515 County Road 121 Gainesville, TX $ 150,000
515 County Road 121
$ 150,000
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515 County Road 121

Gainesville, TX, 76240
$ 150,000
Bedrooms4 Baths2.0 Sq 1,536

Monthly Estimate*

$ 947

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Single Family Home for sale in Gainesville, TX

for $150,000 with 4 bedrooms and 2 full baths. This 1,536 square foot home was built in 2010 on a lot size of 1.04.

Investor Special! Don’t miss this exceptional opportunity to add value on just over 1 acre in a peaceful rural setting. This property is ideal for investors, flippers, or buyers looking for their next project. The home is partially unfinished and will require additional renovations, but much of the groundwork has already been completed, offering a great head start and keeping the remaining rehab relatively manageable. With just over an acre of land, there’s plenty of room to enjoy the outdoors, add improvements, or simply take advantage of the extra space and privacy. Whether you’re looking to renovate and resell, create a long-term rental, or build equity through updates, this property offers excellent potential. Bring your vision and transform this property into something special!

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Single Family Active

Price

$ 150,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,892

Style

Single Family Residence

Lot Size

1.04

Year Built

2010

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21323342

Features
Interior
Interior Features Open Floorplan
Basement Y/N 0
Dining Areas 0
Living Areas 1
Half Baths 0
Total Bedrooms 4
Total Baths 2
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Exterior
Waterfront 0
Parking Features Additional Parking Driveway
Lot Size 1 to < 3 Acres
Structural Style Single Detached
Garage Y/N 0
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General
Utilities City Water
Possession Closing/Funding
Appliances Dishwasher Disposal
School District Callisburg ISD
Pool Y/N 0
Year Built 2010
Levels One
Property Subtype Single Family Residence
Subdivision Name Williams & Ballard
Transaction Type For Sale
Occupant Type Tenant
County Cooke
Property Type Residential
HOA Type None
Full Baths 2
Status Active
Directions From Gainesville take US-82 East to FM 678. Turn left onto FM 678 then turn right onto County Road 121. Continue on County Road 121 to 515 County Road 121. The property will be on your right. Please
City Gainesville
Elementary School Name Callisburg
High School Callisburg
Elementary School Callisburg
Standard Status Active
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Tre Justice

Listing Agent

Exp Realty

Broker

Affordability Calculator

$1,105
Per Month
86%
14%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/8/2026 $150,000 Listed Price

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515 County Road 121, Gainesville, TX, 76240 is a Single Family Home for sale at $150,000 with 1,536 sqft and a lot size of 1.04. 515 County Road 121 has 4 bedrooms, 2.0 baths, and was built in 2010. The property's zip code is 76240 which is in Gainesville, TX