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    1546 County Road 123 Gainesville, TX 76240

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    $ 450,000
    1546 County Road 123 Gainesville, TX 76240
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    TX > Gainesville > French M
    Gainesville, TX 76240,1546 County Road 123
    Gainesville, TX 76240,1546 County Road 123
    Gainesville, TX 76240,1546 County Road 123
    Gainesville, TX 76240,1546 County Road 123
    Gainesville, TX 76240,1546 County Road 123
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    Tamra Holden

    Tamra Holden

    team@thgdallas.com +1(469) 569-6549
    $ 450,000
    Est. payment | /mo

    5 Beds

    3 Baths

    3.29 Acres Lot


    Save Virtual Tour
    $ 450,000
    Est. payment | /mo
    Save Virtual Tour

    5 Beds

    3 Baths

    3.29 Acres Lot

    Key Details

    Property Type Single Family Home

    Sub Type Multiple Single Units

    Listing Status Active

    Purchase Type For Sale

    Subdivision French M

    MLS Listing ID 21059888

    Bedrooms 5

    Full Baths 3

    HOA Y/N None

    Total Fin. Sqft 2256

    Year Built 1998

    Annual Tax Amount $3,299

    Lot Size 3.291 Acres

    Acres 3.291

    Property Sub-Type Multiple Single Units

    Property Description

    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 separate meters for water and electric service. With its blend of space and potential, this property is ideal for those seeking rental income with potential for future development or a future acreage homesite.

    Location

    State TX

    County Cooke

    Direction From Gainesville, East on US 82 toward Oak Ridge. South on CR 123 (also Tabernacle Road). Property will be on the left. Sign on lot.

    Interior

    Interior Features High Speed Internet Available

    Heating Central

    Cooling Ceiling Fan(s), Central Air, Electric, Window Unit(s)

    Flooring Linoleum

    Fireplaces Number 1

    Fireplaces Type Other

    Appliance Electric Range

    Heat Source Central

    Exterior

    Fence Barbed Wire, Partial, Pipe

    Utilities Available Aerobic Septic, Co-op Water

    Roof Type Composition

    Garage No

    Building

    Lot Description Acreage

    Story One

    Foundation Pillar/Post/Pier, Slab

    Level or Stories One

    Structure Type Aluminum Siding,Siding

    Schools

    Elementary Schools Chalmers

    High Schools Gainesvill

    School District Gainesville Isd

    Others

    Ownership MONTE WIMMER

    Acceptable Financing Cash, Conventional, Owner Will Carry

    Listing Terms Cash, Conventional, Owner Will Carry

    Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21059888

    North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
    ©2025 North Texas Real Estate Information Systems.
    Listed by Terri Mccutcheon • Talley and Company, LTD

    GET MORE INFORMATION

    Tamra Holden
    Tamra Holden

    Broker-Associate | Lic# 0625547

    team@thgdallas.com

    +1(469) 569-6549

    5605 N. MacArthur Blvd, Irving, TX, 75038

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    1546 County Road 123

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    Tamra Holden Lic# 0625547

    +1(469) 569-6549 team@thgdallas.com

    5605 N. MacArthur Blvd, Irving, TX, 75038

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