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    1304 12 Gainesville, TX 76240

    For Sale
    $3,100,000

    Three custom-built quadplexes with development potential in a growing area.

    Lot size:
    5.00 Acres

    Property Features for 1304 12

    General Information

    Lot size
    5.00 Acres

    Building Details

    Year built
    2021

    Source: TIERRA REAL ESTATE Agent MISTY SCHMITZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Three Quadplexes on Five Acres

    This investment opportunity features three custom-built quadplexes designed for quality and efficiency. Each unit includes wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation for energy efficiency. The property is set in a tranquil, rolling landscape with mature trees, offering privacy and scenic beauty. In addition to the quadplexes, 40 acres of land provide possibilities for future development, including residential lots, RV parking, or other ventures. The property features hilltop views and is located less than a mile from Callisburg High School. This property is a versatile and lucrative opportunity in a rapidly growing area, suitable for expanding a rental portfolio or developing a community.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.0805
    Latitude
    33.7001

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    FAQs

    What type of property is this?
    Quadplex - Three custom-built quadplexes with development potential in a growing area.
    Where is this quadplex located?
    The property is located at 1304 12 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Three custom-built quadplexes offer immediate rental income potential.; - 40 acres of prime land available for future development.; - Energy-efficient construction with spray foam insulation.
    Request Owner's contact information
    1304 12 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
    1304 12 Gainesville, TX 76240
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