Multi-Lot Residential and Ag
For Sale
$150,000
CR 401, Gainesville, TX 76240
Land, Gainesville, TX
Property SizeContact for details
Lot Size2.79 Acres
Days on Market119
Property Features for CR 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# 21233368
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.
This offering includes three separate 2.789-acre lots, providing multiple ways to structure your plans while keeping options open. The parcels are governed by light deed restrictions intended to support long-term value. Site-built homes of any size are welcome, while mobile homes are not permitted, and there are no minimum square footage requirements. If you’re looking to build for today and preserve flexibility for tomorrow, these lots are a straightforward fit.
The property is located just outside Gainesville in Cooke County, positioned a few minutes from I-35 and the Oklahoma border. Public remarks also note the Gainesville City Council’s recent approval of the Camp Howze Industrial Rail Park at Gateway Industrial Park, an element presented as signaling continued regional growth. Prospective buyers should verify any additional development details and all restrictions directly.
These lots can work well for buyers who want room to build a custom home without a minimum size threshold, or for those interested in establishing a small agricultural operation. With deed restrictions that are described as light, the parcels appear designed to balance community standards with practical flexibility for a range of owner-user goals. Reach out for details and to review the applicable deed restrictions before moving forward.
The property is located just outside Gainesville in Cooke County, positioned a few minutes from I-35 and the Oklahoma border. Public remarks also note the Gainesville City Council’s recent approval of the Camp Howze Industrial Rail Park at Gateway Industrial Park, an element presented as signaling continued regional growth. Prospective buyers should verify any additional development details and all restrictions directly.
These lots can work well for buyers who want room to build a custom home without a minimum size threshold, or for those interested in establishing a small agricultural operation. With deed restrictions that are described as light, the parcels appear designed to balance community standards with practical flexibility for a range of owner-user goals. Reach out for details and to review the applicable deed restrictions before moving forward.
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 at Gateway Industrial Park, promising significant economic expansion.
- Versatile land suitable for building a home or establishing a small agricultural operation.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road 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 adjacent lots offer flexible site-built living or agricultural use with light deed restrictions and no minimum home size.
Where is this residential land & home lot located?
The property is located at CR 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 at Gateway Industrial Park, promising significant economic expansion.; Versatile land suitable for building a home or establishing a small agricultural operation.
