702 N COMMERCE STREET, GAINESVILLE, TX 76240

Homes for sale in Gainesville.

Homes for sale in 76240.


702 N Commerce Street

Gainesville, TX 76240

Status of the property has changed, please contact for details

List Price$599,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20892601

7

Bedrooms

5 full

Bathrooms

1,488

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

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!

Property Features

Location Information

County

Cooke

Subdivision

Gainesville Add

Interior Features

Interior

Cable TV

Cooling

Central Air

Full Baths

5

Floors

Laminate

Has Fireplace

No

Appliances

Electric Range

Heating

Central

Total Number of Units

5

Exterior Features

Stories

2

Pool Description

None

Foundation

Pillar/Post/Pier

Lot Size in Acres

0.143

Roof

Composition

Lot Size in Sq. Ft.

6,229

Water / Sewer

Sewer Available, Water Available, Cable Available

Buildings

4

Utilities

Sewer Available, Water Available, Cable Available

Building Total Area (Sq. Ft.)

1,488

Parking Description

Common

Is One Story

No

School

Elementary School District

Gainesville ISD

High School

Gainesvill

Elementary School

Edison

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Year Built

1940

Tax Annual Amount

1952.0

Similar Listings

Mortgage Calculator

$2,796

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,158

Monthly Tax

$499

Monthly Insurance

$139

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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