Gainesville, TX 76240
$125,000List Price
$1,042 Est. Mo. Payment
For a given home price of $125,000, the monthly mortgage is computed using a 5% down payment ($6,250) and a 7.5% annual interest rate, spread over 360 payments.
2
1
0
784ft2

Status

Available

Description

Discover a prime investment opportunity on this expansive corner lot, ideally situated for any investor looking to capitalize on the property's potential. This versatile parcel is zoned single-family or multi-family use, making it perfect for those looking to rent out the existing 2-bedroom, 1-bath home or to develop new multi-family residences. The current home, sold as-is, offers a solid foundation for immediate rental income or renovation to maximize its value. With plenty of outdoor space and easy access to local amenities, this property is a blank canvas for your investment vision. Don't miss out on this rare chance to transform a desirable location into a lucrative multi-family development. Explore the possibilities today!

MLS Listing ID

20762582

Listed By

Kayra Morgan
940-336-4663
Real Estate Shoppe TX, LLC

Map

High School
Gainesvill
Elementary School
Edison
High School District
Gainesville ISD
Tax Annual Amount
1431
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$1,042

Loan Amount

$118,750

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1

Laundry

Laundry Features

  • Gas Dryer Hookup
  • Electric Dryer Hookup

Highlights

Interior Features

  • Other

Roof

  • Metal
  • Composition

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Central Air
  • Electric
  • Ceiling Fan(s)

Fencing

  • Wire
Lot Size Acres
0.172
Parcel Number
12272

Pool Features

  • None
Property Type
Residential

Parking Features

  • Driveway
Property Sub Type
Single Family Residence

Exterior Features

  • Storage

Community Features

  • Curbs

Accessibility Features

  • Accessible Full Bath

Patio And Porch Features

  • Front Porch
Virtual Tour
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Flooring

  • Linoleum
  • Carpet
Year Built
1930

Foundation Details

  • Other
  • Pillar/Post/Pier

Architectural Style

  • Detached
  • Traditional

Construction Materials

  • Frame

Heating

  • Natural Gas
  • Central
Heating

Utilities

  • Water Available
  • Sewer Available
  • Natural Gas Available
  • Cable Available
Questions?
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