Paragon Realtors Real Estate

1118 W Main StreetGatesville, TX 76528Price: $127,500

  • Price: $127,500
  • Est. Mortgage of $/month
  • 43 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $127,500List Price
  • 3Bedrooms
  • 2Bathrooms
  • 2.2Acreage
  • 1,256Square Feet

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Listed by Dave Covington of Covington Real Estate
Offered as-is, this two parcel property is a rare opportunity for full renovation or custom redevelopment. Can be residential or commercial. The 1946 home needs significant work, but the value lies in the 2.2-acre lot and existing infrastructure. Outbuildings include a detached workshop with RV or boat awning and a detached single-car garage (under 25 years old), ideal for contractors or hobbyists. The 1946 residence is a true fixer--perfect for a full remodel or a new build using the existing footprint. The 2.2 level acres offer privacy, flexibility, and no HOA--ideal for equipment storage, RV or boat parking, or future expansion. Priced for its current condition; best suited for cash or renovation financing.

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 3:39 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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