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$502,000

NAL Estimated Property Value

645 COUNTY RD 174, Gainesville, TX, 76240

$652,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.17 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5 acres

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APN158515
Lot Number10
SubdivisionLongview Estates
Land UseResidential
Legal DescriptionLONGVIEW ESTATES; LOT 10; ACRES 5.0
Census Tract000701
Assessed Land Value$188,000
Assessed Improvement Value$231,860
Assessment Year2025

About this property

Don't miss out on this rare property with your own personal retreat off the beaten path and near the end of a dead end road! This cute homestead that’s nestled in the trees has everything you need to be comfortable with a storm shelter, wood burning stove, propane tank, hookup for gas fireplace, generator hookup, garden plots, 10x16 side lofted storage shed workshop, large chicken coop, large divided goat pen! Whether it’s outside hosting friends, families. you’ll love the rock landscaped backyard HUGE firepit as well as a large screened in back porch for a relaxing time in conversation. There’s plenty of room to continue to build and play on to make it your own! It is a simply built home, NOT A MANUFACTURED HOME. New aerobic septic system installed Nov 2021 and Central Heat Air installed Sep 2018. Excludes:wireless access points, generator, washer dryer, deep freeze, flower pots, plant hooks, large outdoor fossils. Refrigerator, Security Cameras and NVR and Stove are negotiable.

Investor Tools

Property Icon
$502,000
Estimated Property Value
$176,071Estimated Mortgage Balance
$325,929Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$652,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,849
$401,590
2025
$188,000
$231,860
$419,860
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,849
$401,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$196,200
No
First
Jan 21, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,071
$325,929
64%
35%
$1,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,177/mo
+$243/mo
3.4%

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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645 COUNTY RD 174 | Property Details | No Agent List