




$285,000
$305,000
391 County Road 147, Gainesville, TX, 76240
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PRICE REDUCED, WE ARE COMPLETED WITH THE MASONRY STONE WORK AND READY FOR A NEW OWNER!!! SURROUNDED BY A 500 ACRE HORSE RANCH, AND IN THE HEART OF HORSE COUNTRY IN COOKE COUNTY TX, THIS AMAZING SMALL HOME HAS IT ALL!!! IF YOU ARE LOOKING FOR A SEASONAL HOME, A FULL TIME HOME OR A VACATION GETAWAY, TAKE A LOOK AT THIS SPACIOUS A FRAME ON 2.65 ACRES AND AMAZING WIDE OPEN FLOOR PLAN 2 BEDROOM, 2 BATH HOME - NEW TO THE STUDS AND JUST FINISHING THE FAUX SLATE STONE THAT WILL SURROUND THE ENTRIE BOTTON OF THE HOME. FRONT AND BACK COVERED PORCHES, OUTDOOR GRILL MOUNTED IN THE GROUND, ROCK DECOR AND PLENTY OF SPACE TO BUILD A SMALL BARN. EASY ACCESS TO US HWY 82, CALLISBURG SCHOOLS, 38 MIN TO LAKE RAY ROBERTS, 13 MIN TO GAINESVILLE, 5 MIN TO WHITESBORO, 20 MIN TO SHERMAN TX. HOME SITS BACK ON HILL FROM THE ROAD, GREAT FRONT YARD, TONS OF PRIVACY IN THE BACK. THE HOME WAS STRIPPPED DOWN TO THE BARE STUDS, UPDATED ELECTRICAL, NEW PLUMBING, NEW HVAC, NEW ROOF, NEW SIDING, NEW WINDOWS AND DOORS, NEW CABINETS, NEW FLOORING, NEW SEPTIC, NEW GRANITE, NEW WATER HEATER, 6 INCHES NEW FOAM INSULATION UNDERNEATH, 10 YEAR WARRANTY ON HVAC, 30 YEAR WARRANTY ON SHINGLES, 2 YEAR WARRANTY OF SEPTIC.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gainesville
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