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For sale
  • Price cut: $50K (5/14)
    $1,200,000

    10642 Fm 902, Gainesville, TX 76233

    2beds
    772sqft
    : 
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    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
    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.
    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

        DateEventPrice
        5/14/2026Price change$1,200,000-4%$1,554/sqft
        Source: NTREIS #21231611 Report a problem
        4/10/2026Listed for sale$1,250,000$1,619/sqft
        Source: NTREIS #21231611 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 76233

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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