Gainesville, TX 76240
$449,500List Price
$3,615 Est. Mo. Payment
For a given home price of $449,500, the monthly mortgage is computed using a 5% down payment ($22,475) and a 7.5% annual interest rate, spread over 360 payments.
3
2
2
1,752ft2

Colby Meals

eXp Realty LLC

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Gainesville
  • Price Comparison
    $15,975 higher
  • Home Size
    132 sq. ft. smaller
  • Built in 1973
    Older than 69% of homes in Gainesville
  • Gainesville Snapshot
    224 active listings
    60% have 3 bedrooms
    • Typical 3 bedroom size: 1884 sq. ft.
    • Typical 3 bedroom price: $433,524

Description

UNBELIEVABLE INCOME POTENTIAL – A RARE FIND! Located just 8 minutes from WinStar Casino, NCTC college and downtown Gainesville, this updated property offers not only a beautiful 3-bed, 2-bath home on 2.41 acres, but also incredible investment opportunities. The separate 850 sq ft apartment is ideal for Airbnb or long-term rental income. It sits inside a massive 2,400 sq ft shop—perfect for hobbies, business use, RV or boat storage, or extra workspace. The shop includes built-in shelving, a huge workbench, running water, and a decked roof with custom stairs for ample storage. A full-sized tennis and basketball court adds to the property's appeal for active families or guest use—perfect for entertaining or attracting renters. Enjoy the bounty from two mature pecan trees, which produce enough to keep and sell. The main home features new flooring, fresh paint, kitchen upgrades, and a peaceful setting. Relax on the shaded back porch, overlooking a serene pond and wildlife. Whether you're seeking cash flow, a guest space, office, or simply country living with extra perks—this property delivers. Opportunities like this don’t last—schedule your showing today!

MLS Listing ID

20933875

Listed By

Colby Meals
903-289-5005
eXp Realty LLC

Map

High School
Gainesvill
Elementary School
Edison
High School District
Gainesville ISD
Tax Annual Amount
3552
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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Estimated Monthly Payment

$3,615

Loan Amount

$427,025

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. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Microwave
  • Dishwasher
  • Electric Water Heater
  • Electric Oven
  • Double Oven
  • Electric Cooktop

Laundry

Laundry Features

  • Laundry in Utility Room
  • Electric Dryer Hookup
  • Washer Hookup

Highlights

Interior Features

  • High Speed Internet
  • Paneling/Wainscoting
  • Decorative/Designer Lighting Fixtures

Roof

  • Composition

Sewer

  • Public Sewer
  • Septic Tank

Levels

  • One

Cooling

  • Electric
  • Ceiling Fan(s)
  • Central Air
Garage Spaces
2
Lot Size Acres
2.41
Parcel Number
27284

Pool Features

  • None
Property Type
Residential
Covered Spaces
2

Window Features

  • Window Coverings

Parking Features

  • Driveway
  • Garage
  • Covered
  • Garage Faces Rear
  • Garage Door Opener
Property Sub Type
Single Family Residence
Attached Garage

Exterior Features

  • Tennis Court(s)

Patio And Porch Features

  • Covered
Virtual Tour
Validating link...

Flooring

  • Luxury Vinyl Plank
Year Built
1973

Foundation Details

  • Slab

Architectural Style

  • Ranch
  • Detached

Construction Materials

  • Brick

Heating

  • Central
  • Electric
Heating

Utilities

  • Water Available
  • Sewer Available
  • Septic Available