Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$258,174

NAL Estimated Property Value

708 Line Drive, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,567 Sq Ft
price_per_sqft$172.24 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater
FlooringTile

Exterior

Exterior FeaturesStorage
Lot Size11,822 sqft

Building Information

Year Built1959
Roof Type105
Garage Spaces2

Land Information

APN13511
Lot Number8
SubdivisionJoy Acres
Land UseResidential
Legal DescriptionJOY ACRES; BLOCK 11; LOT 8
Census Tract001100
Assessed Land Value$47,556
Assessed Improvement Value$210,618
Assessment Year2025

About this property

Beautifully updated 3 bed 2 bath brick home on a large corner lot in the desirable Joy Acres Addition. Open floor plan with kitchen opening to dining and living areas. Kitchen features ample cabinet space, a breakfast bar, new granite countertops, dishwasher, electric wall oven, brand new 5-burner gas cooktop, and stainless undermount sink. New LVP flooring throughout; bathrooms feature new tile flooring and new fixtures. Large master bedroom includes ensuite bath. Brand new 30-year roof, and all new paint inside and out, including garage interior. Oversize two car garage has garage door opener and a large walk-in closet. Home features central air with gas furnace and programmable thermostat. Fully fenced back yard features an 10' x 15' electrified workshop with work bench. Additional 8' x 18' storage shed holds all your lawn equipment. Covered back patio with sliding glass door entrance to family game room make for easy entertaining.

Investor Tools

Property Icon
$258,174
Estimated Property Value
$315,884Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,892
$258,174
2025
$47,556
$210,618
$258,174
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,892
$258,174

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Fha
$260,200
Yes
First
Aug 16, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,884
N/A
0%
122%
$2,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$2,027/mo
$-607/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...