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$649,000

78 Park Lane, Gainesville, TX, 76240

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$499.23 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Dock, Lighting, Private Yard
Lot Size15,708 sqft

Building Information

Year Built2019
Roof Type112
Garage Spaces3

Land Information

APN6074
Lot Number9
SubdivisionMoss Lake Est
Land UseResidential
Legal DescriptionMOSS LAKE EST; LOT 9; SEC A
Census Tract000200
Assessed Land Value$300,726
Assessed Improvement Value$331,416
Assessment Year2025

About this property

UNIQUE, one of a kind, fully furnished, MOSS LAKE property, a BONUS 1400 sqft boat dock with electric lift, 2nd level sun deck with a swimming area, plus .36 of an acre of land that the home sits on that is adjacent to the Moss Lake Estates Park, GORGEOUS views, amazing home... 3 level home, with lake views from every room. Built in 2019, with lake living in mind. Glass garage door that opens to the lake, with full bathroom, laundry room, parking or party area on base floor, 2nd floor is kitchen, main bedroom, full bath, living area, wood burning stove and a deck to die for. Third level is another bedroom, with loft area to accommodate more sleeping areas if needed. This very unique home and setting is worth the look, BOAT DOCK AND HOME included in listing, a very unique situation of having waterfront WITHOUT waterfront property taxes.The Park is adjacent to this property also giving you even more grass under your feet !!! An additional- 2 BEDROOM ADDITION can be finished out with lake views through 5 ft picture window, perfect for a lakeside retreat or guest quarters adding 320 sq ft to the home.

Investor Tools

Property Icon
$678,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,566Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,068 /month
Positive
Cash Flow Estimate:
$1,356 /month

Interested in this property?

Kim McConnell

The Real Estate Station- Saint Jo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,171
$632,142
2025
$300,726
$331,416
$632,142
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,171
$632,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dureau Family Holding
Unknown
$650,000
No
First
Jul 13, 2022
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$602,434
$75,566
11%
89%
$3,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$4,198/mo
$-3,148/mo
1.9%

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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