$2,450,000
 $13,911 est/mo Sourced by Back At You

1304 County Road 115 12,Gainesville, TX 76240

Gainesville, TX 76240

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Description

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, an additional 35 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 outschedule a viewing today! The quads and 40.4 acres is available for $3,450,000.

Details

MLS #21125370
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year2021
Days On Site259
Listing Provided ByTIERRA REAL ESTATE | MISTY SCHMITZ

Features

Bed(s)2
Bath(s) 2 Total
Story(s)1
Units2
Building(s)3
Acreage5.00

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric
Interior FeaturesBuilt-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan

Exterior

Exterior FeaturesCovered Patio/Porch, Lighting, RV Hookup
RoofComposition
Security FeaturesSecurity Lights, Smoke Detector(s)
Construction MaterialsBoard & Batten Siding
Foundation DetailsSlab
Lot FeaturesAcreage, Cleared, Interior Lot, Lrg. Backyard Grass, Many Trees

Parking

Garage Yn0
Attached Garage Yn0
Parking FeaturesAdditional Parking, Common, On Site, Open, Parking Lot

Utilities

UtilitiesAerobic Septic, City Water, Co-op Electric, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits

Taxes

Unexempt Taxes30301
Tax Block27
Tax Legal DescriptionFCSL 1248 BLOCK 27 ACRES 5.0

Area Information

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameFcsl
School DistrictCallisburg ISD
Elementary SchoolCallisburg
High SchoolCallisburg
Listing VS Median (in Fcsl)
Price:
$2,450,000
low | high
Med:
$459,500
100% of Average
On site:
259
low | high
Med:
38
100% of Average
Sourced by Back At You

Market Activity 76240

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameFcsl
School DistrictCallisburg ISD
Elementary SchoolCallisburg
High SchoolCallisburg
Listing VS Median (in Fcsl)
Price:
$2,450,000
low | high
Med:
$459,500
100% of Average
On site:
259
low | high
Med:
38
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.837M - $3.62M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1304 County Road 115 Property Photo 1
$3,450,000
1304 County Road 115
Gainesville, TX 76240
Listing Updated: July 29, 2026 at 5:00:36 PM PDT