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    1546 County Rd, Unit 123 Gainesville, TX 76240

    For Sale
    $450,000

    Multiple Single Units - Gainesville, TX

    Lot size:
    3.29 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 1546 County Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    25657
    Parking features
    Driveway, Open
    Interior features
    High Speed Internet Available
    Exterior features
    Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Range
    Lot size
    3.29 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Multi Units, Window Unit(s)

    Building Details

    Year built
    1998
    Floors in Building
    1
    Flooring type
    Linoleum
    Building materials
    Aluminum Siding
    Roof type
    Composition
    Architectural style
    Other

    Talley and Company, LTD (254) 718-6791

    Listing agent Terri Mccutcheon (940) 310-6218 License #0643865

    Listing date Sep 27, 2025

    MLS# 21059888 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

    Income-Producing Homes on Country Acreage

    This property features a 3.291-acre lot in a peaceful country setting near Gainesville, Cooke County, Texas. It includes two income-producing homes and offers convenient access to town, major highways, and shopping. The property is suitable for a custom home site while maintaining an income-producing property at the road frontage. The homes are situated on a spacious lot with a small pond, a 1200-square-foot barn, and small storage structures. Mature trees are located at the back of the property, which is partially fenced and has separate driveway access for each home. The front home is a 2-bedroom pier and beam structure with a recent laundry room slab addition. The rear home is a 3-bedroom manufactured home. The tenant in the rear home provides all maintenance and repairs at the current lease rate. Located in Cooke County, the property has no city taxes and provides easy access to Gainesville schools, dining, and amenities, while offering the privacy and tranquility of country living. Each home has separate meters for water and electric service. The property is ideal for those seeking rental income with potential for future development or a future acreage homesite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.06870312
    Latitude
    33.64162945

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    FAQs

    What type of property is this?
    Single family property - Two homes on acreage near Gainesville, offering income and development potential.
    Where is this single family property located?
    The property is located at 1546 County Rd, Unit 123 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Two income-producing homes offer immediate rental income.; - Large acreage lot provides space for a custom home site.; - Minutes from Gainesville, offering easy access to amenities and major highways.
    (940) 310-6218
    Request Owner's contact information
    1546 County Rd, Unit 123 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
    1546 County Rd, Unit 123 Gainesville, TX 76240
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