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$513,000

NAL Estimated Property Value

7474 Fm 2071, Gainesville, TX, 76240

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,571 Sq Ft
price_per_sqft$391.41 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Storage
Lot Size1 acre

Building Information

Year Built2018
Roof Type105
Garage Spaces2

Land Information

APN5083
SubdivisionWorley J
Land UseResidential
Legal DescriptionWORLEY J 1137 ACRES 1.0
Census Tract000900
Assessed Land Value$52,060
Assessed Improvement Value$341,904
Assessment Year2025

About this property

This modern home sits on about 9.5 wooded acres with a large pond and perimeter no-climb fencing. The acreage is ag exempt due to the bee hives (which the owner will leave) that produce honey in addition to providing a tax break! Approx 2.5 acres are cross fenced for dogs to have room to play near the home. The house itself is a nearly new, custom home. The first floor is open, with a beautiful wood ceiling, stone fireplace and stunning picture windows overlooking the back of the property. The kitchen features a gas GE range, granite counters, and a walk-in pantry. The guest bedroom has a Murphy bed that can be stowed away when not in use and an en suite bathroom with shower. The gas tankless water heater ensures no one gets a cold shower! The second floor is dedicated to the owners’ suite with a walk in closet, bathroom with walk in shower, and a hidden room behind a bookcase! A heated lap pool with cover rounds out this truly private and magnificent property.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$0Estimated Mortgage Balance
$513,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,689 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,292
$393,964
2025
$52,060
$341,904
$393,964
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,292
$393,964

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$513,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
N/A
+$1,050/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.

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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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7474 Fm 2071 | Property Details | No Agent List