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$157,133

916 N Morris St, Gainesville, TX, 76240

$204,273 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.11 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size9,361 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces4

Land Information

APN17985
Lot Number11
SubdivisionWoodsmith
Land UseResidential
Legal DescriptionWOODSMITH; BLOCK 9; LOT 11
Census Tract000500
Assessed Land Value$38,095
Assessed Improvement Value$119,038
Assessment Year2025

About this property

This home is simply waiting for you! The three bedroom, two bath home as a welcoming living area and cute kitchen perfect for a friends night or a simple night at home. With a nice backyard to call your own, this is the place you've been looking for!

Investor Tools

Property Icon
$157,133
Estimated Property Value
$0Estimated Mortgage Balance
$157,133Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$204,273
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,978
$157,133
2025
$38,095
$119,038
$157,133
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,978
$157,133

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$157,133
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
10.8%

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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916 N Morris St | Property Details | No Agent List