701 S Clements Street

Gainesville, TX
$ 160,000 Beds 3 Baths 1 Sq 1,893 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to this classic home with incredible potential! This three bedroom, one bath has character and offers an opportunity for anyone to restore a timeless beauty. As you step inside you will be greeted with high ceilings and hardwood floors. The spacious living and dining allow for creative updates and modern touches while preserving the home's original charm. The kitchen and bathroom offer the perfect chance to create a space that suits your personal style. The backyard is an open space with room for outdoor entertaining and gardening. Don't miss out on making this your new home. Living 20 X 15 with gas heater window unit and ceiling fan, original wood flooring Dining 17 X 20 with wall gas heater and ceiling fan, original hardwood flooring Kitchen 11 X 12 ceiling fan, laminate flooring Laundry Room 13 X 8 Sun Porch 13 X 9 Bathroom 13 X 7.5 laminate flooring, closet, double sink with shower-tub combo Bedroom 1 13 X 13 cedar double closet, laminate flooring, window unit Bedroom 2 12 X 17 wood flooring Bedroom 3 14 X 11 ceiling fan, wood flooring Front Porch 20 X 9 Stain Glass window above entrance door, As is. The seller is not interested in doing any repairs. Asking price: $160,000

Active

  • Price
  • $ 160,000
  • City
  • Gainesville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • COOKE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.226 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 1,893
  • Year Built
  • 1940
  • Taxes
  • $ 3514
  • Style
  • Farm/Ranch
  • MLS#
  • 21297596
Listed By: Legacy Properties
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Utilities City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Appliances Other
School District Gainesville ISD
Year Built 1940
Levels One
Unexempt Taxes 3514
Will Subdivide No
Property Subtype Farm/Ranch
Subdivision Name Gainesville Add
Transaction Type For Sale
Carport Spaces 2
County Cooke
Property Type Residential
HOA Type None
Full Baths 1
Status Active
Directions Gainesville,Texas
City Gainesville
Elementary School Name Chalmers
High School Gainesvill
Elementary School Chalmers
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21297596
Standard Status Active

Interior Features

Interior Features Built-in Features
Dining Areas 1
Living Areas 1
Room Count 8
Lock Box Type None
Total Bedrooms 3
Total Baths 1

Exterior Features

Parking Features Driveway
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Lot Size Area 0.2260
Lot Size Units Acres
Structural Style Farm/Ranch House
Lot Size Square Feet 9844.5600
Lot Size Acres 0.2260

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chalmers Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/10/2026 Listed $182,900
9/15/2026 13% - $160,000

Property vs Zip Code Average in 76240

Price
AVG $510K
$160K
Taxes
AVG $5,208
$3,514
Year Built
AVG 1988
1940
Visits
AVG 188
184
Data Provided by Inside Real Estate®

Areas That We Cover

701 S Clements Street Gainesville, TX is a Single Family Home for sale at $160000 with 1893 sqft and a lot size of 0.226 Acres Acre(s). 701 S Clements Street Gainesville has 3 bedrooms, 1 baths and was built in 1940. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.