NOT LISTED FOR SALE

1905 Rice Ave Gainesville, TX 76240

Estimated Value: $382,000 - $522,000

3 Beds
2.5 Baths
1,622 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 17, 2023

Current estimated payment $3,093/month

42 Days on Market

Highlights

  • Horses Allowed On Property
  • Covered Patio or Porch
  • Covered Deck
  • Vaulted Ceiling
  • Circular Driveway
  • Pasture

About This Home

As of March 2023

Two adorable homes on 4 plus acres in Gainesville city limits! Main house is charming with its big windows, open concept, vaulted ceilings, large country kitchen and wrap around covered porch. Sellers have done many updates including:professional foundation work*replace pipes with pex*vinyl flooring*fresh paint inside and out*new baseboards*new door and cabinet hardware*painted cabinets*new counter tops*added full second bath* all new windows, on demand water heater* horse fencing around and much more!! Second home is a small incoming producing rental with fresh paint* new metal roof*foundation work*new flooring in bedroom*Updated shower*currently rented for 850.00 a month. The land is gorgeous and perfect for horses with horse fencing around the perimeter. Come see this amazing property!

Last Agent to Sell the Property

Amy Cavins

Hall Real Estate License #0709892 Listed on: 01/08/2023

Last Buyer's Agent

Julie Acker

Fathom Realty LLC License #0791528

Fathom Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,665

Year Built

  • Built in 1940

Lot Details

  • 4.34 Acre Lot
  • Aluminum or Metal Fence
  • Pipe Fencing
  • Few Trees

Parking

  • Circular Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Chalmers Elementary School
  • Gainesvill Middle School
  • Lee Middle School
  • Gainesvill High School

Farming

  • 2 Residences
  • Pasture
  • Fenced For Horses

Additional Features

  • Horses Allowed On Property
  • Central Heating and Cooling System

Community Details

  • Clark P Subdivision
  • 2 Separate Water Meters

Listing and Financial Details

  • Assessor Parcel Number 1878
  • $3,754 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,665

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: None
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 940-284-4302
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Square Footage: 1622.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Electric Range, Refrigerator
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: None
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Metal, Pipe
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Deck, Covered Patio/Porch, Storage
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Circular Driveway
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gainesville ISD
  • Elementary School: Chalmers
  • Intermediate School: Lee
  • Junior High School: Gainesvill

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Few Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 4.3400
  • Parcel Number: 1878
  • Lot Size Acres: 4.3400
  • Lot Size Sq Ft: 189050.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1940

Multi Family

  • Number Of Residences: 2
  • Separate Water Meters: 2

Tax Info

  • Unexempt Taxes: 3754

MLS Schools

  • Elementary School Name: Chalmers
  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
Mar 17, 2023
Sold by
Murphy Hannah
Bought by
Mcgary Lucas
Seller's Agent
Amy Cavins
Hall Real Estate
Buyer's Agent
Julie Acker
Fathom Realty LLC
List Price
$450,000
Views
64
Current Estimated Value
$450,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
Original Mortgage
$450,000
Outstanding Balance
$435,258
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$14,902

Purchase Details

Closed on
Aug 13, 2020
Sold by
Mason Thomas M and Mason Dianne E
Bought by
Garcia Jesus and Garcia Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,975
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2006
Sold by
Garcia Jesus and Garcia Irma
Bought by
Garcia Jesus and Garcia Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
9.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgary Lucas -- --
Garcia Jesus -- Gainesville Title Co Inc
Connolly Hannah -- None Available
Garcia Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgary Lucas $450,000
Previous Owner Connolly Hannah $206,975
Previous Owner Garcia Jesus $10,348
Previous Owner Garcia Jesus $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold -- -- --
02/19/2023 02/19/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $450,000 0.0% $277 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $450,000 -- $277 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,665 $457,247 $169,238 $288,009
2024 $8,665 $457,247 $169,238 $288,009
2023 $6,144 $313,168 $154,365 $158,803
2022 $5,972 $274,328 $129,849 $144,479
2021 $5,118 $198,747 $69,785 $128,962
2020 $4,170 $182,317 $68,681 $113,636
2019 $3,863 $147,429 $54,128 $93,301
2018 $3,505 $128,454 $43,731 $84,723
2017 $3,400 $125,062 $43,731 $81,331
2015 $2,996 $120,147 $43,731 $76,416
2014 $2,996 $119,822 $43,731 $76,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20233671

North Texas Real Estate Information Systems (NTREIS)

APN: 1878