550 County Road 297
Gainesville, Texas 76240
6
Bed
6
Bath
3,870Sqft
55.22Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 5.5 Full Baths: 5 Half Baths: 1 -
Interior Features
Cable TV Available,Cathedral Ceiling(s),High Speed Internet AvailableAppliances
Built-in Gas Range,Built-in Refrigerator,Dishwasher,DisposalUtilities
City Water,Septic,Sewer Not Available,Underground Utilities -
Cooling Features
Central Air,ElectricHeating Source
Central,Heat PumpFireplace
Number of Fireplaces: 1 Fireplace Features: Decorative
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Building Information
Built Year: 2024 Construction: Aluminum Siding Roof Type: Composition -
Security Features
Smoke Detector(s) -
Patio And Porch
DeckConstruction Materials
Aluminum Siding
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Lot Information
Lot Size (Acr): 55.2200 Lot Size Units: Acres Lot Size Square Feet: 2,405,383 Lot Size Source: Assessor Lot Features: Acreage,Agricultural,Cleared,Pasture -
Property Information
SQ ft (Living Area): 3,870 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Barndominium Subdivision: Mcelroy Jc City: Gainesville State: Texas Directions: Use only Google maps. Apple maps gives incorrect directions. Property Status: Active Levels: One Property Age: 2 Year Built Details: Preowned
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Listing Price Information
Original List Price: $2,340,000 List Price Tot SqFt: $605 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 87373 Tax Legal Description: MCELROY JC 0711 ACRES 54.22;MCELROY JC 0711 ACRE 1 Unexempt Taxes: $103
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Parking Information
Garage Space: 0 Carport Spaces: 5 Parking Features: Additional Parking -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Callisburg Middle School: Callisburg High School: Callisburg School District: Callisburg ISD -
Utility Information
Utilities: City Water,Septic,Sewer Not Available,Underground Utilities
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3323 Fm 3164, Gainesville, TX, 76240 | $535,000 | 4 | 2 | 1,939 | 1,939 SqFt |
| 3325 Fm 3164, Gainesville, TX, 76240 | $565,000 | 4 | 3 | 2,148 | 2,148 SqFt |
| 8016 E Us Hwy 82, Gainesville, TX, 76240 | $5,855,000 | 3 | 5 | 1,782 | 1,782 SqFt |
| 3508 Helena Street, Gainesville, TX, 76240 | $329,900 | 3 | 2 | 1,860 | 1,860 SqFt |
| 3506 Helena Street, Gainesville, TX, 76240 | $329,900 | 4 | 2 | 1,939 | 1,939 SqFt |
| 3504 Helena Street, Gainesville, TX, 76240 | $296,900 | 4 | 2 | 1,656 | 1,656 SqFt |
| 89 Park Lane, Gainesville, TX, 76240 | $339,000 | 3 | 2 | 1,807 | 1,807 SqFt |
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ByOwner last updated this listing 07/18/2026 @ 11:25
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