$4,100,000

40.4± Acres

Active

Cooke County, TX

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1304 County Road 115, Gainesville, Texas

MLS ID: 20887763

Status: Active

Price: $4,100,000

Acres: 40.4±

Type: Fourplex, Residential

Address: 1304 County Road 115

City, State: Gainesville, TX

County: Cooke County

ZIP Code: 76240

Lat/Long: 33.718411, -97.014717

Parcel Number: 9536

Bedrooms: 2

Bathrooms: 2

Year Built: 2021

Description

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!

Directions: Hwy 82 East to FM 678. North on FM 678 to Mc Daniel, Left on Mc Daniel and then Right on CR 115. Property is just about.6 of a mile to the North of the Callisburg High School on the Left.

Additional Information

Interior

Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan

Bathrooms Full: 2

Building Area Total: 16,242

Cooling (Yes/no): Yes

Cooling: Central Air, Ceiling Fans, Electric

Flooring: Ceramic Tile, Luxury Vinyl Plank

Heating (Yes/no): Yes

Heating: Central, Electric

Interior Features: Built In Features, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Natural Woodwork, Walk In Closets

Exterior

Exterior Features: Lighting, Rv Hookup

Fencing: Partial Cross

Foundation Details: Slab

Lot Features: Acreage, Agricultural, Cleared, Interior Lot, Native Plants, Pond On Lot, Rolling Slope, Many Trees

Lot Size Area: 40

Lot Size Source: Assessor

Lot Size Square Feet: 1,759,824

Open Parking: Yes

Parking Features: Additional Parking, Common, On Site, Open, Parking Lot

Parking Total: 24

Patio and Porch Features: Covered

Road Surface Type: Gravel

Roof: Composition

Stories: 1

Water Source: Public

Window Features: Window Coverings

Financial/HOA/Schools

Elementary School: Callisburg

Elementary School District: Callisburg ISD

Middle School: Callisburg

Middle School District: Callisburg ISD

High School: Callisburg

High School District: Callisburg ISD

Subdivision Name: Fcsl

Tax Annual Amount: 30301

Extra Information

Documents Available: Aerial, Survey

Green Energy Efficient: Insulation

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20887763

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 30, 2025 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 30, 2025 at 12:00:00 PM UTC

Listed By: Misty Schmitz of Tierra Real Estate