1304 COUNTY ROAD 115, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
List Price$3,450,000
1304 County Road 115
Gainesville, TX 76240
Listing #20945924
About This Property
Prime Investment Opportunity -- Three Custom-Built Quadplexes on 40 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, 40 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!
Property Features
Location Information
County
Cooke
Subdivision
Fcsl
Interior Features
Has Fireplace
No
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Exterior Features
Exterior
Lighting, RV Hookup
Current Use
Agricultural, Commercial, Grazing, Multi-Family, Pastu
Utilities
Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
Possible Best Use
Agricultural, Commercial, D
Fencing
Cross Fenced, Partial Cross
Zoning
Unzoned
Patio / Deck Description
Covered
Road Description
County Road, All Weather Road, Asphalt, Gravel
Lot Description
Acreage, Agricultural, Cleared, Interior Lot, Pond on Lot, Rolling Slope, Many Trees
Is One Story
No
Lot Size in Acres
40.4
Lot Description
Acreage, Agricultural, Cleared, Interior Lot, Pond on Lot, Rolling Slope, Many Trees
Lot Size in Sq. Ft.
1,759,824
School
Elementary School District
Callisburg ISD
Jr. High School
Callisburg
Elementary School
Callisburg
High School
Callisburg
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Tax Annual Amount
30301.0
Year Built
2021
Documents Available
Aerial, Survey
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$16,112
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,432
Monthly Tax
$2,875
Monthly Insurance
$805
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 May 18, 2026, 3:21 AM CT
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