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    15783 Fm 51 Gainesville, TX 76240

    For Sale
    $395,000

    Unimproved Land - Gainesville, TX

    Type:Unimproved Land
    Lot size:
    10.21 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 15783 Fm 51

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    85104
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    10.21 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    KELLER WILLIAMS REALTY (940) 484-9411 [email protected]

    Listing agent Melissa Day (940) 484-9411 License #0611930

    Listing date Nov 25, 2025

    MLS# 20977750 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

    Unrestricted Land in Gainesville, Texas

    This 10.21-acre land parcel, located just outside city limits, offers an opportunity to create a home. The property has existing electricity and a septic system. The location provides rural living near Era ISD. The land has no restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.29205
    Latitude
    33.451197

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    FAQs

    What type of property is this?
    Land - 10.21 acres of unrestricted land ready for your vision.
    Where is this land located?
    The property is located at 15783 Fm 51 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - 10 Unrestricted Acres: Offers freedom to build without limitations; - Electricity On-Site: Reduces initial building costs; - Septic System Ready: Further streamlines building and saves on installation expenses
    (940) 484-9411
    Request Owner's contact information
    15783 Fm 51 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
    15783 Fm 51 Gainesville, TX 76240
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