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$225,500

Beds
3
Baths
2.0
sq ft
1,302

501 W Star St, Gainesville, TX 76240

501 W Star St

Gainesville, TX 76240

  • 76 days on market
    • Price drop $2,000↓
Discover timeless charm in this craftsman-style home built in 1940. Boasting 3 beds and 2 baths, this beautiful home exudes character and warmth. Admire the architectural details throughout, adding a touch of vintage charm. The inviting living space provides a welcoming atmosphere, while the kitchen offers modern convenience and plenty of cabinet space. Retreat to the master suite or en suite bath for quiet moments of relaxation. Outside, enjoy sitting on the large covered porch. This home is located on a corner lot within walking distance to downtown Gainesville. Embrace the opportunity to own a piece of history in this quaint and cute home!

Details

Property type

Single Family Residence

Est. home value

$211,167

Lot size

9,147.6 sq ft

Price per sq ft

$174

Year built

1940

Price History

03/27/2025
NTREIS

NTREIS #20824652

Price change
$225,500
-0.88%
02/10/2025
NTREIS

NTREIS #20824652

Price change
$227,500
-1.04%
01/24/2025
NTREIS

NTREIS #20824652

Listed
$229,900

Schools & Community

Elementary school: 

Edison

Middle school: 

Unknown

High school: 

Gainesvill

School district: 

Gainesville ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$17,103
Asking price
$225,500
Closing costs (~8% of asking)
-$18,040
Est. remaining loan balance
-$190,357
Cash to seller
$17,103

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Trinity Oaks Mortgage Llc

Loan start date

October 2022

Original loan amount

$196,969

Est. remaining balance

$190,357

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Mackenzie N Mason

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/10/2025 at 11:30 AM

Listing updated: 03/29/2025 at 3:07 PM

Listed by: Kelly Bob Bayer, RE/MAX FIRST REALTY Phone #: (940) 665-0376

MLS: NTREIS #20824652

NTREIS logo

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