Exceptional approximately 20 acre ag exempt farm & ranch property in Cooke County offering outstanding build potential, privacy, & functionality, all located on paved FM 902 with convenient access to nearby towns, major highways, & Interstate 35 for easy travel to Fort Worth, Oklahoma City, & surrounding North Texas areas.
Designed with future growth in mind, this versatile acreage features established homesite & shop pads with utilities already in place, including septic system, water, & electrical service with 100 amp panel installed. Whether building a custom residence or expanding operations, the groundwork has already been prepared.
Privacy & security are standout features with a solar powered gated entrance & mature treed fence lines creating a secluded setting where neighboring properties are not visible from most areas of the land. Sandy loam soil provides excellent footing for livestock & horses, making this property well suited for equestrian use with ample space available for the addition of a riding arena.
The property is fully fenced & cross fenced with multiple livestock pens, water to all pastures, & an alleyway system dividing grazing areas for efficient livestock management. A charming approximately 800 square foot farmhouse offers 2 bedrooms, 1 full bathroom, full kitchen, laundry area, & mini split heating & cooling, along with a 2 car covered carport.
Outdoor living is enhanced by a covered patio featuring an outdoor kitchen & firepit, providing an inviting space to relax & enjoy the peaceful surroundings. Additional improvements include a 150 by 20 covered open air barn with six stalls, feed storage, equipment parking, & additional storage space.
A scenic approximately 20 foot deep pond sits in the far south pasture, adding both function & natural beauty. This Cooke County property offers flexibility for livestock, horses, homesteading, or future residential development in a private & highly usable setting.
For sale
Price cut: $50K (5/14)
$1,200,000
10642 Fm 902, Gainesville, TX 76233
2beds
772sqft
Single Family Residence
Built in 1950
19.42 Acres Lot
$-- Zestimate®
$1,554/sqft
$-- HOA
What's special
Laundry areaFull kitchenSolar powered gated entranceWater to all pastures
- 89 days |
- 191 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jessica Self 0792629 903-870-6956,
Texas Homes and Land Real Estate, LLC 903-870-6956
Source: NTREIS,MLS#: 21231611
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 10
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 10 x 10
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 15 x 12
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range
- Laundry: Washer Hookup, Dryer Hookup
Features
- Eat-in Kitchen
- Flooring: Linoleum, Luxury Vinyl Plank
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 772 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Built-in Barbecue, Barbecue
- Pool features: None
- Fencing: Barbed Wire,Cross Fenced,Fenced,Full,Gate,Wire
Lot
- Size: 19.42 Acres
- Features: Acreage
- Residential vegetation: Cleared
Details
- Additional structures: Barn(s)
- Parcel number: 128238
- Horse amenities: Arena, Barn, Hay Storage, Stock Pen(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Board & Batten Siding
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Septic Available, Water Available
Community & HOA
Community
- Security: Security Gate
- Subdivision: Dove Jc
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $1,554/sqft
- Tax assessed value: $432,266
- Annual tax amount: $1,705
- Date on market: 4/10/2026
- Cumulative days on market: 90 days
- Exclusions: Personal Belongings- round pen, working pens & chutes on north side of barn, all farm equipment and animals
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,321/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $1,200,000-4%$1,554/sqft |
Source: NTREIS #21231611 Report a problem | ||
| 4/10/2026 | Listed for sale | $1,250,000$1,619/sqft |
Source: NTREIS #21231611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,523 +120.2% | $411,512 +21.5% |
| 2023 | $4,325 -6% | $338,772 +9.2% |
| 2022 | $4,601 +54.2% | $310,155 +71.1% |
| 2021 | $2,984 | $181,312 +2.7% |
| 2020 | -- | $176,580 +11.9% |
| 2019 | $2,878 +10.6% | $157,785 +5.5% |
| 2018 | $2,603 | $149,601 +12.6% |
| 2017 | $2,603 +37% | $132,881 +58% |
| 2015 | $1,900 +7632.9% | $84,100 |
| 2014 | $25 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76233
Nearby schools
GreatSchools rating
- 5/10Callisburg Elementary SchoolGrades: PK-5Distance: 5 mi
- 5/10Callisburg Middle SchoolGrades: 6-8Distance: 11.1 mi
- 5/10Callisburg High SchoolGrades: 9-12Distance: 11.1 mi
Schools provided by the listing agent
- Elementary: Callisburg
- Middle: Callisburg
- High: Callisburg
- District: Callisburg ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Cooke County
- Collinsville
- 76233
- 10642 Fm 902

