Gainesville, TX 76240,550 CR-297
Gainesville, TX 76240,550 CR-297
Gainesville, TX 76240,550 CR-297
Gainesville, TX 76240,550 CR-297
Gainesville, TX 76240,550 CR-297
Gainesville, TX 76240,550 CR-297
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$ 3,339,999
Est. payment | /mo

6 Beds

6 Baths

3,870 SqFt


$ 3,339,999
Est. payment | /mo

6 Beds

6 Baths

3,870 SqFt

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $863

Subdivision Mcelroy Jc

MLS Listing ID 20849713

Bedrooms 6

Full Baths 5

Half Baths 1

HOA Y/N None

Year Built 2024

Lot Size 55.220 Acres

Acres 55.22

Property Sub-Type Farm/Ranch

Property Description

Fabulous Sailer Resort Ranch property located along the 'Golden Corridor' growth path north of Aubrey Celina and just east of Lake Kiowa. Sailer Resort features a Grand Villa, Large ~4,500 sq ft. Outdoor Deck, Wedding Event Venue, Amazing Outdoor and Indoor Games and more for you to cherish your memories. Located in a serene private setting, this 55.22 acre fantastic piece of Texas does NOT have any deed restrictions and is away from the FEMA 100 year flood zone.

Have fun or make money out of this FULLY furnished brand new resort while you hold the remaining land until the growth catches up to you. This can be a great investment opportunity for you or a group of visionaries for its numerous options such as your personal pleasure, short term rentals, events, outdoor gaming activities etc. We had just received approvals from short term rental and events platforms and are poised to enter the market soon. This 6 bed and 5.5 bath villa is designed in such a way that it can accomodate a decent size event upto ~120 guests in the living area if weather is non-cooperative outdoors. While you explore making the best out of the rentals and events, you can plan to split the raw land into parcels and offer to your closest ones along with incentivizing their stay or events at Sailer Resort. If your plan is to hold for a few more years, then the land value should grow much higher as a reactive market is happening from major residential developments nearby to Universal Studios Resort in the south to Billions of dollars Chip Plants to the east. Do not miss this fantastic opportunity to own a ranch of yours along with creating lifelong memories for your life!

Location

State TX

County Cooke

Direction Use only Google Maps, Apple Maps will give you the wrong directions

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Cathedral Ceiling(s), High Speed Internet Available

Fireplaces Number 1

Fireplaces Type Decorative

Appliance Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal

Exterior

Carport Spaces 5

Utilities Available City Water, Septic

Garage No

Building

Story One

Level or Stories One

Schools

Elementary Schools Chalmers

High Schools Gainesvill

School District Callisburg Isd

Others

Ownership xxxx

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20849713

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Andy Anand • Douglas Elliman Real Estate
agent
Terrence Davenport

Agent | License ID: 0737436

+1(469) 585-8640 | terrence@terrencedavenport.com

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550 CR-297