Property details
About 1304 County Road 115
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!
Highlights
Virtual tour
Summary
- Exterior: Lighting, RV Hookup
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $4,100,000
- Lot: Agricultural, Cleared, Interior Lot, Rolling/Hilly, Many Trees
- 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.
- Year Built: 2021
- Lot Size: 40.4 Acres
- MLS Number: 20945924
- MLS Name: NTR
- Office Name: TIERRA REAL ESTATE
- Office Phone: (940) 665-6730
- Listing Agent: MISTY SCHMITZ
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 7/24/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Whitesboro Intermediate School
Public District 3-5
7.4 mi
•211 N College St
4
Callisburg Elementary School
Public District PK-5
7.7 mi
•648 FM 3164
2
W E Chalmers Elementary School
Public District 2-4
8.6 mi
•600 FM 3092
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,208. Most Gainesville, TX residents have annual incomes less than $<35k. Most families are married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
Frequently asked questions
About 1304 County Road 115
The listing price of 1304 County Road 115 property is $4,100,000.
The property 1304 County Road 115 is land located in Gainesville, Texas, 76240.
Active Listing: 1304 County Road 115 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1304 County Road 115 are: Whitesboro Intermediate School (GreatSchools Rating 5/10), Callisburg Elementary School (GreatSchools Rating 4/10), W E Chalmers Elementary School (GreatSchools Rating 2/10), Callisburg Middle School (GreatSchools Rating 5/10), Walnut Bend Elementary School (GreatSchools Rating 2/10), Whitesboro Middle School (GreatSchools Rating 7/10), Callisburg High School (GreatSchools Rating 6/10), Whitesboro High School (GreatSchools Rating 5/10), Thackerville High School (GreatSchools Rating 6/10).
The property 1304 County Road 115 is 40.4 acres.
The year of construction for 1304 County Road 115 is 2021.
This home is located at 1304 County Road 115 in Gainesville, TX and zip code 76240. Features: 0 bathroom. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $4,100,000.
In June 2025 in Gainesville, TX there were 7.2% more homes for sale than in May. While the average time on the market in June 2025 was 91 days, the median list price was $338,927.