Active

1213 Mill Street #A B

Gainesville, Texas 76240

$520,000 $2,192/Mo

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Overview

Bed

Bath

3,180

Sqft

0.34

Acre(Lot)

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.

Property Details

Property Type : Residential Income

Price : $520,000

AD Id : 80043779

MLS Id : 563641544

Beds : 6

Lot Size : 0.34 Acre

Living Area Size : 3,180

Year Built : 2025

County : Cooke

Subdivision: Gainesville Add

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 4.5 Full Baths: 4 Half Baths: 2
Interior Features

Decorative Lighting,Double Vanity,Dry Bar,Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Second Primary Bedroom

Appliances

Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator

Utilities

City Sewer,City Water,Electricity Available
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2025 Building Area Total: 3,180 Construction: Fiber Cement Roof Type: Shingle
Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)
Fencing

Wood

Construction Materials

Fiber Cement

Lot Information

Lot Size (Acr): 0.3400 Lot Size Units: Acres Lot Size Square Feet: 14,810
Property Information

SQ ft (Living Area): 3,180 Property Type: Residential Income Property Sub Type: Duplex Subdivision: Gainesville Add City: Gainesville State: Texas Directions: I-35 towards Gainesville, use GPS Property Status: Active Levels: Two Property Age: 1 Year Built Details: Preowned

Listing Price Information

Original List Price: $520,000 List Price Tot SqFt: $164
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 12983 Tax Block: 135

Parking Information

Garage Space: 0 Carport Spaces: 2 Parking: 4 Parking Features: Additional Parking,Assigned,Driveway
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Edison High School: Gainesvill Junior High School: Gainesvill Intermediate School: Lee School District: Gainesville ISD
Utility Information

Utilities: City Sewer,City Water,Electricity Available

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1304 County Road 115 #12, Gainesville, TX, 76240	$2,450,000	2	2	--

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/10/2026 @ 14:28

MLS: 563641544 LISTED BY: Sonia Ortega, Ready Real Estate LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information