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Lot/land
    • $3,450,000

    1304 County Road 115, Gainesville, TX 76240

    --beds
    --baths
    40.4Acres
    Improved Land
    Built in 2021
    40.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Investment Opportunity – Three Custom-Built Quadplexes on 40 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, 40 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!
    427 days
    |
    29
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    MISTY SCHMITZ 0487385 940-736-0548,

    TIERRA REAL ESTATE 940-665-6730

    Source: NTREIS,MLS#: 20945924

      Facts & features

      Interior

      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Video & virtual tour

      Property

      Features
      • Patio & porch: Covered
      • Exterior features: Lighting, RV Hookup
      • Fencing: Cross Fenced,Partial Cross
      Lot
      • Size: 40.4 Acres
      • Features: Acreage, Agricultural, Cleared, Interior Lot, Pond on Lot, Rolling Slope, Many Trees
      • Topography: Varied
      Details
      • Parcel number: 9536
      • Zoning description: Unzoned

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Subdivision: Fcsl
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Tax assessed value: $573,480
      • Annual tax amount: $30,301
      • Date on market: 5/23/2025
      • Cumulative days on market: 429 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Road surface type: Asphalt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,340/mo

        Price history

        DateEventPrice
        2/16/2026Price change$3,450,000-15.9%
        Source: NTREIS #20945924 Report a problem
        5/23/2025Listed for sale$4,100,000
        Source: NTREIS #20945924 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,076 +3.5%$573,480 -2.4%
        2023$3,940 -84.2%$587,640 -70.1%
        2022$24,974 +1793.8%$1,962,712 +456.4%
        2021$1,319 $352,762 +27.7%
        2020-- $276,326
        2019$679 +49.9%--
        2018$453 --
        2017$453 -0.9%$200,391
        2015$457 +2.6%$200,391
        2014$445 $200,391 +4181.9%
        2013-- $4,680
        2012-- $4,680
        2011-- $4,680
        2010-- $4,680
        2009-- $4,680 +4.7%
        2008-- $4,470 -98%
        2007-- $220,977
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Get pre-qualified

        Climate risks

        Neighborhood: 76240

        Getting around

        11 / 100
        Car-Dependent
        28 / 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.

        A local agent can set up tours, give advice and negotiate with sellers.

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