1304 County Road 115 Gainesville, TX $ 4,100,000
1304 County Road 115
$ 4,100,000
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1304 County Road 115

Gainesville, TX, 76240
$ 4,100,000
Baths0.0

Monthly Estimate*

$ 25,579

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Studio

Lots and Land for sale in Gainesville, TX

for $4,100,000. This property was built in 2021 on a lot size of 40.4.

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!

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Lots and Land Active

Price

$ 4,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 30,301

Style

Improved Land

Lot Size

40.4

Year Built

2021

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

20945924

Features
General
Development Status Unzoned Utilities Installed
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic All Weather Road City Water Co-op Electric Electricity Available Electricity Connected Gravel/Rock Individual Water Meter Outside City Limits
Possession Closing/Funding Negotiable
current use Agricultural Commercial Grazing Multi-Family Pasture Recreational Residential Subdevelopment
Restrictions Agricultural
School District Callisburg ISD
Crops Hardwood Timber Native
Year Built 2021
Property Subtype Improved Land
Subdivision Name Fcsl
Occupant Type Tenant
County Cooke
Property Type Land
HOA Type None
Status Active
Directions Hwy 82 East to FM 678. North on FM 678 to Mc Daniel Left on Mc Daniel and then Right on CR 115. Property is just about.6 of a mile to the North of the Callisburg High School on the Left.
City Gainesville
Elementary School Name Callisburg
High School Callisburg
Elementary School Callisburg
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch Lighting RV Hookup
Lot Features Acreage Agricultural Cleared Interior Lot Many Trees Rolling Slope Tank/ Pond Varied
Fencing Cross Fenced Partial Cross
Lot Size Source Assessor
Lot Size 10 to < 50 Acres
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Internal Only
Street Number 1 1304
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* Excluded Features
List By
MISTY SCHMITZ

Listing Agent

Tierra Real Estate

Broker

Affordability Calculator

$28,104
Per Month
91%
9%
0%
Monthly Principal & Interest
$25,579
Monthly Property Taxes
$2,525
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287804 Elementary School
3678497 Middle School
Pricing History
Date Price Price Change Description
5/23/2025 $4,100,000 Listed Price

Map


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1304 County Road 115, Gainesville, TX, 76240 is a Lots and Land for sale at $4,100,000 with a lot size of 40.4. 1304 County Road 115 is a studio with 0.0 baths and was built in 2021. The property's zip code is 76240 which is in Gainesville, TX