$520,000
 $2,953 est/mo Sourced by Back At You

1213 Mill Street A & B,Gainesville, TX 76240

Gainesville, TX 76240

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Description

Investment opportunity! This tenant occupied duplex offers immediate income potential and is a great addition to any investment portfolio. Each unit provides comfortable living space with 3 bedrooms and 2.5 baths. It is currently occupied, creating a turnkey opportunity for investors seeking cash flow from day one. Conveniently located near schools, community college, shopping, dining, and major highways. Whether you're looking to expand your portfolio or secure your first income producing property, this duplex is worth a look. Please do not disturb tenants. Showings available during the option period after an accepted offer. Unit A Lease agreement expires 8-31-27 & Unit B expires 7-01-2027.

Details

MLS #21292367
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year2025
Days On Site124
Listing Provided ByReady Real Estate LLC | Sonia Ortega

Features

Bed(s)6
Bath(s) 6 Total
SQ Feet3,180
Car PortYes
Story(s)2
Units2
Building(s)1
Acreage0.34

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric
Interior FeaturesDecorative Lighting, Double Vanity, Dry Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

RoofShingle
Security FeaturesCarbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Construction MaterialsFiber Cement
Foundation DetailsSlab

Parking

Garage Yn0
Parking FeaturesAdditional Parking, Assigned, Driveway

Utilities

UtilitiesCity Sewer, City Water, Electricity Available

Taxes

Tax Block135

Area Information

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameGainesville Add
School DistrictGainesville ISD
Elementary SchoolEdison
High SchoolGainesvill
Listing VS Median (in Gainesville Add)
Price:
$520,000
low | high
Med:
$239,250
100% of Average
sqft:
3,180
low | high
Med:
1,194
100% of Average
$ / sqft:
$164
low | high
Med:
$208
22.924673384498% of Average
On site:
124
low | high
Med:
27.5
100% of Average
Sourced by Back At You

Market Activity 76240

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameGainesville Add
School DistrictGainesville ISD
Elementary SchoolEdison
High SchoolGainesvill
Listing VS Median (in Gainesville Add)
Price:
$520,000
low | high
Med:
$239,250
100% of Average
sqft:
3,180
low | high
Med:
1,194
100% of Average
$ / sqft:
$164
low | high
Med:
$208
22.924673384498% of Average
On site:
124
low | high
Med:
27.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:09:46 AM PDT