$4,100,000

1304 County Road 115 Unit 12 Gainesville, TX 76240

2 beds
2 full
40.4 acres
Multi-Family

Property details

About 1304 County Road 115 Unit 12

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

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size40.4 Acres
Year built2021
ParkingAdditional Parking, Common, On Site, Open, Parking Lot
MLS #20887763

Virtual tour

Summary

  • MLS Number: 20887763
  • MLS Name: NTR
  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: MISTY SCHMITZ

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Last updated on: 4/15/2025, 3:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with central AC and roof with shingles

$4,100,000

1304 County Road 115 Unit 12

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Price information

Property sales

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Tax history

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,208. The most common annual income of people living in Gainesville, TX is less than $<35k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
42%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

This home is located at 1304 County Road 115 Unit 12 in Gainesville, TX and zip code 76240. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $4,100,000.

Between February and March 2025, Gainesville, TX real estate market has seen increase in the number of listings by 13.1%. In March 2025 median list price was $329,649 and the average listing age was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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