706 N Commerce Street
Gainesville, TX 76240
- 2 beds
- 1 bath
- 1,488 sqft
- 6,229 sqft lot
- $409 per sqft
- 1940 build
- – on site
Investor's Dream! 4 Income Producing Properties in Gainesville, TX! Don't miss this rare opportunity to own a package of four fully rented dwellings in one convenient location! This investment portfolio includes the following addresses: 1) 702 N Commerce (Duplex): Side A is a 1 bed, 1 bath unit with 846 sq ft. Side B offers 1 bed, 1 bath with 690 sq ft. 2) 706 N Commerce: A charming single family home featuring 2 bedrooms, 1 bath, and 1,129 sq ft of living space. 3) 706 and Half N Commerce (Garage Apartment): A standalone 1 bed, 1 bath apartment with 780 sq ft, tucked behind 706. 4) 115 Blanton: A cozy 2 bed, 1 bath home offering 863 sq ft. Each property is currently rented, offering immediate and steady income. Whether you're a seasoned investor or just starting your portfolio, this package delivers strong rental potential with options: keep all as a cash flowing bundle or sell individually after purchase. Located near historic downtown Gainesville, these homes are minutes from local shopping, dining, and wineries, making them attractive to tenants seeking charm and convenience. Call today for more details or to schedule a private tour of this unique multi property opportunity!
Last checked:
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Last updated Apr 7, 2025
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MLS# 20890542 —
The Building
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Year Built:1940
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Structural Style:Single Detached
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Pillar/Post/Pier
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Levels:One
Interior
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Interior Features:Cable TV Available
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Flooring:Laminate
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1488.00
Location
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Directions:Use GPS
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Latitude:33.63041800
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Longitude:-97.14620000
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:Yes
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Parcel Number:11846
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:6229.0800
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Lot Size Acres:0.1430
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Lot Size Area:0.1430
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Lot Size Units:Acres
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Other Structures:Guest House, Second Residence
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:70
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Tax Legal Description:GAINESVILLE ADDN; BLOCK 70; TR 8; ACRES .1426
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.00
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Cable Available, City Sewer, City Water
Appliances
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Appliances:Electric Range
Schools
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School District:Gainesville ISD
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Elementary School:Edison
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Elementary School Name:Edison
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Jr High School Name:Gainesvill
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Intermediate School Name:Lee
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High School Name:Gainesvill
The Community
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Subdivision Name:Gainesville Add
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Pool:No
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Association Type:None
Parking
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Garage:No
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Parking Features:Common
Monthly cost estimate
Asking price
$610,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,266
|
| Taxes | N/A |
| Insurance | $167 |
| Utilities | $171 See report |
| Total | $3,604/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
