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1304 County Road 115 # 12 Gainesville, TX $ 3,100,000
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1304 County Road 115 # 12
$ 3,100,000
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1304 County Road 115 # 12

Gainesville, TX, 76240
$ 3,100,000
Bedrooms12 Baths12.0

Monthly Estimate*

$ 19,340

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Multi-Family Home for sale in Gainesville, TX

for $3,100,000 with 12 bedrooms and 12 full baths. This home was built in 2021 on a lot size of 5.

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, 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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Multi-Family Active

Price

$ 3,100,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 30,301

Style

Quadruplex

Lot Size

5

Year Built

2021

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21125370
Features
Interior
Interior Features Built-in Features Decorative Lighting Eat-in Kitchen Granite Counters High Speed Internet Available Kitchen Island Natural Woodwork Open Floorplan Walk-In Closet(s)
Flooring Ceramic Tile Luxury Vinyl Plank
Basement Y/N 0
Occupancy Rate 100
Total Units 12
Half Baths 0
Total Bedrooms 2
Total Baths 2
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General
Heating Central Electric
Complex Name Kilgore Quads
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic City Water Co-op Electric Electricity Available Electricity Connected Gravel/Rock Individual Water Meter Outside City Limits
Possession Closing/Funding Negotiable
Roof Composition
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator Vented Exhaust Fan
Number of Garage Spaces 0
School District Callisburg ISD
Pool Y/N 0
Year Built 2021
Levels One
Unit Number 12
Property Subtype Quadruplex
Subdivision Name Fcsl
Occupant Type Tenant
County Cooke
Property Type Residential Income
Construction Materials Board & Batten Siding
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
# of Buildings 3
Full Baths 2
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 Cleared Interior Lot Lrg. Backyard Grass Many Trees
Fencing Partial Cross
Lot Size Source Assessor
Parking Features Additional Parking Common On Site Open Parking Lot
Lot Size 3 to < 5 Acres
Foundation Slab
Building Area Total 16242.00
Garage Y/N 0
Attached Garage Y/N 0
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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

$21,865
Per Month
88%
12%
0%
Monthly Principal & Interest
$19,340
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
See complete school information
Pricing History
Date Price Price Change Description
12/4/2025 $3,100,000 Listed Price

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1304 County Road 115 # 12, Gainesville, TX, 76240 is a Multi-Family Home for sale at $3,100,000 with a lot size of 5. 1304 County Road 115 # 12 has 12 bedrooms, 12.0 baths, and was built in 2021. The property's zip code is 76240 which is in Gainesville, TX

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