Date
Details
Price
Change
Source
2/16/2026
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$2,450,000 Just Listed
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1/21
Property Description
Prime Investment Opportunity - Three Custom-Built Quadplexes on 5 Acres Seize this rare investment opportunity featuring three custom-built quadplexes designed for quality and efficiency. Each unit boasts wide plank tile flooring, granite countertops, a full appliance package, and spray foam insulation for energy efficiency. Nestled in a tranquil, rolling landscape under a canopy of mature trees, this property offers both privacy and scenic beauty. Beyond the quadplexes, an additional 35 acres of prime land provide endless possibilities for future development, including residential lots, RV parking, or other ventures. Enjoy breathtaking hilltop views and the convenience of being less than a mile from Callisburg High School. Whether you're looking to expand a rental portfolio or develop a thriving community, this property is a versatile and lucrative opportunity in a rapidly growing area. Don't miss out-schedule a viewing today! The quads and 40.4 acres is available for $3,450,000.
Full Property Details
Full Property Details for 1304 Co Rd 115 #12
General
- Price: $2,450,000
- Taxes: $30,301
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21125370
- Updated: 2/16/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Smoke Detector(s), Security Lights
Exterior
- Exterior Features: Lighting, RV Hookup
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 24
- Parking Features: Additional Parking, Common, On Site, Open, Parking Lot
Location
- County: Cooke
- Subdivision: Fcsl
- Driving Directions: Hwy 82 East to FM 678. North on FM 678 to Mc Daniel, Left on Mc Daniel and then Right on CR 115. Property is just about.6 of a mile to the North of the Callisburg High School on the Left.
School Information
- Elem School District: Callisburg ISD
- Midd School District: Callisburg ISD
- High School District: Callisburg ISD
- Elementary School: Callisburg
- Middle School: Callisburg
- High School: Callisburg
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Board & Batten Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 16,242
- Sq. Ft. Source: Assessor
- Year Built: 2021
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Size Source: Assessor
- Lot Features: Acreage, Back Yard, Cleared, Interior Lot, Lawn, Native Plants, Many Trees
- Fencing (Description): Partial Cross
Green Features
- Energy Efficient: Insulation
Financial Considerations
- Tax Amount: $30,301
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: FCSL 1248 BLOCK 27 ACRES 5.0
- Property ID: 9536
- Block: 27
Listed by Tierra Real Estate, MISTY SCHMITZ
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1304 Co Rd 115 #12 —
MISTY SCHMITZ
Tierra Real Estate
940-665-6730
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1304 Co Rd 115 #12
School District:Callisburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Callisburg Elementary School 648 Fm 3164, Gainesville, TX 76240 | PK-5 | 7.6 mi |
Callisburg Middle School 308 Dozier Street, Callisburg, TX 76240 | 6-8 | 1.1 mi |
Callisburg High School 308 Dozier Street, Callisburg, TX 76240 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1304 Co Rd 115 #12
Tax History
Tax History for 1304 Co Rd 115 #12
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,802
—
$301,038
—
2024
$3,802
-85%
$300,579
-3%
2022
$24,974
—
$308,585
-82%
2022
$24,974
1793%
$1,683,708
377%
2021
$1,319
18%
$352,762
100%
2020
$1,121
55%
-100%
2019
$725
1%
$37,215
1%
2018
$718
58%
$36,866
59%
2017
$453
-1%
$23,120
—
2016
$457
—
$23,120
—
2015
$457
26%
$23,120
—
2013
$362
2%
$23,120
24%
2012
$355
—
$18,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1304 Co Rd 115 #12
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1304 County Road 115 #12, Gainesville, TX 76240 (MLS# 21125370) is a Multi-Family property with 12 units containing 2 bedrooms and 2 full bathrooms. 1304 County Road 115 #12 is currently listed for $2,450,000 and was received on February 16, 2026. Want to learn more about 1304 County Road 115 #12? Do you have questions about finding other Multi-Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.