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    3210 Rural Ranch Rd, Unit 14 Gainesville, TX 76240

    For Sale
    $555,000

    Income-producing property with 14 units, barn, and storage buildings.

    Lot size:
    5.05 Acres

    Property Features for 3210 Rural Ranch Rd

    General Information

    Lot size
    5.05 Acres

    Building Details

    Year built
    1980

    Source: TIERRA REAL ESTATE Agent MISTY SCHMITZ

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

    Overview

    Income Property on 5 Acres

    This income-producing property is situated on 5 acres and features 14 one-bedroom, one-bath units. The property includes covered parking, a barn with living quarters, and small storage buildings. Piped fencing is in place for livestock. All units are currently leased. There is extra space available for constructing additional living quarters and storage buildings. The property is partially located inside the city limits and benefits from city water and a conventional septic system. Rental income information is available upon request.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store 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
    -97.10923
    Latitude
    33.645977

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    FAQs

    What type of property is this?
    Apartment building - Income-producing property with 14 units, barn, and storage buildings.
    Where is this apartment building located?
    The property is located at 3210 Rural Ranch Rd, Unit 14 Gainesville, TX.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: - Income-producing property featuring 14 leased one-bedroom units.; - Large 5-acre lot offers potential for additional buildings.; - Includes a barn with living quarters and small storage buildings.
    Request Owner's contact information
    3210 Rural Ranch Rd, Unit 14 Gainesville, TX 76240
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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
    3210 Rural Ranch Rd, Unit 14 Gainesville, TX 76240
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