B+

NoAgentList RatingHow are grades calculated?

106Days on Market

1view

$799,000

9120 Fm 1201, Gainesville, TX, 76240

On Market

3 Beds

2 Bath

1,400 Sq Ft

Single Family Residence

$570.71 / sqft

Built in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesDock

Lot Size1.46 acres

Building Information

Year Built2006

Roof Type105

Land Information

APN16412

SubdivisionSadler H

Land UseResidential

Legal DescriptionSADLER H 0901 ACRES 1.46 LABEL# HWC0297376 SN1 CW2007168TXA TITLE # MH00524511

Census Tract000200

Assessed Land Value$674,430

Assessed Improvement Value$661,887

Assessment Year2025

About this property

9102 Fm 1201 - Moss Lake Waterfront Retreat. Experience the best of the lake lving on this stunning 1.46 - acre waterfront property with over 400 feet of shoreline on BEAUTIFUL Moss Lake. This 3 bedroom, 2-bath home offers the perfect blend of privacy, views and recreation. Private water well. Step outside to a true outdoor paradise featuring a two-story boat dock with two boat slips, a dedicated swim dock and an expansive upper deck- the ideal spot to unwind and take in those Moss Lake Sunsets. The property showcases a park-like setting with mature Pecan Trees, wide open green space, and breathtaking water views from your back porch. Whether you're enjoying quite mornings with coffee or hosting family and friends for a lake weekend, this setting delivers. A unique modified Silo - adding character and functionality to this one-of-a-kind property. If you're looking for exceptional waterfront with space, views, and versatility, this Moss Lake gem is ready to welcome you home.

Investor Tools

$791,000

Estimated Property Value

$350,000Estimated Mortgage Balance

$467,961Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,794 /month

Positive

Cash Flow Estimate:

$1,598 /month

Interested in this property?

Kim McConnell

The Real Estate Station- Saint Jo

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$745/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,988

$532,550

2025

$674,430

$661,887

$1,336,317

Yes (2024)

Tax History

Year

Tax Paid

Assessed Value

2024

$4,988

$532,550

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First State Bank

Conventional

$350,000

First

Mar 3, 2022

Apr 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,173

$565,827

63%

41%

$1,747/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,420/mo

$1,747/mo

$-327/mo

2.2%

Learn About the Market: Opportunity in Texas

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 This Area