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Agricultural Land with Home for Sale in Gainesville, Texas

776 County Road 297, Gainesville, TX 76240

$1,620,000
22.5 acres
Active sale
$720k drop
Est $8,894/mo

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).

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

Location

Street address
776 County Road 297
Zip code
76240
Community
McElroy JC
School district
Callisburg ISD
Elevation
728 feet
Coordinates
33.5903, -96.9809

Property details

Acreage
22.5 acres
MLS #
NTREIS 21139838
Posted

Property taxes

Recent
$103

Parcels

  • 6109

Legal description

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

NameTypeDistrict
CallisburgElementaryCallisburg ISD
CallisburgMiddleCallisburg ISD
CallisburgHighCallisburg ISD

Listing history

DateEventPriceChangeSource
Oct 21, 2026Price drop$1,620,000$720,000 -30.8%NTREIS
May 1, 2026Price drop$2,340,000$110,000 -4.5%NTREIS
Jan 16, 2026New listing$2,450,000—NTREIS
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This 22.5-acre property is located at 776 County Road 297 in Gainesville, TX 76240. The property is available for sale, priced at $1,620,000. It has a 3,870 square foot 6-bedroom, 5.5-bath house built in 2024.

Listed by Lake & Country Realty, (903) 267-2218

Checked 1 hour agoUpdated Source

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