Agricultural Land with Build
For Sale
$150,000
County Rd 401, Gainesville, TX 76240
Land, Gainesville, TX
Property SizeContact for details
Lot Size2.79 Acres
Days on Market119
Property Features for County Rd 401
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Subdivision
Castillo
Lot features
Acreage, Interior Lot
Elementary school
Chalmers
High school
Gainesvill
Elementary school district
Gainesville ISD
Middle school district
Gainesville ISD
High school district
Gainesville ISD
Directions
Key in GPS Coordinates 33.674907, -97.179435. From I35 Headed North Exit 501, at bridge turn right onto FM 1202, Continue straight past Gainesville Industrial Park, Turn Left onto CR 444, Continue straight for about 0.6 miles, Turn left CR 401, Property is on the right, Look for For Sale Sign.
Standard status
Active
APN
315704
Lot size
2.79 Acres
Taxes and HOA fees
Tax Description
HILLIS WW 0454 ACRES 11.57
Tax Annual Amount
1000
Legal Description
HILLIS WW 0454 ACRES 11.57
Listing Agency:
Keller Williams Realty
(940) 484-9411
Listed By:
Melissa Day · License #0611930
(940) 484-9411
Added: Apr 29
Changed: Aug 19
Last Checked: Aug 25 at 3:06AM
MLS# 21231918
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
An uncommon opportunity to acquire three separate lots of land, each described as 2.789 acres. The lots are offered with light deed restrictions intended to help protect long-term value. Site-built homes of any size are welcome, and mobile homes are not permitted. There are no minimum square-footage requirements, giving you flexibility to design and build to your own plan.
Located just outside Gainesville in Cooke County, the property is positioned near major regional growth drivers, described as only a few minutes from I-35 and the Oklahoma border. The public remarks also reference Gainesville City Council’s recent approval of the Camp Howze Industrial Rail Park at Gateway Industrial Park, which the seller notes as a catalyst for future economic expansion in the area.
This property can fit a range of owner-operator and homebuilding needs, including buyers looking to build a residence while preserving room for an agricultural use. With the combination of light restrictions and clear limitations around home type, it’s well suited for those who want flexibility on-site while aligning with the community’s stated standards.
Located just outside Gainesville in Cooke County, the property is positioned near major regional growth drivers, described as only a few minutes from I-35 and the Oklahoma border. The public remarks also reference Gainesville City Council’s recent approval of the Camp Howze Industrial Rail Park at Gateway Industrial Park, which the seller notes as a catalyst for future economic expansion in the area.
This property can fit a range of owner-operator and homebuilding needs, including buyers looking to build a residence while preserving room for an agricultural use. With the combination of light restrictions and clear limitations around home type, it’s well suited for those who want flexibility on-site while aligning with the community’s stated standards.
Key Highlights
- Strategically located near I‑35 and the Oklahoma border, in a high‑growth corridor.
- Close proximity to the approved Camp Howze Industrial Rail Park, indicating significant economic expansion potential.
- Versatile land use: suitable for building a home or establishing a small agricultural operation.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 76240, TX
28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three buildable lots near I-35 offer flexible options for site-built homes or a small agricultural operation.
Where is this residential land & home lot located?
The property is located at County Rd 401 Gainesville, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Strategically located near I‑35 and the Oklahoma border, in a high‑growth corridor.; Close proximity to the approved Camp Howze Industrial Rail Park, indicating significant economic expansion potential.; Versatile land use: suitable for building a home or establishing a small agricultural operation.
