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Ranch Property with Barn and Shop
For Sale
$1,400,000

1397 County Road 338, Gainesville, TX 76240

LAND - Gainesville, TX

Property Size3,600 SF
Lot Size24.00 Acres
Price / SF$388.89
Days on Market64

Property Features for 1397 County Road 338

General Information

Property type Land
Property subtype Other
Vegetation Cleared, Grassed
Subdivision Yarborough Pg
Lot features Acreage, Agricultural, Back Yard, Cleared, Lawn, Landscaped, Pasture, Pond On Lot, Few Trees
Elementary school Era
Middle school Era
High school Era
Elementary school district Era ISD
Middle school district Era ISD
High school district Era ISD
Directions From I35 - West 9.8 miles on 922 from Valley View - Slight Right on 1198, go 2.8 miles - Turn right on CR 338, 0.4 miles - Home is located on the left. Only Home on the County Road.
Standard status Active
APN 140150
Lot size 24.00 Acres

Taxes and HOA fees

Tax Description YARBOROUGH PG 1175 ACRES 24.0
Tax Annual Amount 205
Legal Description YARBOROUGH PG 1175 ACRES 24.0

Utilities

Sewer type Aerobic Septic
Water source Well

Building Details

Year built 2016
Listing Agency: Keller Williams North Country · Keller Williams Realty
Listed By: Kinzey Dumas · License #0806680
Added: Jun 4 Changed: Aug 1 Last Checked: Aug 6 at 11:06AM
MLS# 21231026

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.

Ranch property on 24 acres of open North Texas land, set up for ranching, livestock, equestrian use, or building out a country estate. The property includes a 3-stall barn with covered trailer parking and a large shop with concrete floors and electricity.

A custom-built home is also on site, providing over 3,600 square feet of living space with an open-concept layout and flexible living areas. The home was built in 2016.

On-site utilities include well water and an aerobic septic system. The property is located at 1397 County Road 338 in Gainesville, TX 76240, in Cooke County.

Key Highlights

  • 24 acres of open land for ranching, livestock, equestrian use, or a country estate
  • 3‑stall barn with covered trailer parking
  • Large shop with concrete floors and electricity

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Auto Repair Shop Food Market Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Ranch - Ranch acreage with a 3-stall barn, large shop with electricity, well water, and aerobic septic.
Where is this ranch located?
The property is located at 1397 County Road 338 Gainesville, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 24 acres of open land for ranching, livestock, equestrian use, or a country estate; 3‑stall barn with covered trailer parking; Large shop with concrete floors and electricity
More about this property
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