920 Hancock St, Gainesville, TX, 76240
About This Home
Fantastic investment opportunity in booming north Texas, 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 also offered as part of an Investor Package Deal. Contact Listing Agent for more info.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1937
Materials
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave
- Laundry features: Washer Hookup,Dryer Hookup
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Built-in Features,Decorative/Designer Lighting Fixtures,High Speed Internet
- Window features: Window Coverings
- Flooring: Luxury Vinyl Plank
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total interior livable area: 1,075 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Other
- Features: Solid Surface Counters
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 7381
- Exclusions: Current occupant belongings incl washer,dryer,fridge as applicable. Tenant occupied with current lease through 5-31-27 at $1299 per month.
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 8,886 sqft
Parking
- Total spaces: 1
- Parking features: Direct Access,Door-Single,Driveway,Garage,Inside Entrance,Kitchen Level
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Ice Storm
- Strong Wind
- Drought
- Heat Wave
- Inland Flooding
- Winter Weather
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 | $771 | $9,252 |
| Home Insurance * | $155 | $1,860 |
| Property Taxes | $225 | $2,700 |
| Electricity | $238 | $2,859 |
| Total | $1,389 | $16,668 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listing removed | $1,299 |
| 2026-04-02 | Listed for sale | $170,000 |
| 2026-02-03 | Listed for rent | $1,299 |
| 2024-01-25 | Listing removed | -- |
| 2023-12-28 | Price change | $1,300 |
| 2023-12-15 | Listed for rent | $1,325 |
For Sale by Agent
View on Zillow