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$165,000

000 County Road 237, Gainesville, TX, 76240

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Situated in the rolling hills of southern Cooke County, this picturesque 3-acre property offers the perfect mix of rural charm and recreational convenience. Located within Gainesville ISD and just minutes from Lake Ray Roberts, this land provides an ideal setting for a custom home, weekend escape, or long-term investment. With county road frontage and utilities nearby, it’s ready for your vision—whether that’s a barndominium, modern farmhouse, or a peaceful retreat with room to roam. The property features farmed pasture land creating a beautiful canvas for development or leisure. With no HOA restrictions, you’ll enjoy the freedom to design your space as you see fit—bring your horses, build a shop, or start a small homestead. Lake Ray Roberts, one of North Texas’s most scenic and popular lakes, is just a short drive away, offering year-round opportunities for boating, fishing, kayaking, and hiking. For added entertainment, WinStar World Casino and Resort is also nearby, giving you access to concerts, dining, golfing, and gaming within minutes. Located just south of Gainesville with quick access to I-35, US-377, and Highway 82, this property offers both seclusion and connectivity. Whether you’re commuting to Denton or the Metroplex, planning to build your forever home, or simply looking for a piece of land to enjoy on weekends, this is a rare opportunity to own acreage in a prime and growing area of North Texas. Don't miss your chance to claim your own slice of country life with lake access, top-rated schools, and exciting nearby amenities. Schedule your showing today and come see what makes this property so special.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gainesville

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000 County Road 237 | Property Details | No Agent List