Property Attributes
- MLS#20941405
- TypeSingle Family
- Listing Status Active
- CountyCOOKE
- CityGainesville
- NeighborhoodDemarcus J
- Zip76240
- StyleRanch
- Year Built2018
- Taxes$ 4244
- Price$ 5,855,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage1782
- Lot Size123.16 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Uncover a rare expansive Residential, Commerical, or Equestrian Development Opportunity.... 123+ acre estate offering endless possibilities. Perfectly positioned with three separate road access points—including frontage on a major highway—this property boasts both visibility and convenience for large-scale projects or a private retreat. The estate features a well-maintained 3-bedroom, 2-bath home spanning 1,786 square feet, ideal as a personal residence, guest quarters, or office space. Equestrian enthusiasts and professionals will appreciate the three barns housing over 60 stalls, along with multiple paddocks, pastures, and scenic ponds. The property also includes a collection of storage buildings, labs, and office spaces designed for functionality and future expansion. Whether your vision is to create a luxury horse facility, master-planned residential community, or mixed-use commercial venture—this property has the location, infrastructure, and layout to bring it to life. Property can be subdivided. This is more than land—it’s a canvas for your next big opportunity.
| Elementary School |
|---|
| Callisburg Elementary School |
| Price History | |
|---|---|
| 9/21/2026 | Listed $5,855,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric,Gas |
| Utilities | Aerobic Septic,Co-op Electric,Co-op Water,Electricity Connected,Gravel/Rock,Septic,Other |
| Possession | Negotiable |
| Appliances | Gas Cooktop,Gas Oven |
| Easements | Utilities |
| current use | Agricultural,Crops and Livestock,Grazing,Horses,Ranch,Residential,Unimproved |
| Restrictions | Deed |
| School District | Callisburg ISD |
| Crops | Coastal Bermuda,Improved Pasture |
| Exclusions | Horse Walker |
| Year Built | 2018 |
| Architectural Style | Ranch,Other |
| Levels | One |
| AG Exemption | Yes |
| Unexempt Taxes | 4244 |
| Will Subdivide | Yes |
| Property Subtype | Farm/Ranch |
| Subdivision Name | Demarcus J |
| Possible Use | Agricultural,Cattle,Development,Equine,Grazing,Horses,Investment,Livestock,Mobile Home,Pasture,Ranch,Unimproved |
| Transaction Type | For Sale |
| Carport Spaces | 1 |
| County | Cooke |
| Property Type | Residential |
| Construction Materials | Brick,Concrete,Metal Siding,Wood |
| HOA Type | None |
| Number Of Barns | 3 |
| Full Baths | 3 |
| Status | Active |
| Directions | Please use GPS or call listing agent for multiple entrance directions . |
| City | Gainesville |
| Elementary School Name | Callisburg |
| High School | Callisburg |
| Elementary School | Callisburg |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20941405 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional,Other |
Interior Features
| Interior Features | Built-in Features |
|---|---|
| Fireplace Features | Gas |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Number Of Residences | 2 |
| Room Count | 3 |
| Half Baths | 2 |
| Lock Box Type | See Remarks |
| Total Bedrooms | 3 |
| Total Baths | 5 |
Exterior Features
| Exterior Features | Stable/Barn,Storage |
|---|---|
| Lot Features | Acreage,Agricultural,Many Trees,Pasture |
| Fencing | Barbed Wire,Fenced,Pipe,Wire,Wood,Other |
| Soil Type | Clay,Sandy Loam,Other |
| Horse Amenities | Barn(s),Breeding Barn,Hay Barn,Mare Motel,Round Pens,Show Barn,Tack Room,Wash Rack,Water to Barn |
| Other Structures | Barn(s),Residence,Shed(s),Stable(s),Storage,Workshop,Other |
| Parking Features | Additional Parking,Asphalt,Electric Gate |
| Lot Size | Over 100 Acres |
| Covered Spaces | 2 |
| Lot Size Area | 123.1600 |
| Lot Size Units | Acres |
| Farm Ranch Features | Walker |
| Structural Style | Farm/Ranch House,Single Detached |
| Road Frontage Type | County Road,FM Road,Highway,Private Road |
| Lot Size Square Feet | 5364849.6000 |
| Lot Size Acres | 123.1600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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