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Residential Land with Home for Sale in Panhandle, Texas

1401 Co Rd, Panhandle, TX 79068

$849,000
7 acres
Active
$50k drop
Est $5,313/mo

Discover this one-of-a-kind country estate offering the perfect balance of privacy, space, and breathtaking views. The iconic ''Gersch Mansion'' took approximately 3 years to build and has one of a kind, imported woodwork. Each large room was carefully appointed with furniture that is to remain with the home. Nestled on approximately 7 acres, this property is a rare gem featuring 9 oversized bedrooms and 7 full bathrooms, providing ample room for family, guests, or even multi-generational living. Step inside to find a thoughtfully designed floorplan that allows both gathering and privacy. The home features a stunning spiral staircase, a spacious extra room, and two large living areas, creating the ideal setting for entertaining or relaxing. Car enthusiasts and hobbyists will love the 6-car garage and the incredible airplane hangar, offering endless possibilities for storage, projects or aviation use. Outdoors, you'll be captivated by the panoramic views of farmland, a serene backdrop that enhances the peaceful lifestyle this property offers. With abundant space both inside and out, this home is perfectly suited for entertaining large groups, hosting family gatherings, or simply enjoying the quiet beauty of the countryside. The layout is designed to accommodate everyone with ease while still offering private retreats throughout the home. This property truly is a rare opportunity, whether you're seeking a spacious family residence, a retreat-style getaway, or a unique estate with exceptional amenities; this home delivers. Experience the beauty, space, and tranquility that only country living can offer. Approximately 7 acres to be surveyed out of the existing parcel. Acreage is negotiable. The use of this property is very versatile. This property is currently used as an Airbnb/ venue.

10,832
Sq feet
9
Beds
6
Full baths
2001
Built

Location

Street address
1401 Co Rd, # K
Community
Panhandle
School district
Panhandle
Elevation
3,487 feet
Coordinates
35.3908, -101.444

Directions

From Pantex, head north on FM 2373. Turn east on FM 293. Then turn north on Co. Rd. K, property is 2 1/2 miles from FM 293 on the left.

Property details

Acreage
7 acres
MLS #
AAR 25-7344
Posted

Legal description

Details and features

Listing

Type
Residential
Franchise
Keller Williams Realty

Exterior

Parking
Garage, Open
Features
Brick

Structure

Stories
2
Water
Well
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Brick Veneer, Wood Frame
Roof
Wood

Interior

Rooms
Bathroom x 7, Bedroom x 9, Dining Room
Appliances
Cooktop, Dishwasher, Double Oven, Refrigerator, Washer/Dryer
Features
Bonus, Butlers Pantry, Formal Dining Room, Great Room, In-Law Floorplan, Living Areas, Mud Room, Office/Study

Nearby schools

NameLevelDistrictDescription
PanhandleElementaryPanhandle
PanhandleMiddlePanhandle
PanhandleHighPanhandle

Listing history

DateEventPriceChangeSource
Nov 14, 2025Price drop$849,000$50,000 -5.6%AAR
Oct 16, 2025Price drop$899,000$301,000 -25.1%AAR
Sept 1, 2025Price drop$1,200,000$300,000 -20%AAR
Aug 21, 2025New listing$1,500,000AAR
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This 7-acre property is located at 1401 Co Rd # K in Panhandle, TX 79068. The property is available for sale for $849,000. It has a 10,832 sq ft 9 bedroom, 6 bath house built in 2001.

Checked 1 hour ago — Updated

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