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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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6430 E Us Highway 84 , Gatesville, TX 76528
$437,500
Est. Payment: $2,197.07/mo
0 Bed
0 Bath
2608 Sqft
Status: active | Days on site: 41
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Owner Financing available with approved credit. Income-producing property situated on 2.77 acres with excellent highway frontage and future expansion potential. This beautiful tract with mature trees features a perimeter fence and two separate entrances along Hwy 84, offering convenience and flexibility for multiple residences. The property currently includes two tenant-occupied homes providing immediate rental income: • Manufactured home: 3 bedrooms, 2 baths, two living areas, plus a bonus space in the primary suite. Currently leased for $1,400/month. • Remodeled residence: 2 bedrooms, 1 bath, recently updated inside and out with modern finishes. Currently leased for $1,300/month. Mountain Water Supply has indicated availability for two additional water meters (buyer to verify), creating strong potential for added rental units or future development. The acreage offers ample space for expansion while maintaining privacy. Located outside city limits yet just minutes from Gatesville, with convenient access to Waco, Temple, Killeen, and Fort Hood. Excellent opportunity for investors seeking immediate cash flow with room to grow.
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Highlights

Listed by Shelley Herring , (254) 865-3675 Tejas Real Estate , (254) 865-8954. Central Texas MLS

Property Type

Multi-Family
Lot/Acreage
2.77

Year Built

1965

County

Coryell

 Neighborhood

J B Smith

 School District

Gatesville ISD

Listing ID

612162

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:See Remarks
Air Cond:Central Air,Electric
Fireplaces:Living Room
Other:See Remarks
Other:Community/Coop

Exterior Features

Roof:Mixed
Others:Resale
Sewer:Not Connected (at lot),Public Sewer
Principal Interest
$2,197
Taxes
$279

Home Price

$437,500

Loan Details

30 yrs
6.434%

Down Payment

20%
$87,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,197.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,197.07 $278.91 $0.00 $2,475.97
Yearly $26,364.82 $3,346.88 $0.00 $29,711.69
Total $790,944.58 $100,406.25 $0.00 $891,350.83

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Gatesville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:53:31.000Z

© 2026 Central Texas MLS