1546 County Road 123, Gainesville, TX 76240

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1546 County Road 123,Gainesville, TX 76240
$450,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,256 sq. ft.
  • Multi-family
  • Active
Listed by: terri mccutcheon972-978-7477
Office: talley and company, ltd
MLS#:21059888
Source:GDAR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$199.47

About this home

Peaceful country acreage lot with 2 income producing homes just minutes from Gainesville. This charming property offers the best of both worlds—quiet country living with convenient access to town, major highways, and shopping. This property would be ideal for a custom home site at the back while maintaining an income producing property at the road frontage. The homes are located on a spacious lot with a small pond, a 1200SF barn and small storage structures, mature trees at the back, partially fenced, and separate driveway access for the homes. Home at the front of the property is a 2 bedroom pier and beam, with a recent laundry room slab addition. Home at the rear is a manufactured home with 3 bedrooms and tenant provides all maintenance and repairs at current lease rate. Located in Cooke County, this property has no city taxes, provides easy access to Gainesville schools, dining, and amenities, while still delivering the privacy and tranquility of country living. Each home has

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Home facts

  • Year built:1998
  • Listing ID #:21059888
  • Added:106 day(s) ago
  • Updated:January 11, 2026 at 12:46 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,256 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric, Window Units
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1998
  • Building area:2,256 sq. ft.
  • Lot area:3.29 Acres

Schools

  • High school:Gainesvill
  • Elementary school:Chalmers

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$199.47
  • Tax amount:$3,299
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated January 11, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.

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