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$4,100,000
3 Days On Site

1304 County Road 115 12
Gainesville, TX 76240

For Sale|Quadruplex|Active
2
Beds
2
Full Baths
0
Partial Baths
16,242
SqFt
$252
/SqFt
2021
Built
Subdivision:
Fcsl
County:
Cooke
1304 County Road 115 121304 County Road 115 121304 County Road 115 121304 County Road 115 12
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Prime Investment Opportunity – Three Custom-Built Quadplexes on 40 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, 40 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!

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Listing Snapshot
Price 
$4,100,000
Days On Site 
3 Days
Bedrooms 
2
Inside Area (SqFt) 
16,242 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
40.4 Acres
Year Built 
2021
MLS® Number 
20887763
Status 
Active
Property Tax 
$30,301
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
40.4
Foundation 
Slab
Parking 
Additional ParkingCommonOn SiteOpenParking Lot
Parking Spaces 
24
Property Sub Type 
Quadruplex
Security 
Security LightsSmoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
16242
Stories 
One
Utilities 
Electricity AvailableElectricity Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric RangeElectric Water HeaterMicrowaveRefrigeratorVented Exhaust Fan
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
Ceramic Tile
Heating 
Exhaust FanCentralElectric
Interior 
Built-in FeaturesEat-in KitchenGranite CountersKitchen IslandNatural WoodworkOpen FloorplanWalk-In Closet(s)
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Board & Batten Siding
Exterior 
LightingRV Hookup
Fencing 
Partial Cross
Lot Features 
AgriculturalClearedInterior LotMany TreesRolling Slope
Patio And Porch 
Covered
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Horse Allowed 
Yes
School District 
Callisburg ISD
Schools
School District
Callisburg ISD
Elementary School
Callisburg
Middle School
Callisburg
High School
Callisburg
Listing courtesy of MISTY SCHMITZ of TIERRA REAL ESTATE 9407360548



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-04 12:56 PM CDT

Neighborhood & Commute
Source: Walkscore
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