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$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

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Basement: No
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank
  • Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Additional Parking, Common, On Site, Open, Parking Lot
  • Exterior: Lighting, RV Hookup
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $4,100,000
  • Lot: Agricultural, Cleared, Interior Lot, Native Plants, 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: 20887763
  • MLS Name: NTR
  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: MISTY SCHMITZ

IDX ©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.


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Last updated on: 7/25/2025, 10:45:31 PM 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

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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. The majority of families are 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

Frequently asked questions

About 1304 County Road 115 Unit 12

The listing price of 1304 County Road 115 Unit 12 property is $4,100,000.

The property 1304 County Road 115 Unit 12 is a multi located in Gainesville, Texas, 76240.

Active Listing: 1304 County Road 115 Unit 12 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1304 County Road 115 Unit 12 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 year of construction for 1304 County Road 115 Unit 12 is 2021.

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.

The number of listings in Gainesville, TX increased by 7.2% between May and June 2025. The median list price of listings available in June 2025 was $338,927, while the average time on the real estate market was 91 days.

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

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