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$220,000

NAL Estimated Property Value

6634 Fm 183, Gatesville, TX, 76528

$286,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.04 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Gas Water Heater, Refrigerator, Water Heater, Microwave, Range
FlooringLaminate, Wood

Building Information

Garage Spaces1

About this property

Welcome home to 6634 FM 183, a character-rich 3-bedroom, 1.5-bath treasure nestled on 2.31 serene acres in the heart of Pearl, an unincorporated community just outside Gatesville, TX. From the moment you arrive, you’re greeted by a beautifully unique stone façade and covered porches that wrap around the front, side, and back—perfect spots to sip sweet tea or unwind with sunset views of the open countryside. Step inside and you’ll find a cozy living room anchored by a wood-burning fireplace—just waiting for marshmallow roasts or chilly night chats. Historic French doors lead into a dedicated dining room, which opens to a spacious kitchen adorned with charming cabinetry and plenty of prep space. Tucked off the kitchen is a mudroom-turned-coffee nook, along with a large utility room and pantry combo that gives you all the practical storage you could want. Down the hall, you’ll love the original built-in shelving—perfect for showing off books, plants, or vintage Texas finds. The full bathroom has been stylishly updated with a large vanity, fresh toilet, and a relaxing tub/shower combo, while the half bath is conveniently located in the primary suite for extra privacy. Here’s the kicker: This home isn’t just cute—it’s functional and upgraded. In the last few years, it’s seen major improvements including updated plumbing & electrical, new insulation in attic, 2 year old roof and 3 year old HVAC. The property also features a detached 1 car garage, older barn for equipment storage/livestock shelter, chicken coop, garden and covered patio and grilling area. Whether you're downsizing, craving a slower pace, or buying your first slice of Texas paradise, this lovingly maintained, character-filled cottage is the perfect mix of cozy comfort and country living. Call today to take a look!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$286,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

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: Gatesville

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6634 Fm 183 | Property Details | No Agent List