
Agricultural Land with Home for Sale in Gainesville, Texas
776 County Road 297, Gainesville, TX 76240
Own a proven Texas Event resort -- the business, the brand, the bookings and the land to grow! Launched in March 2025, booked solid on weekends and peak dates with no retail marketing. Sailer Resort is a turn-key hospitality opportunity on approximately 22.5 level, Ag-Exempt acres in the North Texas growth corridor. TURN-KEY BUSINESS: Operating event and lodging resort, fully furnished and ready for a new owner. BOOKED SOLID: 2026 weekends and peak dates full, with 2027 bookings already coming in. STRONG INCOME: $200K+ in 2026 gross revenue on lean expenses. Financials available to qualified buyers. SYSTEMS IN PLACE: Airbnb, VRBO, direct website bookings and automated payments, with reviews and repeat guests. GRAND VILLA: 6 bedrooms, 5.5 baths, sleeps 30, with a 120-seat indoor event hall. EVENT VENUES: 200+ seating deck and a 250+ guest open-air wedding venue, with lots of parking. GAMES & AMENITIES: Pickleball, sand volleyball, mini golf, basketball and cricket. Game and parking areas are fully hardwired, with no reliance on solar. AG-EXEMPT LAND: Approximately 22.5 level, cleared acres with minimal taxes, no deed restrictions and no flood zone. GROWTH CORRIDOR LOCATION: North of Aubrey and Celina near Lake Ray Roberts. Hold, expand or divide. The remaining 18+ 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. Come see this tremendous investment, income producing property now! New survey will be required. New 9-1-1 address obtained 11-03-26, copy in Transaction Desk (was 550 CR 297).
Location
- Street address
- 776 County Road 297
- County
- Cooke County
- Zip code
- 76240
- Community
- McElroy JC
- School district
- Callisburg ISD
- Elevation
- 728 feet
Property details
- Acreage
- 22.5 acres
- MLS #
- NTREIS 21139838
- Posted
Property taxes
- Recent
- $103
Parcels
- 6109
Legal description
MCELROY JC 0711 ACRE, MCELROY JC 0711 ACRES 54.22
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Vegetation
- Grassed
- Features
- Acreage, Agricultural, Cleared, Level, Pasture
Exterior
- Fencing
- Perimeter
- Pool
- Deck
- Features
- Basketball Court, Fire Pit, Lighting, Playground
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Electric, Heat Pump
- Cooling
- Central Air
- Materials
- Aluminum Siding
- Roof
- Composition
Interior
- Rooms
- Bathroom x 6, Bedroom x 6, Dining Room, Game Room
- Fireplaces
- Yes
- Appliances
- Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal
- Features
- Cable Tv, Cathedral Ceilings, High Speed Internet
Nearby schools
| Name | Type | District |
|---|---|---|
| Callisburg | Elementary | Callisburg ISD |
| Callisburg | Middle | Callisburg ISD |
| Callisburg | High | Callisburg ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2026 | Price drop | $1,620,000 | $720,000 -30.8% | NTREIS |
| May 1, 2026 | Price drop | $2,340,000 | $110,000 -4.5% | NTREIS |
| Jan 16, 2026 | New listing | $2,450,000 | — | NTREIS |

































