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Days19Days on Market
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$280,000

2075 County Road 151, Gainesville, TX, 76240

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.94 acres

Land Information

APN25005
SubdivisionRandolph Jm
Land UseNon-Qualified Ranch Land
Legal DescriptionRANDOLPH JM; 0868; 11.9430
Census Tract000100
Assessed Land Value$240,811
Assessment Year2025

About this property

Gorgeous property with almost 12 acres of land. No Known Restrictions, Outside City Limits! Perfect mix of trees and open space for building your dream home or barndominium, with plenty of room for additional storage buildings, animals or recreation. Electricity available on both sides of the property, giving flexibility for where you build. Property is just minutes from Highway 82, with easy access to Gainesville, Sherman, Whitesboro and Lake Texoma. Enjoy the attractions and amenities of the Winstar World Casino and Resort, just 30 minutes north in Oklahoma. Property has electricity available and is accessible by gravel road.

Investor Tools

$0Estimated Mortgage Balance
$240,811Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Austin Jordan

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20
$240,811
2025
$240,811
N/A
$240,811
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$20
$240,811

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$240,811
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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