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$1,277,723

NAL Estimated Property Value

935 S Dixon St, Gainesville, TX, 76240

Off MarketInfo
Beds— Beds
Baths— Bath
Baths14,686 Sq Ft
price_per_sqft$87 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Lot Size1.83 acres

Land Information

APN23648 01
SubdivisionGainesville Addn
Land UseApartment
Legal DescriptionGAINESVILLE ADDN; BLOCK 107; TR 3 - SHADOWOOD APTS TR 3 - SHADOWOOD APTS
Census Tract001100
Assessed Land Value$37,436
Assessed Improvement Value$1,240,287
Assessment Year2024

About this property

Welcome to this exceptional 38-unit multifamily community located in the heart of Gainesville, Texas. This well maintained property offers a rare investment opportunity with strong occupancy and a stable income. Situated on a spacious lot in a quiet, residential neighborhood, the complex features a mix of one to three bedroom units, thoughtfully designed for comfortable living. Select units have been recently updated with modern finishes, offering immediate appeal to tenants and upside potential for investors. The property includes an onsite laundry facility and is within close proximity to local schools, shopping and dining. Whether you're expanding your portfolio or entering the multifamily space, this Gainesville asset presents a compelling blend of cash flow and future growth potential. Listed under appraised value!

Investor Tools

Property Icon
$1,277,723
Estimated Property Value
$0Estimated Mortgage Balance
$1,277,723Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,700 /month
Positive
Cash Flow Estimate:
$5,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,214
$1,277,723
2024
$37,436
$1,240,287
$1,277,723
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,214
$1,277,723

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,277,723
100%
0%
$0/mo

City: Gainesville

935 S Dixon St | Property Details | No Agent List