Fantastic investment opportunity in booming north Texas - BELOW MARKET VALUE - perfect for investors seeking immediate cash flow! This beautifully renovated 2-bedroom, 1-bath home with a 1-car garage, is tenant-occupied at $1,299 per month through May 2027, making this a turnkey addition to your rental portfolio!
Step inside to find a thoughtfully updated home featuring durable vinyl plank wood-like flooring throughout, complemented by faux wood blinds and updated finishes that create a clean, modern look. The renovated kitchen is a standout feature, showcasing granite countertops, updated cabinetry, and a fresh contemporary design—ideal for both everyday living and entertaining.
The bathroom has been fully updated with sleek, modern finishes, while both bedrooms are well-sized and filled with natural light. The flexible layout allows for use as guest rooms, a home office, or additional living space to suit your needs.
A 1-car garage adds convenience with secure parking and extra storage. With its updated condition and low-maintenance features, this property presents a great opportunity to start or add to your investment portfolio.
This property is available for individual sale as well as offered as part of an Investor Package Deal.
For sale
Price cut: $10K (5/29)
$160,000
920 Hancock St, Gainesville, TX 76240
2beds
1,075sqft
Single Family Residence
Built in 1937
8,886 Square Feet Lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Faux wood blindsUpdated cabinetryGranite countertopsFresh contemporary designFlexible layoutRenovated kitchen
- 95 days |
- 91 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mallory Adams 0746744 972-480-8280,
OmniKey Realty, LLC. 972-480-8280
Source: NTREIS,MLS#: 21226579
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Other
- Features: Solid Surface Counters
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
- Laundry: Washer Hookup, Dryer Hookup
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, High Speed Internet
- Flooring: Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,075 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Direct Access, Door-Single, Driveway, Garage, Inside Entrance, Kitchen Level
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,886 Square Feet
Details
- Parcel number: 7381
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Montgomery Add
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $117,457
- Annual tax amount: $2,226
- Date on market: 4/2/2026
- Cumulative days on market: 96 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Exclusions: Current occupant belongings (as applicable) washer, dryer, fridge, etc. Tenant occupied with current lease through 5-31-27 at $1299 per month.
Estimated market value
Not available
Estimated sales range
Not available
$1,324/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $160,000-5.9%$149/sqft |
Source: NTREIS #21226579 Report a problem | ||
| 4/2/2026 | Listing removed | $1,299$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Listed for sale | $170,000$158/sqft |
Source: NTREIS #21226579 Report a problem | ||
| 2/3/2026 | Listed for rent | $1,299-0.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/28/2023 | Price change | $1,300-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listed for rent | $1,325$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,226 +9.7% | $117,457 +13.6% |
| 2023 | $2,029 +2.5% | $103,423 +13.7% |
| 2022 | $1,980 +23.4% | $90,951 +34.5% |
| 2021 | $1,604 | $67,640 +17% |
| 2020 | -- | $57,789 +32.5% |
| 2019 | $1,104 +16.1% | $43,623 +19.9% |
| 2018 | $951 | $36,371 +4.3% |
| 2017 | $951 +2.1% | $34,858 +1.8% |
| 2015 | $931 +2.6% | $34,258 +0.5% |
| 2014 | $907 | $34,103 |
| 2013 | -- | $34,103 -19.3% |
| 2012 | -- | $42,278 -2% |
| 2011 | -- | $43,124 -3.7% |
| 2010 | -- | $44,774 +5.9% |
| 2009 | -- | $42,290 +12.4% |
| 2008 | -- | $37,632 +8.4% |
| 2007 | -- | $34,701 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76240
Nearby schools
GreatSchools rating
- 4/10Gainesville Intermediate SchoolGrades: 5-6Distance: 1.4 mi
- 3/10Gainesville Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Gainesville High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Middle: Lee,Gainesvill
- High: Gainesvill
- District: Gainesville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Cooke County
- Gainesville
- 76240
- 920 Hancock St



