$891,000

WpLot003 Cr 218 Gainesville, TX 76240

Estimated payment $5,615/month

40.5 Acres
$22,000 Price per Acre
1,764,180 Sq Ft Lot

About This Lot

Located in Cooke County just minutes from Gainesville, this 40.5 acre property offers a rare combination of location, usability, and long-term investment potential in North Texas. Positioned only 2 miles from I-35 and approximately 6 miles from downtown Gainesville, the property provides excellent access while maintaining a quiet rural setting that appeals to buyers seeking space and flexibility.

The land is predominantly open pasture, making it well-suited for cattle grazing, horses, or agricultural use. The property is currently ag exempt, helping reduce annual property taxes and making it attractive for both investors and landowners looking to maintain agricultural operations. A stocked pond adds both visual appeal and functional value, providing a water source for livestock and opportunities for fishing and recreation.

This tract features approximately 1,200 feet of county road frontage, offering strong accessibility and multiple entry points. The extensive frontage also enhances the property's potential for subdivision or future development. With no known floodplain and no restrictions in place, buyers have the flexibility to design and utilize the land according to their specific goals, whether building a custom country home, establishing a small ranch, or exploring development opportunities.

Utilities are conveniently located nearby, including access to electricity and water, which simplifies the process of building and reduces upfront infrastructure costs. The level to gently rolling terrain allows for easy site preparation and supports a variety of uses, from residential construction to agricultural improvements.

The location is a key highlight, with proximity to major transportation routes including I-35 and Highway 82, approximately 10 miles away. This makes commuting to larger markets such as Denton or the Dallas-Fort Worth metroplex more convenient while still enjoying the benefits of rural living in Cooke County.

Outdoor enthusiasts will appreciate the open space and potential for recreational activities such as horseback riding, ATV use, and light hunting. The pond and pasture setting create an ideal environment for enjoying the outdoors year-round.

Whether you are looking to build a private country estate, establish a working livestock property, or invest in land with development potential near a growing area, this 40.5-acre tract near Gainesville offers versatility and long-term value in a highly desirable North Texas location.

DETAILS
- Pasture acreage

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

Listing Agent

Corey Baumann

Whitetail Properties Real Estate Listed on: 04/15/2026

Listing Provided By

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Office Phone: 469-714-7716
  • Listing Website: https://www.land.com/property/40.5-acres-in-cooke-county-texas/26954459/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 For Sale $891,000 -- --
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