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1304 County Road 115

Gainesville, Texas 76240
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Acres40.40

Acres(Lot)

Prime Investment Opportunity – Three Custom-Built Quadplexes on 40 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, 40 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 co mmunity, this property is a versatile and lucrative opportunity in a rapidly growing area. Don’t miss out—schedule a viewing today!

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Detail Ic Property Details

Property Type : Land

Price : $3,450,000

AD Id : 64932777

MLS Id : 455748007

Lot Size : 40.40 Acres(Lot)

County : Cooke

Subdivision: Fcsl

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Feature Features

  • Utilities

    Aerobic Septic,All Weather Road,City Water,Co-op Electric,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Outside City Limits
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

  • Building Information

    Built Year: 2021
  • Exterior Features

    Covered Patio/Porch,Lighting,RV Hookup
  • Fencing

    Cross Fenced,Partial Cross

  • Lot Information

    Lot Size (Acr): 40.4000 Lot Size Units: Acres Lot Size Square Feet: 1,759,824 Lot Size Source: Assessor Lot Features: Acreage,Agricultural,Cleared,Interior Lot,Many Trees,Rolling Slope,Tank/ Pond,Varied
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: Fcsl City: Gainesville State: Texas Directions: Hwy 82 East to FM 678. North on FM 678 to Mc Daniel, Left on Mc Daniel and then Right on CR 115. Property is just about.6 of a mile to the North of the Callisburg High School on the Left. Property Status: Active Property Age: 5

  • Listing Price Information

    Original List Price: $3,450,000
  • Listing Information

    Possession: Closing/Funding,Negotiable

  • Tax Information

    Parcel Number: 9536 Tax Block: 27 Tax Legal Description: FCSL 1248 BLOCK 27 ACRES 5.0 Unexempt Taxes: $30,301

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Callisburg Middle School: Callisburg High School: Callisburg School District: Callisburg ISD
  • Utility Information

    Utilities: Aerobic Septic,All Weather Road,City Water,Co-op Electric,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Outside City Limits
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 3 Cr 297, Gainesville, TX, 76240 $83,500 -- -- -- 1 Acre(Lot)
445 County Road 2184, Gainesville, TX, 76240 $240,000 -- -- -- 4.59 Acres(Lot)
200 The Oil Road, Gainesville, TX, 76240 $105,000 -- -- -- 1.49 Acres(Lot)
2180 County Road 237 #237, Gainesville, TX, 76240 $399,000 -- -- -- 13 Acres(Lot)
TBD Us Hwy 82, Gainesville, TX, 76240 $891,891 -- -- -- 6.30 Acres(Lot)
134 Blackfoot Trail, Gainesville, TX, 76240 $975,000 -- -- -- 0.43 Acre(Lot)
321 County Road 211 Road, Gainesville, TX, 76240 $1,399,900 3 3 2,366 61.04 Acres(Lot)
1302 Kiowa Drive W, Gainesville, TX, 76240 $159,000 -- -- -- 0.40 Acre(Lot)
771 County Road 121, Gainesville, TX, 76240 $229,000 -- -- -- 4.93 Acres(Lot)
7803 E Us Hwy 82, Gainesville, TX, 76240 $3,099,000 -- -- -- 30.99 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/19/2026 @ 15:38

MLS: 455748007 LISTED BY: MISTY SCHMITZ, TIERRA REAL ESTATE 940-736-0548 SOURCE: NTREIS - North Texas Real Estate Information

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