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$288,000

725 S Grand Avenue, Gainesville, TX, 76240

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,100 sqft

Building Information

Year Built1989
Roof Type112
Garage Spaces2

Land Information

APN20312
SubdivisionGainesville Addn
Land UseResidential
Legal DescriptionGAINESVILLE ADDN; BLOCK 121; TR 9
Census Tract001100
Assessed Land Value$37,037
Assessed Improvement Value$241,460
Assessment Year2025

About this property

3 bedroom, 2 bath house on corner lot in a great neighborhood. This house features a kitchen open to the dining area and large living area. There is also a second large living area - 24' x 25' - that would be ideal for an entertainment room. The side entry driveway leads to ample parking space. Also, a 16' x 22' storage building provides plenty of room for a workshop or for those items that do not need to be taking up space in the house.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,273
$278,497
2025
$37,037
$241,460
$278,497
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,273
$278,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Muenstar State Bank
Unknown
$51,150
No
First
Jul 5, 2012
Jul 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,846
$253,154
87%
12%
$307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$307/mo
+$1,113/mo
5.9%

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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725 S Grand Avenue | Property Details | No Agent List