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, an additional 35 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! The quads and 40.4 acres is available for $3,450,000.
For sale
$2,450,000
1304 County Road 115 #12, Gainesville, TX 76240
2beds
16,242sqft
:
Get pre-qualified$19,854/mo
Quadruplex, Multi Family
Built in 2021
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Granite countertopsWide plank tile flooringBreathtaking hilltop viewsCanopy of mature treesFull appliance packageCustom-built quadplexesTranquil rolling landscape
- 236 days |
- 60 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
MISTY SCHMITZ 0487385 940-736-0548,
TIERRA REAL ESTATE 940-665-6730
Source: NTREIS,MLS#: 21125370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Features
- 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
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 16,242
- Total interior livable area: 16,242 sqft
Video & virtual tour
Property
Parking
- Total spaces: 24
- Parking features: Additional Parking, Common, On Site, Open, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting, RV Hookup
- Pool features: None
- Fencing: Partial Cross
Lot
- Size: 5 Acres
- Features: Acreage, Back Yard, Cleared, Interior Lot, Lawn, Native Plants, Many Trees
Details
- Parcel number: 9536
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Board & Batten Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
Green energy
- Energy efficient items: Insulation
Community & HOA
Community
- Security: Smoke Detector(s), Security Lights
- Subdivision: Fcsl
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $30,301
- Date on market: 12/4/2025
- Cumulative days on market: 482 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Price change | $2,450,000-21%$151/sqft |
Source: NTREIS #21125370 Report a problem | ||
| 12/4/2025 | Listed for sale | $3,100,000$191/sqft |
Source: NTREIS #21125370 Report a problem | ||
| 12/1/2025 | Listing removed | $3,100,000$191/sqft |
Source: NTREIS #20887763 Report a problem | ||
| 9/10/2025 | Price change | $3,100,000-24.4%$191/sqft |
Source: NTREIS #20887763 Report a problem | ||
| 3/31/2025 | Listed for sale | $4,100,000$252/sqft |
Source: NTREIS #20887763 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76240
Nearby schools
GreatSchools rating
- 4/10Gainesville Intermediate SchoolGrades: 5-6Distance: 0.2 mi
- 3/10Gainesville Junior High SchoolGrades: 7-8Distance: 2.7 mi
- 3/10Gainesville High SchoolGrades: 9-12Distance: 3.7 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.
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A local agent can set up tours, give advice and negotiate with sellers.
