Residential Land with Home for Sale in Gainesville, Texas
County Road 131, Gainesville, TX 76240
When you want the best of both worlds, you'll find it here...Restriction Free Country Living right down the road from City Living! 3 Bed, 2 Bath Home with Private Guest Suite! Cute little creek right in your backyard... and no, it is Not in a flood zone! A lovely home with versatile functionality. The split-bedroom layout features a spacious primary suite and two additional bedrooms. A standout feature is the versatile third bedroom, which boasts a private exterior entrance and a dedicated small kitchen and full bathroom. This flexible space is ideal for a home office with separate client access, a lucrative rental opportunity (current situation), a multi-generational living arrangement, or a private guest suite!
A reliable tenant is currently in place in the third bedroom providing passive income. The choice is yours to keep the tenant or not. Callisburg school district. Minimal restrictions (no mobile homes). Paved roads outside city limits. 2 acres. Woodbine water. Make this one-of-a-kind Gainesville house your home!
Location
- Street address
- County Road 131
- County
- Cooke County
- Community
- Shields JD
- Elevation
- 823 feet
Property details
- Acreage
- 2.14 acres
- MLS #
- NTREIS 21106124
- Posted
Parcels
- 313778
Legal description
SHIELDS D 0954 ACRES 6.19
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- RE/MAX International
Structure
- Condition
- New Construction
- Stories
- 1
- Roof
- Composition
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
- Flooring
- Concrete
- Appliances
- Convection Oven, Microwave, Range, Refrigerator
- Features
- Cable TV Available, High Speed Internet Available, Open Floorplan
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Callisburg | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 4, 2025 | Price drop | $199,999 | $9,001 -4.3% | NTREIS |
| Nov 25, 2025 | Price drop | $209,000 | $20,000 -8.7% | NTREIS |
| Nov 16, 2025 | Price drop | $229,000 | $10,000 -4.2% | NTREIS |
| Nov 12, 2025 | Price drop | $239,000 | $10,000 -4% | NTREIS |
| Nov 7, 2025 | New listing | $249,000 | — | NTREIS |
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