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$807,370

801 N Grand Avenue, Gainesville, TX, 76240

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths6,324 Sq Ft
OfficeOffice
Year BuiltBuilt in 1986

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTerrazzo

Exterior

Lot Size20,251 sqft

Building Information

Year Built1986

Land Information

APN7640
Lot Number1,4,5
SubdivisionWoodsmith
Land UseCommercial
Legal DescriptionWOODSMITH; BLOCK 7; LOT 1, 4 & 5
Census Tract000500
Assessed Land Value$267,300
Assessed Improvement Value$540,070
Assessment Year2025

About this property

Opening bid starts at $450,000 for this Multiple Use Medical Center Located in A HIGH Traffic location within an hours drive to the DFW area. Property could easily be split into two businesses and offers a wide variety of uses. Tons of paved parking. All bids must be submitted by NOVEMBER 10th 3PM. Please call or text Misty at 940-736-0548 for bidding package, additional details, and showings.

Investor Tools

Property Icon
$807,370
Estimated Property Value
$0Estimated Mortgage Balance
$807,370Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,844 /month
Positive
Cash Flow Estimate:
$1,615 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,300
$807,370
2025
$267,300
$540,070
$807,370
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,300
$807,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$807,370
100%
0%
$0/mo

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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801 N Grand Avenue | Property Details | No Agent List