1546 County Road 123, Gainesville, TX 76240

Local realty services provided by:ERA Steve Cook & Co, Realtors
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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1998
  • Listing ID #:21059888
  • Added:141 day(s) ago
  • Updated:February 15, 2026 at 12:41 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 February 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Steve Cook & Co, Realtors.

New listings near 1546 County Road 123