• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of TIERRA REAL ESTATE- MLS# 21125370MLS ProviderContact Information: MISTY SCHMITZ - 940-736-0548

1304 County Road 115 #12Gainesville, TX 76240

Multi-Family · 2 Beds · 2 Full Baths · 16,242 Sq. ft. | 5.00 Acres
$2,450,000 Active

1304 County Road 115 #12 Overview

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Prime Investment Opportunity – Three Custom-Built Quadplexes on 5 Acres Seize this rare investment opportunity featuring three custom-built quadplexes designed for quality and efficiency. Each unit boasts wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation for energy efficiency. Nestled in a tranquil, rolling landscape under a canopy of mature trees, this property offers both privacy and scenic beauty. Beyond the quadplexes, an additional 35 acres of prime land provide endless possibilities for future development, including residential lots, RV parking, or other ventures. Enjoy breathtaking hilltop views and the convenience of being less than a mile from Callisburg High School. Whether you’re looking to expand a rental portfolio or develop a thriving community, this property is a versatile and lucrative opportunity in a rapidly growing area. Don’t miss out—schedule a viewing today! The quads and 40.4 acres is available for $3,450,000.

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1304 County Road 115 #12 Facts & Features

  • Type Multi-Family
  • Sq. ft. 16,242
  • Price/Sq.ft. $151
  • Lot 5.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Callisburg ISD
  • Elementary School: Callisburg
  • Middle Or Junior School: Callisburg
  • High School: Callisburg

Green Features

  • Green Energy Efficient: Insulation

Income/Expenses

  • Operating Expense Includes: Insurance,Maintenance Grounds,Maintenance Structure,Maintenance,Trash,Water/Sewer

Building Information

  • Year Built: 2021
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Cooke
  • Postal City: GAINESVILLE
  • Subdivision Name: Fcsl

Tax Information

  • Tax Annual Amount: 30301.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 9536
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 16242.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Natural Woodwork,Walk-In Closet(s)
  • Levels: One
  • Security Features: Smoke Detector(s),Security Lights
  • Stories: 1

Unit Information

  • Unit Number: 12

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Additional Parking,Common,On Site,Open,Parking Lot
  • Parking Total: 24.0

Lot Information

  • Lot Features: Acreage,Back Yard,Cleared,Interior Lot,Lawn,Native Plants,Many Trees
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 217800.0
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Road Surface Type: Gravel
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Board & Batten Siding
  • Patio And Porch Features: Covered
  • Roof: Composition

General Information

  • Carport: No
  • Exterior Features: Lighting,RV Hookup
  • Fencing: Partial Cross
  • Number Of Units Total: 12
  • Pool Features: None
  • Sewer: Aerobic Septic
  • Utilities: Electricity Available,Electricity Connected,Septic Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 6

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 6

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1304 County Road 115 #12 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1304 County Road 115 #12 Market Data

Based on the last 30 days in this zip code

$503,772
Average List Price
$240
Average Price per Square Foot
29
Properties Sold
118
Average Days on Market
289
Properties for Sale
Calculations provided by Reliance Network


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