1304 COUNTY ROAD 115 #12, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
List Price$2,450,000
1304 County Road 115 #12
Gainesville, TX 76240
Listing #21125370
About This Property
Prime Investment Opportunity -- Three Custom-Built Quadplexes on 5 Acres Seize this rare investment opportunity featuring three custom-built quadplexes designed for quality and efficiency. Each unit boasts wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation for energy efficiency. Nestled in a tranquil, rolling landscape under a canopy of mature trees, this property offers both privacy and scenic beauty. Beyond the quadplexes, an additional 35 acres of prime land provide endless possibilities for future development, including residential lots, RV parking, or other ventures. Enjoy breathtaking hilltop views and the convenience of being less than a mile from Callisburg High School. Whether you're looking to expand a rental portfolio or develop a thriving community, this property is a versatile and lucrative opportunity in a rapidly growing area. Don't miss out--schedule a viewing today! The quads and 40.4 acres is available for $3,450,000.
Property Features
Location Information
County
Cooke
Subdivision
Fcsl
Interior Features
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
2
Floors
Ceramic Tile, Luxury Vinyl Plank
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Number of Fireplaces
0
Total Number of Units
12
Heating
Central, Electric
Exterior Features
Stories
1
Pool Description
None
Construction
Board & Batten Siding
Lot Description
Acreage, Back Yard, Cleared, Interior Lot, Lawn, Native Plants, Many Trees
Exterior
Lighting, RV Hookup
Lot Size in Acres
5
Foundation
Slab
Lot Size in Sq. Ft.
217,800
Roof
Composition
Buildings
3
Utilities
Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
16,242
Security System
Smoke Detector(s), Security Lights
Green Energy Features
Insulation
Parking Description
Additional Parking, Common, On Site, Open, Parking Lot
Road Description
Gravel
Garage Spaces
0
Is One Story
Yes
Fencing
Partial Cross
Lot Description
Acreage, Back Yard, Cleared, Interior Lot, Lawn, Native Plants, Many Trees
Patio / Deck Description
Covered
School
Elementary School District
Callisburg ISD
Jr. High School
Callisburg
Elementary School
Callisburg
High School
Callisburg
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Quadruplex
Tax Annual Amount
30301.0
Year Built
2021
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$11,440
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,828
Monthly Tax
$2,041
Monthly Insurance
$571
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
MISTY SCHMITZ, TIERRA REAL ESTATE
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NTREIS - North Texas data last updated at June 1, 2026, 3:50 AM CT
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