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Property profile & analytics
OFF-MARKET
Commercial real estate

609 Fm 1306 Gainesville, TX 76240

8,998 SF 11 ac lot Built 2001
Property ID
US82-6473939
Property summary
AI-generated overview

This exceptional mixed-use property presents a unique opportunity to acquire a luxurious 8,998-square-foot, three-story Georgian-style home situated on 11 manicured acres in Gainesville, Texas. Built in 2001 and renovated the same year, this Class A property boasts two buildings and features an impressive array of amenities. The main residence includes a grand staircase, elegant dining room, game room with bar, and each bedroom offers a private bathroom. Custom features such as granite countertops, a hand-carved staircase, an elevator, a wine cellar, and a safe room add to its elegance. A four-car garage and a 24x32 workshop provide ample storage. The expansive backyard is a true oasis, featuring a resort-style pool, a pool house with a full kitchen and bar, perfect for entertaining. A stocked one-acre pond with a dock offers serene views and recreational opportunities. The property is conveniently located minutes from I-35 and just 12 miles from Winstar World Casino, making it ideally suited for a variety of uses, including a high-end AirBnB or wedding venue. The property is zoned for agricultural use and is protected by an electric security gate. The asking price is $2,334,999.

Property profile
Verified
Property type Commercial real estate
Year built 2001
Total area 8,998 SF
Lot 11 ac (479,160 SF)
UPID US82-6473939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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