$4,100,000

1304 County Road 115 Unit 12 Gainesville, TX 76240

Estimated payment $27,115/month

Total Views 6,578
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • 40.4 Acre Lot
  • Granite Countertops
  • RV Hookup
  • Open Floorplan
  • Covered patio or porch

About This Home

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

Last Listed By

Misty Schmitz

TIERRA REAL ESTATE Brokerage Phone: 940-665-6730 License #0487385 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 40.4 Acre Lot
  • Partial crossed fence
  • Native Plants
  • Interior Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Many Trees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Woodwork
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments
  • 12 Inch+ Attic Insulation

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 24 Parking Spaces
  • Common or Shared Parking
  • Additional Parking
  • Open Parking
  • Parking Lot
  • RV Hookup

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

  • Callisburg Elementary And Middle School
  • Callisburg High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Co-Op Electric
  • Electric Water Heater
  • Aerobic Septic System
  • High Speed Internet

Additional Features

  • Outside City Limits
  • Agricultural
  • Horses Allowed On Property

Community Details

  • 3 Buildings
  • 12 Units
  • 16,242 Sq Ft Building
  • Fcsl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9536
  • Tax Block 27
  • $30,301 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Security: Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 252.43197
  • Attribution Contact: 940-665-6730
  • Special Features: None
  • Year Built: 2021

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Built-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Partial Cross
  • Roof: Composition
  • Construction Materials: Board & Batten Siding
  • Exterior Features: Covered Patio/Porch, Lighting, RV Hookup
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 24
  • Parking Features: Additional Parking, Common, On Site, Open, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Aerobic Septic, City Water, Co-op Electric, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits

Condo/Co-op/Association

  • Complex Name: Kilgore Quads
  • Association Type: None

Schools

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

Green Features

  • Green Landscaping: Native Landscape
  • Efficiency: 12 inch+ Attic Insulation
  • Smart Home Features Appor Pass Y: No

Lot Info

  • Lot Features: Acreage, Agricultural, Cleared, Interior Lot, Many Trees, Rolling Slope, Tank/ Pond, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 40.4000
  • Parcel Number: 9536
  • Lot Size Acres: 40.4000
  • Lot Size Sq Ft: 1759824.0000
  • Assessor Parcel Number 2: 9537

Building Info

  • Year Built: 2021
  • Units Total: 12
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 30301
  • Special Taxing Entities: No
  • TaxBlock: 27

Multi Family

  • Tenancy: Lease While on Market, No Smoking, Pet Restrictions, Pets Allowed, Written Application Only
  • Unit Count: 2

MLS Schools

  • Middle School Name: Callisburg
  • Elementary School Name: Callisburg
  • High School Name: Callisburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $4,100,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20887763

North Texas Real Estate Information Systems (NTREIS)

Texas Cooke County Gainesville 76240

1304 County Road 115 Unit 12, Gainesville, TX

This home is located at 1304 County Road 115 Unit 12, Gainesville, TX 76240 and is currently priced at $4,100,000. This property was built in 2021. 1304 County Road 115 Unit 12 is a home located in Cooke County with nearby schools including Callisburg Elementary School, Callisburg Middle School, and Callisburg High School.

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North Texas Real Estate Information Systems (NTREIS) 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 2025. All rights reserved

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Misty Schmitz
Listing Agent
Misty Schmitz
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TIERRA REAL ESTATE
(940) 329-4728