Home For Sale In Gainesville, Texas

house for sale

Listed: 05/27/24

115 And 117 5 E Tennie, Gainesville, Texas, 76240

5 Bed:

3 Bath:

2,052 Sq Ft Living Area:

Save

Price

$ 329,000

Show 6 more

About This House

Investors are you looking for 3 tenant occupied properties that will generate income immediately? This is a perfect opportunity for you. All 3 of these properties are occupied, currently producing over$32, 000in gross income. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, facilitating convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment in a historically rich location with reliable income streams presents a promising prospect. There is one home with 2 bedrooms 1 bath and a 1 car garage. The second home is 2 bedroom 1 bath with no garage. The third property is a 1 bedroom 1 bath. The 2 bedroom units … Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Original listing

Gainesville Housing & Living

Household Income

Median household income: $44,105

Number of households: 6,161

The average household income in Gainesville, TX grew from $42,633 to $44,105 in the past year. This data is an estimate based upon 6,161 households in Gainesville, TX.
The chart below presents how household income is distributed in Gainesville, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Gainesville, TX compared to median property taxes around the country. The prevalent amount of property taxes in Gainesville, TX equals $2k-$3k , which is less than the national average.