Gainesville TX Multi Family for Sale

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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

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!!

Type:
Other
Sq.Ft.:
6,966
Status:
Active
Beds:
14
Lot size:
5.05 Acres
Year built:
1980
Baths:
14.00
MLS#:
20686629
Subdivision:
Hill G

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:
Fourplex
Sq.Ft.:
4,008
Status:
Active
Beds:
2
Lot size:
0.38 Acres
Year built:
2024
Baths:
2.00
MLS#:
20648760
Subdivision:
Patriot Addition

ADDITIONAL INFORMATION

Brand New 4plex is perfect for investors! One Building Left. 207 W Cloud Street! Never used! 2 Bedroom 2 Bath Quadplex available! Fenced backyard with a patio perfect for BBQ. Craftsman style, two-story Quadplex. Granite countertops are throughout, and there is a built-in microwave in the kitchen, a double sink, and a dishwasher. The laundry closet comes furnished with a washer & dryer in each unit. LVT flooring and carpet throughout each unit. There are ceiling fans in the living rooms and bedrooms, with LED lighting. Each unit has a fenced backyard!

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems



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 76240 has a population of 17,146. Gainesville 76240 is less family-centric than the surrounding county with 15.78% 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 76240 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 76240 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.

Gainesville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    337
    30-day change

Gainesville Schools and Demographics

Education near Gainesville, TX

Metric City County
High School Graduates 79.93 87.89
College Degree - 2 year 6.55 8.55
College Degree - 4 year 16.56 22.05
Graduate Degree 3.62 4.76
Expenditures per Student 12,437 12,437
Students per Teacher 14 14

Elementary Schools near Gainesville, TX

School Grades Students P/T Ratio ZIP
Callisburg Elementary School PK - 05 528 16.2 76240
Edison Elementary School PK - 01 615 16.9 76240
Sivells Bend Elementary PK - 08 62 8.4 76240
W E Chalmers Elementary School 02 - 04 684 16.1 76240
Walnut Bend Elementary School PK - 08 88 13.7 76240

Middle Schools near Gainesville, TX

School Grades Students P/T Ratio ZIP
Callisburg Middle 06 - 08 266 13.3 76240
Gainesville J H 07 - 08 391 13 76240
Robert E Lee Intermediate School 05 - 06 449 14.7 76240

High Schools near Gainesville, TX

School Grades Students P/T Ratio ZIP
Callisburg High School 09 - 12 350 11.7 76240
Gainesville High School 09 - 12 719 12.9 76240
Lone Star H S North 08 - 12 246 76240

Ungraded Schools near Gainesville, TX

School Grades Students P/T Ratio ZIP
* DAEP 08 - 12 2 76240

Demographics near Gainesville, TX 76240

Metric Zip Code City
Neighborhood Type Suburban
Population 17,146 41,215
Population Density 888 47
Median Age 33.8 40.6
People per Household 2.5 2.5
Median Household Income 47,164 63,338
Average Income per Capita 22,869 33,026