$3,551

closing credit¹

2289 County Road 131 A,B,C,D Gainesville, TX 76240

$299,000
2.1 acres
Multi-Family

Property details

About 2289 County Road 131 A,B,C,D

Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
CoolingOther
Lot size2.14 Acres
Year built2023
MLS #20755526

Virtual tour

Summary

  • MLS Number: 20755526
  • MLS Name: NTR
  • Office Name: RE/MAX FIRST REALTY
  • Office Phone: (940) 665-0376
  • Listing Agent: Trisha Villa

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Last updated on: 2/7/2025, 6:20:53 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 house with a front lawn

$299,000

2289 County Road 131 A,B,C,D

$3,551

closing credit¹

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0.5% sale price²

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

2

W E Chalmers Elementary School

Public District 2-4

4.1 mi

600 FM 3092

3

Callisburg Elementary School

Public District PK-5

7.0 mi

648 FM 3164

7

Lindsay Elementary School

Public District PK-6

8.1 mi

625 Knight Dr

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 majority of Gainesville, TX residents have income less than $<35k annually. Most families are married, no kids. Most residents in this area 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 2289 County Road 131 A,B,C,D in Gainesville, TX and zip code 76240. Features: 0 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $299,000.

The inventory of homes for sale in Gainesville, TX between December and January 2025 increased by 11.4%. The median list price of listings available in January 2025 was $320,995, while the average time on the real estate market was 93 days.

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

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