920 Hancock Street, Gainesville, TX 76240
Montgomery Add · Cooke County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1937
Living Area
1,075 sq ft
Lot Size
0.20 acres
Garage Spaces
1
Days on Market
109
MLS® Listing#
21226579
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Roof
Windows
Security
Sewer
Water Source
Rooms
- 0 x 0First
- Bedroom0 x 0Second
- Living Room0 x 0First
- Master Bedroom0 x 0First
Schools
- Middle:
- Gainesvill
- High:
- Gainesvill
- District:
- Gainesville ISD
Financial Details
Parcel Number
7381
Directions
from hwy 35, head east on 82, turn left on to Hancock St. Continue down Hancock St. until property will be on the left side at the intersection of Hancock St. and Potter St.
Affordability Calculator
$30,500
Estimated monthly payment
$812/mo
Principal $122,000 · Est. interest $170,201 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gainesville, TX
- $334,043
- Median Listing Price
- 83
- Median Days on Market
- 1,860
- Median Sq Ft
- $172
- Median Price / Sq Ft
- 178
- Active Listings
- This home’s price is 54% below the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gainesville, TX.
Location
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Points of Interest in Gainesville, TX
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1011 N Commerce Street, Gainesville, TX | $115,000 | 2 | 1 | 1,104 |
| 1428 E Garnett Street, Gainesville, TX | $115,000 | 2 | 1 | 988 |
| 1406 E Garnett Street, Gainesville, TX | $120,000 | 3 | 1 | 1,275 |
| 811 Mill Street, Gainesville, TX | $120,000 | 3 | 1 | 1,132 |
| 607 Moran Street, Gainesville, TX | $120,000 | 4 | 1 | 1,472 |
| 215 Bell Street, Gainesville, TX | $125,000 | 2 | 1 | 1,148 |
Moving Cost Estimate
EXIT Agents in Gainesville
Listing Courtesy: OmniKey Realty, LLC. - 972-480-8280
Presented by: Mallory Adams
Last Updated: 2026-04-02