
$850,379
NAL Estimated Property Value961 FM 678 Street, Gainesville, TX, 76240
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About this property
Fantastic piece of flat land ready for a manufactured home. Just minutes outside of Gainesville with city sewer and electricity ready at the street, great opportunity to build. The lot is .78 acre and mostly flat from front to back. This lot is being sold with MLS 20869074 creating a 3 acre ranch. Each parcel has separate, unrelated ownership and that each parcel will be contracted separately.
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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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