Active

1304 County Road 115 #12

Gainesville, Texas 76240

$2,450,000 $10,329/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

Acres(Lot)

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 out—schedule a viewing today! The quads and 40.4 acres is available for $3,450,000.

Property Details

Property Type : Residential Income

Price : $2,450,000

AD Id : 70495698

MLS Id : 546383217

Beds : 2

Lot Size : 5 Acres

Year Built : 2021

County : Cooke

Subdivision: Fcsl

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Built-in Features,Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Natural Woodwork,Open Floorplan,Walk-In Closet(s)

Appliances

Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan

Utilities

Aerobic Septic,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

Energy

Green Energy: 12 inch+ Attic Insulation

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2021 Building Area Total: 16,242 Construction: Board & Batten Siding Roof Type: Composition
Exterior Features

Covered Patio/Porch,Lighting,RV Hookup

Foundation

Slab

Security Features

Security Lights,Smoke Detector(s)
Fencing

Partial Cross

Construction Materials

Board & Batten Siding

Lot Information

Lot Size (Acr): 5.0000 Lot Size Units: Acres Lot Size Square Feet: 217,800 Lot Size Source: Assessor Lot Features: Acreage,Cleared,Interior Lot,Lrg. Backyard Grass,Many Trees
Property Information

Property Type: Residential Income Property Sub Type: Quadruplex 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 Levels: One Property Age: 5 Year Built Details: Preowned

Listing Price Information

Original List Price: $2,450,000
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

Parking Information

Garage Space: 0 Carport Spaces: 0 Parking: 24 Parking Features: Additional Parking,Common,On Site,Open,Parking Lot
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,City Water,Co-op Electric,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Outside City Limits Green Energy Efficient: 12 inch+ Attic Insulation

Sell a home like this and save $146,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1213 Mill Street #A B, Gainesville, TX, 76240	$520,000	6	6	3,180	3,180 SqFt

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 06/09/2026 @ 07:10

MLS: 546383217 LISTED BY: MISTY SCHMITZ, TIERRA REAL ESTATE 940-736-0548 SOURCE: NTREIS - North Texas Real Estate Information