For sale

Price cut: $20K (3/23)

$1,475,000

716 Rocky Ridge Flatts Rd, Gainesville, TX 76240

18beds

8,154sqft

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Triplex, Multi Family, Multi Family

Built in 2009

-- sqft lot

$-- Zestimate^®

$181/sqft

$-- HOA

What's special

Covered porchesGranite countertopsStone backsplashTrey ceilingsCrown moldingMetal roof

THREE TRIPLEXES in a row with gated community, total 9 units well maintained, built 2009, metal roof, covered porches, 2 car carports each, granite countertops, stone backsplash, crown molding, trey ceilings, all appliances including washer and dryer. Approx. 1 hour north of Dallas, 20 minutes from largest Casino in the world-Winstar... Approx. 15 minutes from Gainesville or Sherman, and minutes away from area Lakes. Additional storage built for each unit. Also, it conveys with additional 1.5 acres approximately land to build additional duplexes or triplexes to fetch additional income and increase the property value within the same cost. However, there is an opportunity to buy additional two single-family homes within this gated community for additional price of $175K each (refer MLS# 21122455, 21122456)

194 days

73

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 9
Full bathrooms: 9

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Features

Granite Counters
Flooring: Carpet, Luxury Vinyl Plank, Tile

Interior area

Total structure area: 8,154
Total interior livable area: 8,154 sqft

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Property

Parking

Total spaces: 18
Parking features: Additional Parking, Carport, Garage Faces Front, Garage, Garage Faces Side
Has carport: Yes

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 3.11 Acres

Details

Parcel number: 84844

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family, Multi Family

Materials

Fiber Cement, Other
Foundation: Slab
Roof: Composition

Condition

Year built: 2009

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Oakridge

HOA

Has HOA: No

Location

Region: Gainesville

Financial & listing details

Price per square foot: $181/sqft
Date on market: 12/1/2025
Cumulative days on market: 157 days
Exclusions: Tenant belongings

Estimated market value

Not available

Estimated sales range

Not available

$1,293/mo

Price history

Date	Event	Price
3/23/2026	Price change	$1,475,000-1.3%$181/sqft
Source: NTREIS #21122410 Report a problem
12/1/2025	Listed for sale	$1,495,000$183/sqft
Source: NTREIS #21122410 Report a problem

Public tax history

Tax history is unavailable.

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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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