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!
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!!
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.
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.