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$214,000

820 S Lindsay Street, Gainesville, TX, 76240

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.28 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size19,798 sqft

Building Information

Year Built1927
Roof Type105
Garage Spaces1

Land Information

APN8982
Lot Number2
SubdivisionLindsay Addn
Land UseResidential
Legal DescriptionLINDSAY ADDN; BLOCK 43; LOT 2
Census Tract001100
Assessed Land Value$37,092
Assessed Improvement Value$164,545
Assessment Year2025

About this property

A friendly, older home waiting for you to recognize its charm and enjoy the generosity of spacious rooms!! Extra-large living room with fireplace, bright sunny kitchen with lots of windows, dining room, big bedrooms. Lots of yard for the kids and the dog. Plenty of room for a garden. Nice big covered porch. Deck out back. Old fashioned price at $118,000

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$80,840Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,822
$201,637
2025
$37,092
$164,545
$201,637
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,822
$201,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$145,000
No
First
Jan 19, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,160
$80,840
37%
62%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$870/mo
+$180/mo
5.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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820 S Lindsay Street | Property Details | No Agent List