Gainesville, TX 76240 1304 County Road 115 # 12
$4,100,000
26 more
- MLS# 20887763
- 04/01/2025
Presented By: MISTY SCHMITZ with TIERRA REAL ESTATE; 940-665-6730
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 12
Baths • 12
Year Built • 2021
Home Details
Prime Investment Opportunity – Three Custom-Built Quadplexes on 40 Acres
Seize this rare investment opportunity featuring three custom-built quadplexes designed for quality and efficiency. Each unit boasts wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation for energy efficiency. Nestled in a tranquil, rolling landscape under a canopy of mature trees, this property offers both privacy and scenic beauty.
Beyond the quadplexes, 40 acres of prime land provide endless possibilities for future development, including residential lots, RV parking, or other ventures. Enjoy breathtaking hilltop views and the convenience of being less than a mile from Callisburg High School.
Whether you’re looking to expand a rental portfolio or develop a thriving community, this property is a versatile and lucrative opportunity in a rapidly growing area. Don’t miss out—schedule a viewing today!
Presented By: MISTY SCHMITZ with TIERRA REAL ESTATE; 940-665-6730
Interior Features for 1304 County Road 115 # 12
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringCeramic Tile, Luxury Vinyl Plank
Interior FeaturesBuilt-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
Lock Box TypeNone
Occupancy Rate100
Total Units12
Unit Count2
Window FeaturesWindow Coverings
General for 1304 County Road 115 # 12
# of Buildings3
Accessory Unit Y/NNo
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Capitalization Rate0.00
Carport Spaces
CityGainesville
Complex NameKilgore Quads
Construction MaterialsBoard & Batten Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyCooke
DirectionsHwy 82 East to FM 678. North on FM 678 to Mc Daniel, Left on Mc Daniel and then Right on CR 115. Property is just about.6 of a mile to the North of the Callisburg High School on the Left.
Elementary SchoolCallisburg
Elementary School NameCallisburg
Full Baths2
Green Energy Efficient12 inch+ Attic Insulation
Green LandscapingNative Landscape
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolCallisburg
Insurance Expense
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Maintenance Grounds, Maintenance Structure, Trash, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding, Negotiable
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictCallisburg ISD
Security FeaturesSecurity Lights, Smoke Detector(s)
Special NotesAerial Photo, Survey Available
Standard StatusActive
StatusActive
Subdivision NameFcsl
TenancyLease While on Market, No Smoking, Pet Restrictions, Pets Allowed, Written Application Only
Unexempt Taxes30301
Unit Number12
UtilitiesAerobic Septic, City Water, Co-op Electric, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Outside City Limits
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2021
Year Built DetailsPreowned
Exterior for 1304 County Road 115 # 12
Attached Garage Y/NNo
Building Area Total16242.00
Covered Spaces
Exterior FeaturesCovered Patio/Porch, Lighting, RV Hookup
FencingPartial Cross
Foundation Slab
Garage Y/NNo
Lot FeaturesAcreage, Agricultural, Cleared, Interior Lot, Many Trees, Rolling Slope, Tank/ Pond, Varied
Lot Size Acres40.4000
Lot Size Area40.4000
Lot Size SourceAssessor
Lot Size Square Feet1759824.0000
Lot Size UnitsAcres
Number Of Parking Spaces24
Parking FeaturesAdditional Parking, Common, On Site, Open, Parking Lot
Patio And Porch FeaturesCovered
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Callisburg Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner