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Owner Contacts

$332,000

608 Ritchey Street, Gainesville, TX, 76240

Pending

4 Beds

3 Bath

2,396 Sq Ft

Single Family Residence

$138.56 / sqft

Built in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms 3

AppliancesDishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater

Exterior

Lot Size7,806 sqft

Land Information

APN11939

Lot Number6

SubdivisionRobertson Addn #2

Land UseVacant Land

Legal DescriptionROBERTSON ADDN #2; BLOCK 1; LOT 6

Census Tract000600

Assessed Land Value$31,766

Assessment Year2025

About this property

*New Build Semi-Custom Home- No HOA* USDA Qualified! Welcome to your dream home in a charming and growing small town community. This stunning 4 bedroom, 2.5-bathroom home combines modern style with thoughtful details designed for today's lifestyle. Step inside to an open-concept floor plan filled with natural light and decorative lighting that highlights each space. The spacious kitchen offers high quality finishes, ample storage, and a central island perfect for family gatherings and entertaining. The primary room is downstairs with a beautiful master bathroom, while the tree additional bedrooms are upstairs. In addition, this home offers an office downstairs and a bonus room upstairs. Enjoy the convenience of no HOA restrictions giving you the freedom to truly make this home your own. Located in a small but thriving town, you'll experience the perfect blend of peaceful living with easy access to local shops, schools, and future growth opportunities.

Investor Tools

$0Estimated Mortgage Balance

$31,766Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,992 /month

Positive

Cash Flow Estimate:

$664 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$63/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$602

$31,766

2025

$31,766

N/A

$31,766

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$602

$31,766

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$31,766

100%

$0/mo

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.

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