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$349,020

1546 Burns City Road, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,039 Sq Ft
price_per_sqft$112.75 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size19,863 sqft

Building Information

Year Built1968
Roof Type105
Garage Spaces2

Land Information

APN10147
SubdivisionBrown Wc
Land UseResidential
Legal DescriptionBROWN WC 0103 ACRES .456
Census Tract001100
Assessed Land Value$57,848
Assessed Improvement Value$291,172
Assessment Year2025

About this property

JUST OUTSIDE OF TOWN!!!*FABULOUS 1 STORY 2 LIVING, 2 DINING with IN-GROUND POOL on a .48 ACRE beautifully Landscaped mature OAK TREED LOT***Plus HUGE Slabbed Metal 30x20 OUT BUILDING with lights & Electric!!!!***Aprox 30 minutes from Lake Texoma with fabulous Fishing opportunities!*Short drive to Downtown & minutes to I-35*Beautiful CARPET FREE HOME with Large Eat-in Country Kitchen,under cabinet lighting,Double Ovens,new Microwave & additional 2nd Dining*Spacious Family with Brick W-B Fireplace,French Doors,2nd Living-optional Gameroom,Children's Retreat or Study with Built-In Desk & Shelves*Over sized Bedrooms with Lrg Master*Front Circular Drive,2018 New Pool Pump,lrg back Patio,interior Pool views & more!!

Investor Tools

Property Icon
$349,020
Estimated Property Value
$0Estimated Mortgage Balance
$150,809Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,403
$349,020
2025
$57,848
$291,172
$349,020
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,403
$349,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$229,308
No
First
Jul 3, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,211
$150,809
43%
57%
$1,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,375/mo
+$45/mo
4.9%

Learn About the Market: Opportunity in Texas

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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.

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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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1546 Burns City Road | Property Details | No Agent List