
$303,103
NAL Estimated Property Value916 S Rusk St, Gainesville, TX, 76240
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INVESTMENT SPECIAL!! PROPERTY SOLD AS IS, NO REPAIRS BEING DONE. CASH or CONVENTIONAL ONLY! Home has newer AC unit and water heater. Home has a significant amount of potential, with spacious living areas and nice kitchen space. Has great curb appeal on a corner lot, and is in the historical district of Gainesville. Great location close to schools and easy access to freeway. Home is vacant, and can close quickly, would be the perfect home for fix and flip or buy and hold! Significant equity opportunity for a owner occupant with sweat equity, but must be a cash, hard money, or conventional purchase because of current condition.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gainesville
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