Gainesville TX Multi Family for Sale
$1,800,000
1500 Black Hill Drive Gainesville, TX 76240
- Type:
- Apartment
- Sq.Ft.:
- 5,950
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 4.97 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 20852564
- Subdivision:
- Yeaman E 1173, 4.97 Acs
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Courtesy: Prime Properties
ADDITIONAL INFORMATION
The complex consists of 26 total units with (3) being 877 sqft two bedrooms, one bath; (8) being 439 sqft one bedroom, one bath units; (7) being 573 sqft one bedroom, one bath units and (8) being 291 sqft efficiency units that are an open room with kitchen area and bath. Each of the larger units has a separate kitchen-living-dining area. The buildings also include a small laundry facility for tenants in the north building and a storage room in the south building utilized by the owner. All offers due 3-26-25 at 11:59 pm. Buyers or buyers agent to verify all information. The physical address is 1500 Black Hill Dr. CCAD's address for the property is listed incorrectly. Property ID # 23900.
- Type:
- Duplex
- Sq.Ft.:
- 1,692
- Status:
- NEW LISTING
- Beds:
- 2
- Lot size:
- 0.3 Acres
- Year built:
- 1950
- Baths:
- 2.00
- MLS#:
- 20852618
- Subdivision:
- Clements I
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Courtesy: Prime Properties
ADDITIONAL INFORMATION
This duplex presents a unique opportunity for rental income or multi-generational living. Donâ??t miss out on the chance to own this fantastic property in a prime location! Each unit consists of 1 bedroom, 1 bathroom, central hear and air conditioning, gas tankless water heater, wood plank flooring and granite countertops. Property also offers 2 carports and detached double garage. All offers are due by 11:59 pm on 3-26-2025. Buyer or Buyer's agent to verify all information.
- Type:
- Other
- Sq.Ft.:
- 6,966
- Status:
- Active
- Beds:
- 14
- Lot size:
- 5.05 Acres
- Year built:
- 1980
- Baths:
- 14.00
- MLS#:
- 20817060
- Subdivision:
- Hill G
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Courtesy: TIERRA REAL ESTATE
ADDITIONAL INFORMATION
Super Rare Income producing property that sits on 5 acres with 13 one bedroom one bath units, covered parking, a barn with living quarters, small storage buildings, piped fencing for livestock, and more. All units are currently leased and there is extra space to build additional living quarters and storage buildings. The property is located partially inside the city limits and has city water, and a conventional septic system. Great Investment Opportunity that will not last long! A list of rental income available upon request.
- Type:
- Duplex
- Sq.Ft.:
- 2,850
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 2024
- Baths:
- 4.00
- MLS#:
- 20808852
- Subdivision:
- Gainesville Add
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Courtesy: Ready Real Estate
ADDITIONAL INFORMATION
This new construction duplex is perfect for investors! Each unit is 3 bedrooms and 2 full bathrooms with a loft that can be used as a second living room, Gameroom, or office. Each unit has its own fenced yard to the side. Don't wait too long, you may miss out!
- Type:
- Fourplex
- Sq.Ft.:
- 1,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.14 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 20755526
- Subdivision:
- Shields Jd
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Courtesy: RE/MAX FIRST REALTY
ADDITIONAL INFORMATION
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!!
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Gainesville Real Estate
The median home value in Gainesville, TX is $197,500. This is lower than the county median home value of $299,800. The national median home value is $338,100. The average price of homes sold in Gainesville, TX is $197,500. Approximately 46.22% of Gainesville homes are owned, compared to 46.58% rented, while 7.21% are vacant. Gainesville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gainesville real estate agent to arrange a tour today!
Gainesville, Texas has a population of 17,146. Gainesville is more family-centric than the surrounding county with 33.07% of the households containing married families with children. The county average for households married with children is 30.6%.
The median household income in Gainesville, Texas is $47,164. The median household income for the surrounding county is $63,338 compared to the national median of $69,021. The median age of people living in Gainesville is 33.8 years.
Gainesville Weather
The average high temperature in July is 94.1 degrees, with an average low temperature in January of 30.5 degrees. The average rainfall is approximately 40.1 inches per year, with 3.2 inches of snow per year.