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1213 Mill Street #A & B

Gainesville, TX 76240

$520,000

2 units · 2025

Units2
Building area3,180 sq ft
Year built2025
Gross income$49,200/yr
Parking4 spaces
Lot size0.34 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed

About this home

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. Unit A Lease agreement expires 8-31-27 & Unit B expires 7-01-2027.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Luxury Vinyl Plank, Tile
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
Interior featuresDecorative Lighting, Double Vanity, Dry Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Bathrooms4 full · 2 half

Construction materialsFiber Cement
RoofShingle
FoundationSlab

FencingWood
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available

SubdivisionGainesville Add

ElementaryEdison
Middle schoolGainesvill
High schoolGainesvill
DistrictGainesville ISD

Gross income$49,200 per year

MLS #21292367
Source
On the market83 days
CountyCooke

Around this home

One moment…

Everyday life

Nearest groceryLowe's Market · 0.8 mi
Walmart Supercenter · 1.1 mi
Tom Thumb · 1.3 mi
Nearest parkFarmers Market · 0.8 mi
Medal of Honor Park · 0.9 mi
Leonard Park · 0.9 mi

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Listing courtesy of Ready Real Estate LLC — Sonia Ortega.

Where it is

Open in Google Maps

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing courtesy of Carrico and Associates Realtors

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21292367. Information last updated August 26, 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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