yours! Only minutes from downtown that offers so many shops and restaurants! Also within minutes from to I-35, and Winstar World Casino & Hotel!

Investor Tools

Property Icon
$152,281
Estimated Property Value
$110,997Estimated Mortgage Balance
$41,284Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$914 /month
Positive
Cash Flow Estimate:
$305 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,886
$152,281
2025
$37,043
$115,238
$152,281
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,886
$152,281

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$114,400
No
First
Sep 9, 2024
Oct 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,997
$41,284
27%
73%
$686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$686/mo
+$364/mo
8.3%

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: Gainesville

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605 N Denton Street | Property Details | No Agent List