Address
116 N Taylor Street, Gainesville, TX
Price
$ 164,000
Property Attributes
- MLS#20652412
- TypeMulti-Family
- CountyCOOKE
- CityGainesville
- NeighborhoodClements I
- Zip76240
- StyleDuplex
- Year Built1940
- Taxes$ 2327
- Price$ 164,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.259 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Duplex - updated but still some TLC needed. No central air or heat. Each unit is separately metered, and tenants are responsible for paying all utilities. Zoned C-2 Commercial, so it could be used as a small office, light retail space, or kept as a residential duplex. Unit A is a 1 bedroom that's 968 sqft & Unit B is a 2 bedroom that's 1,014 sqft. Both units are vacant at the moment. They rent for $800 and $1,000 per month for a total of $1,800 per month. This property is a great investment opportunity, priced below the appraised value.
| Elementary School |
|---|
| Edison Elementary School |
| Price History | |
|---|---|
| 6/23/2024 | Listed $164,000 |
General Features
| Heating | Space Heater,Wall Furnace |
|---|---|
| Complex Name | NONE |
| Cooling | Window Unit(s) |
| Utilities | Asphalt,City Sewer,City Water,Curbs,Individual Gas Meter,Individual Water Meter |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range,Refrigerator |
| School District | Gainesville ISD |
| Capitalization Rate | 13.17 |
| Year Built | 1940 |
| Levels | One |
| Unexempt Taxes | 2327 |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Duplex |
| Subdivision Name | Clements I |
| Insurance Expense | 600 |
| Occupant Type | Vacant |
| County | Cooke |
| Property Type | Residential Income |
| Construction Materials | Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | California Ave to Taylor,Turn north,first Home on the right |
| City | Gainesville |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Edison |
| High School | Gainesvill |
| Elementary School | Edison |
| Standard Status | Active |
| Junior High School | Gainesvill |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Other |
|---|---|
| Flooring | Linoleum,Vinyl,Wood |
| Total Units | 2 |
| Unit Count | 2 |
| Full Baths | 2 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | Garage Faces Front,Garage Faces Rear,Open,Unassigned |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.2590 |
| Number Of Parking Spaces | 4 |
| Lot Size Units | Acres |
| Building Area Total | 1943.00 |
| Lot Size Square Feet | 11282.0400 |
| Lot Size Acres | 0.2590 |
| Patio And Porch Features | Covered,Front Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76240
Price
Taxes
Visits
Year Built
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