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Land for Sale in Gainesville, Texas

1397 County Road 338, Gainesville, TX 76240

$1,470,000
24 acres
Active sale
$79k drop
Est $9,927/mo

Experience the freedom and potential of 25 acres of open North Texas land, perfectly suited for ranching, livestock, equestrian use, or building out your dream country estate. With expansive pastureland and wide-open views, this property offers endless opportunities to create a custom setup tailored to your needs-whether that's horses, cattle, additional structures, or simply room to roam. The land is complemented by a 3-stall barn with covered trailer parking and a large shop with concrete floors and electricity, making it functional and ready for agricultural or recreational use from day one. A custom-built home sits on the property, offering over 3,600 square feet of living space with an open-concept layout, flexible living areas, and thoughtfully designed features for everyday comfort. While the home provides a strong foundation, the true value lies in the acreage and its versatility.

Location

Street address
1397 County Road 338, # 338
Zip code
76240
Community
Yarborough PG
School district
Era ISD
Elevation
797 feet
Coordinates
33.5395, -97.3227

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.

Property details

Acreage
24 acres
MLS #
NTREIS 21231026
Posted

Property taxes

Recent
$205

Parcels

  • 140150

Legal description

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Lot

Vegetation
Cleared, Grassed
Features
Acreage, Agricultural, Back Yard, Few Trees, Landscaped, Lawn, Pasture, Pond On Lot

Structure

Water
Well
Sewer
Aerobic Septic

Nearby schools

NameTypeDistrict
EraElementaryEra ISD
EraMiddleEra ISD
EraHighEra ISD

Listing history

DateEventPriceChangeSource
May 16, 2026Price drop$1,470,000$79,000 -5.1%NTREIS
Apr 14, 2026New listing$1,549,000NTREIS
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This 24-acre property is located at 1397 County Road 338 # 338 in Gainesville, TX 76240. The land is available for sale, priced at $1,470,000 — $61,250 per acre.

Listed by Keller Williams North Country, (972) 382-8882

Checked 2 hours agoUpdated Source

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