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    2399 County Road 147 Gainesville, TX 76240

    For Sale
    $600,000

    Unimproved Land - Gainesville, TX

    Type:Unimproved Land
    Lot size:
    5.00 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 2399 County Road 147

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    714
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1979
    Roof type
    Composition
    Architectural style
    Other

    Century 21 Premiere Properties (940) 665-8921 [email protected]

    Listing agent Kristi Hamilton (940) 665-8921 License #0590968

    Listing date Oct 15, 2025

    MLS# 21082775 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

    Gainesville Land with Highway Frontage

    This 5-acre property in Gainesville, TX, presents a development opportunity with 350 feet of frontage on Highway 82 and an additional 570+ feet of frontage on CR 147. The site is suitable for various commercial uses, including storage buildings, retail spaces, or warehouses. The property includes a partially updated home of almost 4500 sq ft, featuring 4 bedrooms, 3.5 baths, and a two-car garage. Additional amenities include a tennis court and pool in the backyard. The existing home could potentially serve as an AirBnB, generating income while the acreage fronting Hwy 82 is developed. Located in the growing Gainesville area, this commercial acreage offers significant potential for investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Discount Store Convenience Store Veterinary Clinic Pet Grooming Service Laundry Service Laundromat

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.045032
    Latitude
    33.648715

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    FAQs

    What type of property is this?
    Commercial land - 5 acres with highway frontage, ideal for development or investment.
    Where is this commercial land located?
    The property is located at 2399 County Road 147 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 350 feet of Highway 82 frontage, ideal for commercial development.; - Priced $200,000 below county appraisal estimate.; - Large home (almost 4500 sq ft) with 4 bedrooms, 3.5 baths, and 2-car garage.
    (940) 665-8921
    Request Owner's contact information
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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
    2399 County Road 147 Gainesville, TX 76240
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