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229 Southside Drive Gainesville, TX $ 775,000
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229 Southside Drive
$ 775,000
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229 Southside Drive

Gainesville, TX, 76240
$ 775,000
Bedrooms3 Baths2.1 Sq 2,251

Monthly Estimate*

$ 4,772

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Single Family Home for sale in Gainesville, TX

for $775,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,251 square foot home was built in 2006 on a lot size of 0.8174.

This exceptional lakeview property offers the perfect blend of lifestyle & investment potential. Designed for comfortable full-time living or effortless second-home enjoyment, it delivers the peace, views, and outdoor access that make lake living so desirable. Beyond being a beautiful place to call home, the property has a proven track record as a high-performing short-term rental. Successfully operated as an Airbnb house for multiple years, it boasts an outstanding 4.95 star guest rating, demonstrating consistent demand, strong reviews, & reliable income history. Adding even more value, the property includes an additional barn that presents a unique opportunity for supplemental rental income-whether used for storage rentals, event space, or creative income-producing possibilities (subject to buyer use & local regulations). Whether you're looking for a serene lakeside residence, a turnkey short-term rental, or a hybrid lifestyle-investment property, this home checks every box with location, performance, & future income potential.

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Single Family Active

Price

$ 775,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,173

Style

Traditional

Lot Size

0.8174

Year Built

2006

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21190980
Features
Interior
Interior Features Built-in Features Cathedral Ceiling(s) Decorative Lighting Double Vanity Flat Screen Wiring Granite Counters High Speed Internet Available Kitchen Island Loft Natural Woodwork Open Floorplan Walk-In
Flooring Ceramic Tile Hardwood
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 3
Total Baths 3
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General
Heating Central Electric Fireplace(s) Propane
Cooling Attic Fan Ceiling Fan(s) Electric
Utilities Aerobic Septic All Weather Road Co-op Electric Co-op Water Community Mailbox Outside City Limits Propane
Possession Closing/Funding
Roof Metal
Appliances Dishwasher Electric Oven Gas Cooktop Microwave Double Oven Refrigerator
Assoc Fees 700
Number of Garage Spaces 2
Restrictions Deed
School District Sivells Bend ISD
HOA Fee Includes Management Fees
Pool Y/N 0
Exclusions Chandelier in Dining area does not stay
Year Built 2006
Architectural Style Traditional
Levels Two
Property Subtype Single Family Residence
Subdivision Name Whispering Hills
Transaction Type For Sale
Occupant Type Owner
County Cooke
Property Type Residential
Construction Materials Cedar Rock/Stone
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type Mandatory
Full Baths 2
Status Active
Directions Use GPS or from Gainesville I-35 to Hwy 82 West North on FM 1201 approx. 8 miles left on Chaparral. Continue on Chaparral across small bridge. At top of hill turn left on Southside. Property on your
City Gainesville
Elementary School Name Sivells Bend
High School Muenster
Elementary School Sivells Bend
Standard Status Active
Listing Terms Cash Conventional FHA Texas Vet VA Loan
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Exterior
Waterfront 0
Exterior Features Courtyard Covered Courtyard Covered Deck Covered Patio/Porch Fire Pit Gas Grill Rain Gutters Lighting Outdoor Grill Outdoor Kitchen Outdoor Living Center RV/Boat Parking Storm Cellar
Lot Features Acreage Landscaped Many Trees Rolling Slope Sprinkler System Water/Lake View
Vegetation Partially Wooded
Fencing Fenced Wood
Garage Length 23
Garage Width 20
Other Structures Workshop w/Electric
Parking Features Additional Parking Garage Door Opener Garage Faces Side Garage Single Door Inside Entrance Oversized Storage
Lot Size .5 to < 1 Acre
Foundation Pillar/Post/Pier
Structural Style Lake House Resort Property Single Detached Vacation Home
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 229
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* Excluded Features
List By
RITA GREER

Listing Agent

Re/Max First Realty

Broker

Affordability Calculator

$5,203
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$431
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
4019080 Elementary School
5136340 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/26/2026 $775,000 Listed Price

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229 Southside Drive, Gainesville, TX, 76240 is a Single Family Home for sale at $775,000 with 2,251 sqft and a lot size of 0.8174. 229 Southside Drive has 3 bedrooms, 2.1 baths, and was built in 2006. The property's zip code is 76240 which is in Gainesville, TX

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