$450,000

1546 County Road 123, Gainesville, TX 76240

  • 5 beds |
  • 3 baths |
  • 2,256 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon3.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $199/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Peaceful country acreage lot with 2 income producing homes just minutes from Gainesville. This charming property offers the best of both worlds—quiet country living with convenient access to town, major highways, and shopping. This property would be ideal for a custom home site at the back while maintaining an income producing property at the road frontage. The homes are located on a spacious lot with a small pond, a 1200SF barn and small storage structures, mature trees at the back, partially fenced, and separate driveway access for the homes. Home at the front of the property is a 2 bedroom pier and beam, with a recent laundry room slab addition. Home at the rear is a manufactured home with 3 bedrooms and tenant provides all maintenance and repairs at current lease rate. Located in Cooke County, this property has no city taxes, provides easy access to Gainesville schools, dining, and amenities, while still delivering the privacy and tranquility of country living. Each home has separate meters for water and electric service. With its blend of space and potential, this property is ideal for those seeking rental income with potential for future development or a future acreage homesite.

Listing Status:
Active
Listing Office:
Talley and Company, LTD : 254-718-6791
Listing Agent:
Terri Mccutcheon : 972-978-7477
MLS ID:
21059888
  • General: High Speed Internet
  • Appliances: Electric Range
  • Flooring: Linoleum
  • A/C: Central AirCeiling Fan(s)ElectricWindow Unit(s)
  • Heating: Central
  • Fireplace: OtherFireplaceFireplaces: 1
  • Pool: None
  • Parking: Additional ParkingAggregateCircular DrivewayDrivewayOn SiteOpenParking spaces: 0
  • Roofing: Composition
  • General: Aluminum Siding1Pillar/Post/PierSlab
  • Originating MLS: NTR
  • School District: Gainesville ISD
  • County: Cooke
  • Zoning: FRENCH M 0380 ACRES 3.291 LABEL# MD*0007096 C25657
  • Fencing: Barbed WirePartialPipe
  • Utilities: Septic AvailableWater Available
  • Water: Community/Coop
  • Sewer: Aerobic Septic
  • Source: NTR

This listing courtesy of Terri Mccutcheon, Talley and Company, LTD

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W E Chalmers Elementary School

600 FM 3092, Gainesville, TX, 76240

Grades 2-4

2.63 miles away

G

Gainesville Jr High School

1201 S Lindsay St, Gainesville, TX, 76240

Grades 7-8

4.75 miles away

G

Gainesville High School

2201 S Interstate 35, Gainesville, TX, 76240

Grades 9-12

5.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.