NEW CONSTRUCTION
$81K PRICE DROP
2289 County Road 131 Unit A,B,C,D Gainesville, TX 76240
Estimated payment $1,774/month
Total Views
4,296
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- New Construction
- Deck
- 1-Story Property
- Open Floorplan
- Covered patio or porch
- High Speed Internet
About This Home
Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,015
Year Built
- Built in 2023 | New Construction
Lot Details
- 2.14 Acre Lot
- Few Trees
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
- Siding
Interior Spaces
- 1-Story Property
- Open Floorplan
- Concrete Flooring
Kitchen
- Convection Oven
- Electric Oven
- Electric Cooktop
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Callisburg Elementary And Middle School
- Callisburg High School
Utilities
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- 4 Units
- 1,200 Sq Ft Building
- Shields Jd Subdivision
Listing and Financial Details
- Assessor Parcel Number 313778
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,015 | $317,836 | $158,016 | $159,820 |
| 2023 | $4,114 | $322,200 | $180,968 | $141,232 |
| 2022 | $2,888 | $194,702 | $143,234 | $51,468 |
| 2021 | $1,685 | $92,144 | $92,144 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2025 04/05/25 | Price Changed | $259,500 | -5.6% | -- |
| 03/31/2025 03/31/25 | Price Changed | $275,000 | -1.4% | -- |
| 03/09/2025 03/09/25 | Price Changed | $279,000 | -6.7% | -- |
| 01/25/2025 01/25/25 | Price Changed | $299,000 | -8.0% | -- |
| 10/22/2024 10/22/24 | Price Changed | $325,000 | -4.4% | -- |
| 10/15/2024 10/15/24 | For Sale | $340,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Similar Home in Gainesville, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20755526
APN: 313778
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