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Residential Land With Light Restrictions
For Sale
$150,000

401 County Road 401, Gainesville, TX 76240

Three lots for sale with light deed restrictions allowing site-built homes and prohibiting mobile homes.

Property Size121,488 SF
Price / SF$1.23
Days on Market141

Property Features for 401 County Road 401

General Information

Standard status Active
Size 121,488 SF
Property subtype Lots & Acreage / Unimproved Land

Amenities

No
Listing Agency: Keller Williams Realty
Listed By: Melissa Day · License #0611930
Source: Compass
Added: Apr 7 Changed: Aug 8 Last Checked: Apr 7 at 8:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

For sale: three separate lots totaling 2.789 acres each, located at 401 County Road 401 in Gainesville, Texas. The property is governed by light deed restrictions intended to protect 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 stated for construction.

The seller notes the lots are just outside Gainesville in Cooke County, a few minutes from I-35 and the Oklahoma border. Public remarks also state the Gainesville City Council has recently approved the Camp Howze Industrial Rail Park at Gateway Industrial Park, which the seller says may support additional regional growth.

Interested parties should confirm all details directly with the appropriate authorities, as requested in the public remarks.

Key Highlights

  • Three 2.789‑acre lots for sale just outside Gainesville, TX in Cooke County
  • Light deed restrictions in place to protect long‑term value
  • Site‑built homes of any size are welcome

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair

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

259
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three lots for sale with light deed restrictions allowing site-built homes and prohibiting mobile homes.
Where is this residential land & home lot located?
The property is located at 401 County Road 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: Three 2.789‑acre lots for sale just outside Gainesville, TX in Cooke County; Light deed restrictions in place to protect long‑term value; Site‑built homes of any size are welcome
More about this property
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