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Lot/land
    • Price cut: $79K (5/16)
    $1,470,000

    1397 County Road 338, Gainesville, TX 76240

    --beds
    --baths
    24Acres
    Unimproved Land
    Built in 2016
    24 Acres Lot
    $1,458,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Wide-open viewsExpansive pastureland
    Experience the freedom and potential of 25 acres of open North Texas land, perfectly suited for ranching, livestock, equestrian use, or building out your dream country estate. With expansive pastureland and wide-open views, this property offers endless opportunities to create a custom setup tailored to your needs—whether that’s horses, cattle, additional structures, or simply room to roam. The land is complemented by a 3-stall barn with covered trailer parking and a large shop with concrete floors and electricity, making it functional and ready for agricultural or recreational use from day one. A custom-built home sits on the property, offering over 3,600 square feet of living space with an open-concept layout, flexible living areas, and thoughtfully designed features for everyday comfort. While the home provides a strong foundation, the true value lies in the acreage and its versatility.
    101 days
    |
    68
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kinzey Dumas 0806680 972-382-8882,

    Keller Williams North Country 972-382-8882,

    Melanie Chatterton 0667048 214-850-4519,

    Keller Williams Prosper Celina

    Source: NTREIS,MLS#: 21231026

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 24 Acres
      • Features: Acreage, Agricultural, Back Yard, Cleared, Lawn, Landscaped, Pasture, Pond on Lot, Few Trees
      • Residential vegetation: Cleared, Grassed
      Details
      • Parcel number: 140150
      • Zoning description: N/A
      • Horses can be raised: Yes

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Well
      • Utilities for property: Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Yarborough Pg
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Tax assessed value: $642,115
      • Annual tax amount: $205
      • Date on market: 4/13/2026
      • Cumulative days on market: 107 days
      • Exclusions: Chicken Coop near the front of the property.
      • Road surface type: Gravel

        Estimated market value

        $1,458,900

        $1.39M - $1.53M

        $4,367/mo

        Price history

        DateEventPrice
        5/16/2026Price change$1,470,000-5.1%
        Source: NTREIS #21231026 Report a problem
        3/18/2026Price change$1,549,000-3.1%
        Source: NTREIS #21139769 Report a problem
        1/15/2026Listed for sale$1,599,000-5.7%
        Source: NTREIS #21139769 Report a problem
        10/13/2025Listing removed$1,695,000
        Source: NTREIS #21031737 Report a problem
        8/15/2025Listed for sale$1,695,000
        Source: NTREIS #21031737 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,344 +11.6%$624,774 +10%
        2023$7,475 -4.6%$567,976 +10%
        2022$7,831 -0.4%$516,342 +10%
        2021$7,862 $469,402 +10%
        2020-- $426,729 +10%
        2019$6,982 +1.9%$387,935 +9.9%
        2018$6,855 $353,083 +0.9%
        2017$6,855 -3.2%$349,783 +2.1%
        2015$7,083 +12.5%$342,593 +0.8%
        2014$6,295 $339,769
        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.
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        Climate risks

        Neighborhood: 76240

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Era
        • Middle: Era
        • High: Era
        • District: Era 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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