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1103 Leon Street

Gatesville, TX 76528

$155,000

2 units · 1984

Units2
Building area924 sq ft
Year built1984
Gross income$20,100/yr
Cap rate9.03% as listed
Lot size0.143 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$6,000 per year — as listed
Net operating income$14,000 per year — as listed

About this home

Income producing! Fully updated! Don’t miss this beautifully updated duplex in a desirable Gatesville neighborhood, conveniently located near shopping, dining, schools, and everyday amenities. Whether you’re looking to expand your investment portfolio or make a smart owner-occupied purchase, this property offers flexibility, functionality, and immediate income potential. Each unit features a well-designed 1-bedroom, 1-bathroom layout with updated finishes throughout, including luxury vinyl plank flooring, updated kitchens and bathrooms, and a newer roof. Thoughtful floor plans provide generous closet space, dedicated pantry storage, and private fenced yards for added outdoor enjoyment. One unit also includes a ramp for convenient accessibility. With tenants already in place in both units, investors can enjoy immediate rental income from day one. The strong rental demand in Gatesville makes this an attractive addition to any portfolio, while future owner-occupants may appreciate the opportunity to offset housing expenses by living in one unit and renting the other. Additional features include ample parking, low-maintenance updates, attractive curb appeal, and modern finishes that help set this property apart from typical rental inventory.

The details

HeatingCentral
CoolingCentral Air, Electric
FlooringVinyl
AppliancesElectric Range
Interior featuresEat-in Kitchen, Pantry

Construction materialsSee Remarks
RoofMetal
FoundationSlab

Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available

SubdivisionOriginal Town

ElementaryGatesville
Middle schoolGatesville
High schoolGatesville
DistrictGatesville ISD

Gross income$20,100 per year
Operating expenses$6,000 per year
Cap rate9.03% — as listed
Net operating income$14,000 per year

MLS #21299212
Source
Price changeReduced by $9,000 · Oct 5, 2026
On the market130 days
CountyCoryell

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 22 mi
Nearest parkRobert Wilson Baseball Park · 22 mi

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Listing courtesy of Camille Johnson — Kellie Gore.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21299212. Information last updated October 19, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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