$3,100,000
$1M PRICE DROP

1304 County Road 115 Unit 12 Gainesville, TX 76240

Estimated payment $18,848/month

Total Views 8,788
2 Beds
2 Baths
16,242 Sq Ft
$191 Price per Sq Ft

Highlights

  • RV Hookup
  • Granite Countertops
  • Covered Patio or Porch
  • Open Floorplan
  • Lawn
  • Eat-In Kitchen

About This Home

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, 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!

Listing Agent

Misty Schmitz

TIERRA REAL ESTATE Brokerage Phone: 940-665-6730 License #0487385 Listed on: 03/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,301

Year Built

  • Built in 2021

Lot Details

  • 5 Acre Lot
  • Partial crossed fence
  • Native Plants
  • Interior Lot
  • Cleared Lot
  • Many Trees
  • Lawn
  • Back Yard

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

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

  • Common or Shared Parking
  • Additional Parking
  • On-Site Parking
  • Open Parking
  • Parking Lot
  • RV Hookup

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Callisburg Elementary School
  • Callisburg High School

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 9536
  • Tax Block 27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,301

Year Built

Built in 2021

Lot Details

0

Listing Details

  • OWNERNAME: Kilgore
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Security: Smoke Detector(s), Security Lights
  • Year Built Details: Preowned
  • Attribution Contact: 940-665-6730
  • Co List Office Mls Id: SCHZ00TO
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48097:9536
  • Special Features: VirtualTour
  • Year Built: 2021

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Natural Woodwork, 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

  • Foundation: Slab
  • Fencing: Partial Cross
  • Roof: Composition
  • Construction Materials: Board & Batten Siding
  • Exterior Features: Lighting, RV Hookup
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered
  • RoadSurfaceType: Gravel

Garage/Parking

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

Utilities

  • Sewer: Aerobic Septic
  • Heating: Central, Electric
  • Utilities: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Callisburg
  • High School: Callisburg
  • Junior High Dist: Callisburg ISD

Green Features

  • Efficiency: Insulation

Lot Info

  • Lot Features: Acreage, Back Yard, Cleared, Interior Lot, Lawn, Native Plants, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 5.0
  • Parcel Number: 9536
  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0

Building Info

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

Tax Info

  • TaxBlock: 27
  • Tax Annual Amount: 30301.0

MLS Schools

  • MiddleOrJuniorSchool: Callisburg

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2025 09/10/25 Price Changed $3,100,000 -24.4% $191 / Sq Ft
03/31/2025 03/31/25 For Sale $4,100,000 -- $252 / Sq Ft
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

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes
Misty Schmitz
Listing Agent
Misty Schmitz
Section Image
TIERRA REAL ESTATE
(940) 329-4728