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$130,000

3772 County Road 122, Gainesville, TX, 76240

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.01 acres

Land Information

APN160401
Lot Number6
SubdivisionStallion Meadows Ranch
Land UseAgriculture / Farming
Legal DescriptionSTALLION MEADOWS RANCH; BLOCK A; LOT 6; ACRES 5.01
Census Tract000100
Assessed Land Value$772
Assessed Improvement Value$1,536
Assessment Year2025

About this property

Get away from city life and build your dream home! Enjoy all the natural beauty, gorgeous sunrises, sunsets, pond, and abundant wildlife! There is an adjoining 5-acre tract (MLS# 20241404) also for sale, so if more land is your desire, here it is (pond is situated on both parcels)! City water and cooperative electric are available. Located on a paved road just north of Callisburg High School and not far from Highway 82 for easy access to Gainesville or Sherman. You can also enjoy fun times at Winstar World Casino and Resort—it's just a hop, skip, and a jump away!

Investor Tools

Property Icon
$2,308
Estimated Property Value
$451,000Estimated Mortgage Balance
$0Estimated Equity
-19441% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,443
$2,308
2025
$772
$1,536
$114,236
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,443
$2,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$92,000
No
First
Jun 16, 2023
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$766,013
N/A
0%
33189%
$5,145/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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3772 County Road 122 | Property Details | No Agent List