550 CR-297, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
550 CR-297
Gainesville, TX 76240
List Price$3,339,999
Listing #20849713
About This Property
Fabulous Sailer Resort Ranch property located along the 'Golden Corridor' growth path north of Aubrey Celina and just east of Lake Kiowa. Sailer Resort features a Grand Villa, Large ~4,500 sq ft. Outdoor Deck, Wedding Event Venue, Amazing Outdoor and Indoor Games and more for you to cherish your memories. Located in a serene private setting, this 55.22 acre fantastic piece of Texas does NOT have any deed restrictions and is away from the FEMA 100 year flood zone. Have fun or make money out of this FULLY furnished brand new resort while you hold the remaining land until the growth catches up to you. This can be a great investment opportunity for you or a group of visionaries for its numerous options such as your personal pleasure, short term rentals, events, outdoor gaming activities etc. We had just received approvals from short term rental and events platforms and are poised to enter the market soon. This 6 bed and 5.5 bath villa is designed in such a way that it can accomodate a decent size event upto ~120 guests in the living area if weather is non-cooperative outdoors. While you explore making the best out of the rentals and events, you can plan to split the raw land into parcels and offer to your closest ones along with incentivizing their stay or events at Sailer Resort. If your plan is to hold for a few more years, then the land value should grow much higher as a reactive market is happening from major residential developments nearby to Universal Studios Resort in the south to Billions of dollars Chip Plants to the east. Do not miss this fantastic opportunity to own a ranch of yours along with creating lifelong memories for your life!
Property Features
Location Information
County
Cooke
Subdivision
Mcelroy JC
Interior Features
Rooms
First Floor Dining Room, First Floor Game Room, First Floor Living Room, First Floor Primary Bedroom
Dining Room Description
20 x 18
Interior
Cathedral Ceiling(s), High Speed Internet, Cable TV
Living Room Description
55 x 30
Master Bedroom Description
10 x 18
Has Fireplace
Yes
Full Baths
5
Number of Fireplaces
1
1/2 Baths
1
Appliances
Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal
Exterior Features
Stories
1
Pool Description
None
Water / Sewer
Septic Available, Water Available, Cable Available
Lot Size in Acres
55.22
Utilities
Septic Available, Water Available, Cable Available
Lot Size in Sq. Ft.
2,405,383
Parking Description
Additional Parking
Is One Story
Yes
Garage Spaces
0
School
Elementary School District
Callisburg ISD
High School
Gainesvill
Elementary School
Chalmers
Additional Information
Property Type
FRM
Status
Active
Property SubType
Farm
Has a Home Owners Association
No
Year Built
2024
Similar Listings
Mortgage Calculator
$15,597
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,035
Monthly Tax
$2,783
Monthly Insurance
$779
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
Real Estate IDX Powered by iHomefinder
