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    0000 Crk 121 Gainesville, TX 76240

    For Sale
    $699,000

    Unimproved Land - Gainesville, TX

    Type:Unimproved Land
    Lot size:
    51.96 Acres
    Days on Market:
    207
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 0000 Crk 121

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    9215
    Lot size
    51.96 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    Lake & Country Realty, LLC (903) 267-2218

    Listing agent Michele Smith (940) 580-2240 License #0696334

    Listing date May 16, 2025

    MLS# 20936990 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    52 Acre Ranching Oasis

    This property offers almost 52 acres of land suitable for establishing a cattle or horse ranch. Located off the main road via a private drive, the land provides a peaceful environment. A portion of the property lies within a 100-year flood plain, which is suitable for cattle and ranching purposes. The lush grass and low-lying areas facilitate hay harvesting for winter. Over 80 percent of the property is above the flood plain, offering a location to build a home overlooking the rolling hills where cattle and horses can graze. There are no known building restrictions. The property is located minutes from Highway 82. There is a lease near the front of the property with Peterson Oil Company that has light traffic occasionally. The lease has no expiration date and oil and mineral rights do not convey to the Buyer.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.029512
    Latitude
    33.680521

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    FAQs

    What type of property is this?
    Ranch - Unimproved land ideal for cattle or horse ranching.
    Where is this ranch located?
    The property is located at 0000 Crk 121 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Almost 52 acres of land ideal for cattle or horse ranching.; - Over 80% of the property is buildable and above the 100-year flood plain.; - Lush and abundant grass suitable for grazing and hay harvesting.
    (940) 580-2240
    Request Owner's contact information
    0000 Crk 121 Gainesville, TX 76240
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    Gainesville, TX 76240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Crk 121 Gainesville, TX 76240
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