ActiveResidential · sale

7980 US Highway 84

Gatesville, TX 76528

$410,000

  • 3 beds
  • 4,810 sq ft
  • 3.21 acres
  • Built 1987

Listed by On Point Realty · MLS #620550

7980 US Highway 84, Gatesville, TX 76528 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The 1/1 GUEST HOUSE offers 810' bare concrete floors ready for your choice of covering or stain, a cute kitchen with lots of cabinets, and wood deck off the BR overlooking the seasonal creek.

Living spaces

The main home boasts beautiful wood floors, wood burning FP a nice open kitchen & living, two private masters suites one with roll-in shower & grab bars, a large guest bath with laundry hookups along with a large basement flex space equipped with laundry hook-ups & closet space, a 2-car garage and additional 2 car attached carport.

Year built

Built in 1987.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

TWO Homes, MASSIVE SHOP, 3.21 Ac. seasonal creek, storage on slab, barn, chicken house, open pasture, and ideal location on E Hwy 84. This one of a kind property has so much to offer! Don't need a guest home? How about a rental or Air B&B! The main home boasts beautiful wood floors, wood burning FP a nice open kitchen & living, two private masters suites one with roll-in shower & grab bars, a large guest bath with laundry hookups along with a large basement flex space equipped with laundry hook-ups & closet space, a 2-car garage and additional 2 car attached carport. The 1/1 GUEST HOUSE offers 810' bare concrete floors ready for your choice of covering or stain, a cute kitchen with lots of cabinets, and wood deck off the BR overlooking the seasonal creek. With TWO separate drives off Hwy 84 you'll have easy access to the oversize workshop and additional shaded concrete parking in the rear of the main home. This is the SHOP OF YOUR DREAMS - once home to the locally owned "The Door Shoppe" where beautifully crafted doors & wood-working projects were created. With multiple areas, an office, carport parking, half bath and rear canopy! This place has beautiful landscaping, mature trees and opportunities galore! It was home sweet home for many years and is now ready for some TLC and a new family to enjoy all the beauty and unique qualities it has to offer! Being sold as-is and priced below tax appraisal!Disclaimer: A part of the Middle Trinity Ground Water Conservation District. Sq. footage provided by the Coryell Co. Appraisal Dist., NOT the Listing Broker/Agents. Measurements and taxes are approximate. Buyer should verify all info including utility availability.
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THE NEIGHBORHOOD

Explore the location.

7980 US Highway 84, Gatesville, TX 76528

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1987
Full baths
3
Half baths
1
Garage spaces
2
Cooling
CentralAir,Electric,OneUnit
Heating
Central,Electric
Appliances
Dishwasher,ElectricRange,ElectricWaterHeater,Refrigerator,RangeHood,Range
Flooring
Concrete,Laminate,Wood
Utilities
ElectricityAvailable
Exterior
Deck,Other,Storage,SeeRemarks
Fencing
BarbedWire,ChainLink,Masonry,PartialCross,Perimeter,RanchFence,WroughtIron
Pool features
None
Spa
No
Subdivision
Gc & Sf Rr Co
Parcel
110486
Elementary school
Gatesville
High school
Gatesville

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$1,708.33
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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7980 US Highway 84, Gatesville, TX 76528 · MLS #620550

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Listing information

MLS #620550 · Central Texas MLS

Listing brokerage: On Point Realty
Listing agent: Kristi Roberts

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.