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550 County Road 297 Gainesville, TX $ 2,450,000
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$ 2,450,000 Get more info
550 County Road 297
$ 2,450,000
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550 County Road 297

Gainesville, TX, 76240
$ 2,450,000
Bedrooms6 Baths5.1 Sq 3,870

Monthly Estimate*

$ 15,085

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Single Family Home for sale in Gainesville, TX

for $2,450,000 with 6 bedrooms and 5 full baths, 1 half bath. This 3,870 square foot home was built in 2024 on a lot size of 55.22.

Fantastic investment opportunity in the fast growing Golden North Texas corridor - north of Aubrey and Celina, and east of Lake Kiowa. Sailer Resort is a fully furnished, 55.22 acre estate that is AG exempt with NO deed restrictions and it doesn't lie within a flood zone. This incredible property offers unmatched flexibility for a multitude of event types, investment or personal use. Launched in March 2025, the resort secured a diverse range of bookings through year-end across celebrations, weddings, family reunions, proms, graduations, and corporate retreats prior to any formal marketing being done - indicating a strong market demand for this facility. Features include: a 6-bedroom, 5.5-bath Grand Villa with indoor event space for ~120 guests. An ~4,500 sq ft outdoor event deck for ~240 guests. Outdoor wedding venue for ~330 guests. 12’x20’ cottage storage area with event support gear and a wide variety of indoor and outdoor games for all ages. The remaining 50+ acres of open land offers long-term potential for the owner—expanding the existing facility, ideal for subdividing, group ownership, or holding as development expands from Lake Ray Roberts to Universal Studios to billion-dollar chip plants to the east. Whether you’re seeking a private retreat, a group investment, or an income-generating asset, Sailer Resort delivers lifestyle, cash flow, and appreciation—all in one turn-key opportunity. See resort flyer and 2006 survey in Transaction Desk. Call for an appointment now.

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Single Family Active

Price

$ 2,450,000

Bedrooms

6

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 103

Style

Barndominium

Lot Size

55.22

Year Built

2024

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21139838
Features
Interior
Interior Features Cable TV Available Cathedral Ceiling(s) High Speed Internet Available
Basement Y/N 0
Dining Areas 1
Living Areas 3
Half Baths 1
Total Bedrooms 6
Total Baths 6
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General
Heating Central Heat Pump
Cooling Central Air Electric
Utilities City Water Septic Sewer Not Available Underground Utilities
Possession Closing/Funding
Roof Composition
Appliances Built-in Gas Range Built-in Refrigerator Dishwasher Disposal
current use Agricultural Commercial Investment Resort
Number of Garage Spaces 0
School District Callisburg ISD
Pool Y/N 0
Crops Native
Year Built 2024
Architctural Style Barndominium
Topography Level slightly rolling - cleared
Levels One
Property Subtype Single Family Residence
Subdivision Name Mcelroy Jc
Transaction Type For Sale
Occupant Type Vacant
County Cooke
Property Type Residential
Construction Materials Aluminum Siding
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Survey Available Utility Easement Verify Rollback Tax Verify Tax Exemptions
Full Baths 5
Status Active
Directions Use only Google maps. Apple maps gives incorrect directions.
City Gainesville
Elementary School Name Callisburg
High School Callisburg
Elementary School Callisburg
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional Texas Vet VA Loan
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Cleared Pasture
Lot Size Source Assessor
Parking Features Additional Parking
Lot Size 50 to =< 100 Acres
Structural Style Resort Property
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Lynda Weaver

Listing Agent

Lake & Country Realty, Llc

Broker

Affordability Calculator

$15,094
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,085
Monthly Property Taxes
$9
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/15/2026 $2,450,000 Listed Price

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550 County Road 297, Gainesville, TX, 76240 is a Single Family Home for sale at $2,450,000 with 3,870 sqft and a lot size of 55.22. 550 County Road 297 has 6 bedrooms, 5.1 baths, and was built in 2024. The property's zip code is 76240 which is in Gainesville, TX

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