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Single family home for sale at 550 County Road 297, Gainesville, TX 76240 | MLS# 21139838 | Listing updated on 2026-07-05
Photo 1 of Single family home for sale at 550 County Road 297, Gainesville, TX 76240 | MLS# 21139838 | Listing updated on 2026-07-05
Photo 2 of Single family home for sale at 550 County Road 297, Gainesville, TX 76240 | MLS# 21139838 | Listing updated on 2026-07-05
Photo 3 of Single family home for sale at 550 County Road 297, Gainesville, TX 76240 | MLS# 21139838 | Listing updated on 2026-07-05
Photo 4 of Single family home for sale at 550 County Road 297, Gainesville, TX 76240 | MLS# 21139838 | Listing updated on 2026-07-05
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$2,340,000

Monthly Est:$11,647

  • Beds Icon6 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,870sqft

550 County Road 297, Gainesville, TX 76240

$11,647/moEst:

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  • Single Family Residence

  • Built in 2024

  • $-- HOA

  • 55.22 acres lot

  • $605/sq.ft

Description

Fantastic investment opportunity in the fast growing Golden North Texas corridor - north of Aubrey and Celina, and east of Lake Kiowa. Sailer Resort is a fully furnished, 55.22 acre estate that is AG exempt with NO deed restrictions and it doesn't lie within a flood zone. This incredible property offers unmatched flexibility for a multitude of event types, investment or personal use. Launched in March 2025, the resort secured a diverse range of bookings through year-end across celebrations, weddings, family reunions, proms, graduations, and corporate retreats prior to any formal marketing being done - indicating a strong market demand for this facility. Features include: a 6-bedroom, 5.5-bath Grand Villa with indoor event space for ~120 guests. An ~4,500 sq ft outdoor event deck for ~240 guests. Outdoor wedding venue for ~330 guests. 12’x20’ cottage storage area with event support gear and a wide variety of indoor and outdoor games for all ages. The remaining 50+ acres of open land offers long-term potential for the owner—expanding the existing facility, ideal for subdividing, group ownership, or holding as development expands from Lake Ray Roberts to Universal Studios to billion-dollar chip plants to the east. Whether you’re seeking a private retreat, a group investment, or an income-generating asset, Sailer Resort delivers lifestyle, cash flow, and appreciation—all in one turn-key opportunity. See resort flyer and 2006 survey in Transaction Desk. Call for an appointment now.

  • Houzeo last checked: 5 minutes ago
  • Listing updated: July 5, 2026 at 1:47 pm
  • Listing Provided by: Lynda Weaver | Lake & Country Realty, LLC (940) 580-2240
  • Source: NTREIS MLS-TX | MLS#: 21139838 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Cooke County

  • City

    Gainesville

  • Neighborhood

    --

  • Year Built

    2024

  • HOA Fees

    -

  • Finished Area

    3,870 sqft

  • Lot Size

    55.22 acres lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21139838

  • MLS Status

    Active

  • Cumulative Days on Market

    171

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 6

  • PrimaryBedroom

    Level: First

    Area: 180.00 Square Feet

    Dimensions: 10 x 18

  • GameRoom

    Level: First

    Area: 200.00 Square Feet

    Dimensions: 10 x 20

  • DiningRoom

    Level: First

    Area: 360.00 Square Feet

    Dimensions: 20 x 18

  • LivingRoom

    Level: First

    Area: 1650.00 Square Feet

    Dimensions: 55 x 30

Interior

  • Sewer

    Septic Tank

  • Cooling

    Central Air, Electric

  • Interior Features

    Cathedral Ceilings, High Speed Internet, Cable Tv

  • Heating

    Central, Heat Pump

  • Appliances

    Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal

Construction

  • Year Built

    Year Built: 2024

  • Home type

    Single Family Residence

  • Roof

    Composition

  • Architectural Style

    Barndominium

  • Construction Materials

    Aluminum Siding

Utilities & Energy

  • Security Features

    Smoke Detectors

  • Parking Features

    Additional Parking

  • Pool Features

    None

  • Water Source

    Public

  • Utilities

    Septic Available, Sewer Not Available, Underground Utilities, Water Available, Cable Available

  • Fireplace Features

    Decorative

Other Features

  • Patio And Porch Features

    Deck

  • Lot Features

    Acreage, Agricultural, Cleared, Pasture, Level

  • Disclosures

    Easements

  • Subdivision Name

    Mcelroy Jc

Price History

DateEventPrice

01/15/2026

Source: mls_logoNTREIS MLS-TX #21139838

Price Increased

$2,450,000 +4.70%

$633/sqft

01/15/2026

Source: mls_logoNTREIS MLS-TX #21139838

Listed for Sale

$2,340,000

$605/sqft

Nearby Homes

Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 10, 2026, 12:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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