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Land with Home for Sale in Gainesville, Texas

550 County Road 297, Gainesville, TX 76240

$2,450,000
55.2 acres
Active
ago
Est $15,332/mo

Fantastic investment opportunity in the fast growing Golden North Texas corridor - north of Aubrey and Celina, and east of Lake Kiowa. Sailer Resort is a fully furnished, 55.22 acre estate that is AG exempt with NO deed restrictions and it doesn't lie within a flood zone. This incredible property offers unmatched flexibility for a multitude of event types, investment or personal use. Launched in March 2025, the resort secured a diverse range of bookings through year-end across celebrations, weddings, family reunions, proms, graduations, and corporate retreats prior to any formal marketing being done - indicating a strong market demand for this facility. Features include: a 6-bedroom, 5.5-bath Grand Villa with indoor event space for ~120 guests. An ~4,500 sq ft outdoor event deck for ~240 guests. Outdoor wedding venue for ~330 guests. 12'x20' cottage storage area with event support gear and a wide variety of indoor and outdoor games for all ages. The remaining 50+ acres of open land offers long-term potential for the owner--expanding the existing facility, ideal for subdividing, group ownership, or holding as development expands from Lake Ray Roberts to Universal Studios to billion-dollar chip plants to the east. Whether you're seeking a private retreat, a group investment, or an income-generating asset, Sailer Resort delivers lifestyle, cash flow, and appreciation--all in one turn-key opportunity. Call for an appointment now.

3,870
Sq feet
6
Beds
5
Full baths
1
1/2 bath
2024
Built

Location

Street address
550 County Road 297
Community
McElroy JC
Elevation
728 feet
Coordinates
33.5903, -96.9809

Property details

Acreage
55.22 acres
MLS #
NTREIS 21139838
Posted

Parcels

  • 87373

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Structure

Stories
1
Heating
Central, Fireplace(s), Heat Pump
Cooling
Central Air, Electric
Materials
Aluminum Siding
Roof
Composition

Interior

Rooms
Bathroom x 5, Bedroom x 5
Appliances
Built-In Refrigerator, Dishwasher, Garbage Disposer, Gas Range, Range, Refrigerator, Washer
Features
Cable TV Available, Cathedral Ceiling(s), High Speed Internet Available

Nearby schools

NameLevelDistrictDescription
CallisburgElementary

Listing history

DateEventPriceChangeSource
Jan 16, 2026New listing$2,450,000NTREIS
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This 55.22-acre property is located at 550 County Road 297 in Gainesville, TX 76240. The property is available for sale for $2,450,000. It has a 3,870 sq ft 6 bedroom, 5 bath house built in 2024.

Checked 5 hours ago — Updated

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