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$673,000

$688,000

711 County Road 162, Gainesville, TX, 76240

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths2,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.59 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Double Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size1 acre

Building Information

Year Built1983
Roof Type105
Garage Spaces3

Land Information

APN22325
SubdivisionRandolph Jm
Land UseResidential
Legal DescriptionRANDOLPH JM 0868 ACRES 1.0
Census Tract000100
Assessment Year2025

About this property

Seller is offering $10,000 in concessions, which can be applied toward buyer’s closing cost with an acceptable offer. Welcome to this beautifully updated single-story home featuring 5 bedrooms, 3 baths, formal dining, two primary suites, and a workshop, all situated on 10.04 acres. This bright, open-concept floor plan offers split bedrooms and an abundance of natural light throughout. One of the primary suites features its own private entrance, offering convenient and flexible access. The chef’s kitchen provides generous counter and cabinet space, complemented by a large island, bright white palette, and thoughtful upgrades including sleek quartz countertops. The dining area flows seamlessly into the kitchen, creating a warm, light-filled setting with sliding doors that lead to the backyard oasis an ideal layout for gatherings, entertaining, and hosting. Step outside to a backyard retreat designed for enjoyment year round, featuring a pergola, above ground pool, and ample grilling space, surrounded by mature trees. The property also offers a charming setting suitable for a small outdoor wedding or intimate family gatherings. This home boasts an impressive list of renovations and updates, including a new roof, flooring, water heater, reconfigured primary suite with a luxurious bath, open layout, fully renovated kitchen including bathrooms, and fresh interior paint. Beautifully curated spaces throughout offer the perfect blend of comfort, style, and country living. An outdoor workshop with electricity provides excellent storage or workspace and also doubles as a one car garage.

Investor Tools

$0Estimated Mortgage Balance
$688,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,128 /month
Positive
Cash Flow Estimate:
$1,376 /month

Interested in this property?

Paula Bradley

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,203
$284,280
2025
N/A
N/A
$298,354
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,203
$284,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$723,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
2.5%

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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711 County Road 162 | Property Details | No Agent List