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$1,500,000
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Property Description
Experience the best of country living just outside of Gainesville, Cooke County,Texas! This incredible property is located in the highly desirable Era school district, offering a perfect blend of rural tranquility and convenient access to town. Spanning over 81 acres, this property is a true gem for anyone seeking space for livestock or a private retreat. The land is fenced and cross-fenced, making it easy to manage and rotate your animals. A brand-new pond has been added, providing a beautiful and practical water source for wildlife and livestock alike. The property features a comfortable 3-bedroom, 2.5-bath home, with 2 living areas, or one could be used as a dining room, providing a cozy and functional living space for a family. In addition to the main house, you'll find several storage outbuildings, offering ample room for farm equipment, tools, and hobbies. A significant benefit of this property is the existing ag exemption, which can lead to substantial savings on your annual property taxes. This is a rare opportunity to own a large, productive piece of land in a fantastic location with a reputable school district. Imagine the possibilities-from raising horses or cattle to simply enjoying the peace and quiet of a Texas sunset. Don't miss out on this unique chance to own your own piece of Texas!!! Come and see this stunning property for yourself!
Full Property Details
Full Property Details for 1703 Co Rd 312
General
- Price: $1,500,000
- Taxes: $4,142
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21046227
- Updated: 9/15/2025
- Added to Site: 140 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Dishwasher, Electric Oven, Gas Cooktop, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage
Location
- County: Cooke
- Subdivision: Thompson Bj
- Driving Directions: From Interstate 35 at its intersection with FM 51 in Gainesville, Texas, go west on FM 51 approximately 5.8 miles to County Road 312. Turn right on County Road 312. Go approximately 0.6 miles. Property will be on your left. Sign on property.
School Information
- Elem School District: Era ISD
- Midd School District: Era ISD
- High School District: Era ISD
- Elementary School: Era
- Middle School: Era
- High School: Era
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,706 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Horses, Livestock, Pasture, Single Family
- Year Built: 1953
Additional Structures
- Other Structures: Barn(s), Outbuilding, Storage
Lot Features
- Lot Size (Acres): 81
- Lot Size (Sq. Ft.): 3,528,360
- Frontage: County Road, Gravel
- Lot Features: Acreage, Agricultural, Pasture, Pond on Lot
- Potential Use: Agricultural, Cattle, Grazing, Horses, Livestock, Pasture, Ranch, Residential
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,142
Disclosures and Reports
- Legal Description: THOMPSON BJ 1006 ACRES 1.0
- Property ID: 5564
Listed by Mossy Oaks Properties- Cross Timbers Land & Home, LLC, Mike Morris
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Schools
Schools serving 1703 Co Rd 312
School District:Era Independent School District
| Name | Grades | Distance |
|---|---|---|
Era School 108 Hargrove Street, Era, TX 76238 | PK-12 | 6.4 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 1703 Co Rd 312
Date
Details
Price
Change
Source
8/29/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1703 Co Rd 312
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,537
—
$294,416
-2%
2024
$2,537
-27%
$300,526
12%
2022
$3,483
—
$267,651
-1%
2022
$3,483
16%
$270,277
40%
2021
$2,990
4%
$193,538
10%
2020
$2,879
496%
$176,005
611%
2019
$483
-81%
$24,769
-81%
2018
$2,577
6%
$132,139
7%
2017
$2,437
-2%
$123,648
2%
2016
$2,479
11%
$121,445
2%
2015
$2,236
7%
$118,545
1%
2013
$2,086
4%
$117,578
4%
2012
$2,006
—
$112,607
—
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 1703 Co Rd 312
Want to learn more about 1703 County Road 312? Do you have questions about finding other Farm real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

