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$197,000

811 Thompson St, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.03 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Simulated Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,001 sqft

Building Information

Year Built2007
Roof Type105

Land Information

APN84502
Lot Number8
SubdivisionPeery Addn
Land UseResidential
Legal DescriptionPEERY ADDN; BLOCK 23; LOT 8; ACRES .1148
Census Tract000400
Assessed Land Value$22,450
Assessed Improvement Value$139,763
Assessment Year2025

About this property

A thoughtfully renovated 3-bedroom, 2-bathroom corner-lot home. Step inside to find fresh interior paint, new flooring throughout, updated hardware, and a fully modern kitchen complete with stainless steel appliances—including a stove, dishwasher, and refrigerator. Both bathrooms have been beautifully updated, and major big-ticket items like a brand-new AC unit and new water heater give you total peace of mind. Outside, fresh exterior paint and new roof deliver curb appeal from the moment you arrive. Perfectly located with seamless access to Highways 35 and 82, this turn-key home is completely ready for its next owner. All that’s left to do is move in, settle in, and start making memories!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

Oscar Meza

Unistar Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,074
$162,213
2025
$22,450
$139,763
$162,213
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,074
$162,213

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
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
6.8%

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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811 Thompson St | Property Details | No Agent List