831 NW 42ND TERRACE, GAINESVILLE, FL, 32605
Active56 days on marketListed Jun 17, 2026MLS #GC539962
About this home
831 NW 42ND TERRACE
Move-In Ready 2BR/2.5BA Townhome in Lenox Place — Minutes to UF, Shands & HCA, and I-75. Seller offering a $6,500 credit toward buyer's closing costs. This 1,414-square-foot townhome sits in Lenox Place, one of Gainesville's most convenient locations for anyone working or studying near UF, Shands, or HCA Florida North Florida Hospital, also offering quick access to I-75. It's an easy commute home to a low-maintenance lifestyle: the HOA and Master Association dues cover all exterior maintenance, roof upkeep, structural insurance, and access to the community pool. Inside, the home has been kept clean and tidy. The bathrooms and downstairs flooring have been updated. The first floor has an open layout dining area and living room with French doors leading to a quaint private patio overlooking lush greenery and trees providing a quiet spot to unwind after a long day. The east-facing french doors fill the main level with natural light. Also on the first floor the spacious kitchen and half-bath complete the equation needed to make this an easy space to entertain guests. Upstairs, both bedrooms are generously sized, each with its own full bath; the primary suite includes a walk-in closet. A one-car attached garage adds secure parking and more storage, plus there's expansive usable attic space for anything else you need to stow. Built in 1988 and thoughtfully maintained. Newer washer and dryer, and water heater replaced in 2020. Use the seller's credit for updates, rate buy down, or cash to close - its there to use as you choose within lender requirements. HOA and Master Association combined dues of $409/month cover all exterior maintenance, roof upkeep, structural insurance, and community pool access — making this low-maintenance ownership for your busy lifestyle.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,414
Sqft
0.04 ac
Lot size
1
Garage
1988
Year built
Two
Levels
$151
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,080 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,080/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Gainesville actives
$151 vs $200
Days on market
56 vs 44 typical
Where $151/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32605 — neighborhood snapshot
Population
25,698
Median age
40.5
Median income
$83,114
Median home value
$264,700
Avg household
2.34
Households w/ children
2,649
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$294K → $305K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
187 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 16% below the GAINESVILLE 32605 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 831 NW 42ND TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$207,000
832 NW 42ND TERRACE · same community
2 bd · 2.5 ba · 1,414 sqft · $146/sqft · 46 DOM
Sold · Jul ’26$199,500
938 NW 42ND TERRACE · same community
2 bd · 2.5 ba · 1,421 sqft · $140/sqft · 349 DOM
Sold · May ’26$316,500
1047 NW 41ST DRIVE · same community
3 bd · 2 ba · 1,538 sqft · $206/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 831 NW 42ND TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 831 NW 42ND TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
831 NW 42ND TERRACE FAQs
What would the monthly payment be for 831 NW 42ND TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,080/mo — principal and interest, the actual property-tax bill, the $302/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 831 NW 42ND TERRACE?+
The association fee works out to $302 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 831 NW 42ND TERRACE?+
The most recent tax bill on record (2025) was $3,168. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 831 NW 42ND TERRACE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Gainesville?+
At $214,000, this home is listed about 28% below the Gainesville median of $297,500. The market section on this page shows how the area is trending.
Which schools are assigned to 831 NW 42ND TERRACE?+
Gainesville High School (high), Carolyn Beatrice Parker Elementary (elementary), Westwood Middle School (middle) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of WATSON REALTY CORP · Stephanie Bailes. MLS #GC539962.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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