315 Ritchey St, Gainesville, TX, 76240
About This Home
**INVESTOR SPECIAL** Great investment opportunity featuring two dwellings on one lot—a main house and a separate rear apartment. The properties feature a functional layout with warm wood cabinetry, durable flooring throughout, and comfortable living spaces. This is the perfect investment opportunity for investors looking to expand their portfolio! Property is currently occupied by tenants through Spring of 2027 offering immediate income potential. *This property can be sold individually or along with MLS# 21217417 and MLS# 21217423.*
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Type & Style
- Home type: Apartment
- Architectural style: Detached
- Property subType: Apartment,Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- High Speed Internet,Cable TV
Interior Area
- Total interior livable area: 1,712 sqft
Living Room
- Level: First
- Dimensions: 1 x 1
Master Bedroom
- Level: First
- Dimensions: 1 x 1
Property
Details
- Parcel number: 10534
- Attached to another structure: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 6,272 sqft
Parking
- Parking features: Circular Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Hail
- Heat Wave
- Ice Storm
- Strong Wind
- Cold Wave
- Inland Flooding
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $193 | $2,316 |
| Property Taxes | $280 | $3,360 |
| Electricity | $238 | $2,859 |
| Total | $1,671 | $20,052 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Contingent | $190,000 |
| 2026-04-17 | Listed for sale | $190,000 |
| 2026-04-10 | Contingent | $190,000 |
| 2026-03-31 | Listed for sale | $190,000 |
| 2025-01-22 | Listing removed | $1,000 |
| 2024-11-05 | Listed for rent | $1,000 |
| 2024-09-13 | Listing removed | $1,100 |
| 2024-08-22 | Listed for rent | $1,100 |
| 2024-03-22 | Listing removed | -- |
| 2024-03-07 | Listed for rent | $1,000 |
| 2024-02-09 | Listing removed | -- |
| 2024-01-12 | Listed for rent | $1,100 |
| 2023-11-15 | Listing removed | -- |
| 2023-10-25 | Price change | $1,100 |
| 2023-09-27 | Price change | $1,150 |
| 2023-09-13 | Listed for rent | $1,250 |
| 2023-09-04 | Listing removed | -- |
| 2023-07-10 | Listed for rent | $1,250 |
| 2022-07-27 | Listing removed | -- |
| 2022-06-27 | Listed for rent | $1,100 |
For Sale by Agent
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