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    672 County Road 155 Gainesville, TX 76240

    Under Contract
    For Sale
    $660,000

    Improved Land - Gainesville, TX

    Lot size:
    26.02 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 672 County Road 155

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    R87377
    Exterior features
    Kennel, Fence
    Fencing
    Fenced
    Lot size
    26.02 Acres

    Utilities

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

    Building Details

    Year built
    2003
    Architectural style
    Other

    Newland Real Estate, Inc. (940) 565-8326

    Listing agent EVERETTE NEWLAND (940) 565-8326 License #0456001

    Listing date Nov 13, 2025

    MLS# 20971779 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

    26 Acre Equestrian Ready Land

    This 26.02-acre property in Gainesville, TX, offers a blend of rural charm and functional design. Framed by mature trees, the land is fully fenced and cross-fenced, featuring a small lean-to in the front pasture and a larger one in the back, suitable for livestock shelter. Horse enthusiasts will appreciate the well-equipped dirt floor barn, which includes 2 stalls, 3 runs, a partial concrete tack and feed room, and water access, along with separate electric service. Adjacent to the barn is a 210' x 110' panel arena. The landscape includes two stocked ponds. Additional features include a storm shelter, fruit trees, two dog runs, and a portable storage shed. There is one RV hookup with dedicated electric and water access. The site is equipped with two new 500-gallon septic tanks, water lines, and a separate electric pole. The existing 2,016 sq ft manufactured home has 3 bedrooms and 2 baths. The roof was fully replaced three years ago with 40-year shingles. The home has its own electric meter and was professionally leveled just over a year ago.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -96.962379
    Latitude
    33.610825

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    FAQs

    What type of property is this?
    Horse & equestrian property - 26 acres with equestrian facilities, ponds, and move-in ready home.
    Where is this horse & equestrian property located?
    The property is located at 672 County Road 155 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - Sprawling 26-acre property, fully fenced and cross-fenced, complete with equestrian amenities, including a barn with 2 stalls, 3 runs, tack/feed room, water/electric, and a 210' x 110' panel arena.; - Infrastructure in place for expansion: two new 500-gallon septic tanks, water lines, and separate electric pole ready for a custom home.; - Existing 2,016 sq ft 3-bedroom, 2-bath manufactured home is move-in ready, featuring a replaced roof (3 years ago with 40-year shingles) and professionally leveled.
    (940) 565-8326
    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
    672 County Road 155 Gainesville, TX 76240
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