391 County Road 147

Gainesville, TX
$ 285,000 Beds 2 Baths 1.5 Sq 1,100 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 285,000
  • City
  • Gainesville
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • COOKE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 2.65 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 1,100
  • Year Built
  • 2024
  • Taxes
  • $ 3926
  • Style
  • A-Frame
  • MLS#
  • 21286584
Listed By: Vincent Realty Group
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Aerobic Septic,All Weather Road,Co-op Water,Electricity Connected,Gravel/Rock,Individual Water Meter,Outside City Limits,Phone Available,No City Services
Possession Closing/Funding
Roof Composition
Appliances Electric Range
School District Callisburg ISD
Exclusions CAMERAS
Year Built 2024
Architectural Style A-Frame
Levels Two
Unexempt Taxes 3926
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Brothers E
Transaction Type For Sale
Occupant Type Vacant
County Cooke
Property Type Residential
Security Features Smoke Detector(s),Wireless,Other
Construction Materials Fiberglass Siding,Wood
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type None
Full Baths 1
Status Active
Directions JUST MINUTES OFF OF US HWY 82 GPS FRIENDLY CALLISBURG EXIT NORTH TO CRR 147,TURN LEFT (WEST) AND HOME WILL BE ABOUT A MILE ON THE RIGHT
City Gainesville
Elementary School Name Callisburg
High School Callisburg
Elementary School Callisburg
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21286584
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,FHA,TX VET Assumable

Interior Features

Interior Features Cedar Closet(s),Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Natural Woodwork,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
Flooring Brick/Adobe,Luxury Vinyl Plank
Dining Areas 1
Living Areas 1
Room Count 6
Half Baths 1
Lock Box Type Combo
Total Bedrooms 2
Total Baths 2
Window Features Window Coverings
Laundry Features Electric Dryer Hookup,In Kitchen,Full Size W/D Area,Dryer Hookup

Exterior Features

Exterior Features Built-in Barbecue,Covered Patio/Porch
Lot Features Acreage,Irregular Lot,Lrg. Backyard Grass,Many Trees
Fencing Back Yard,Barbed Wire,Wire
Soil Type Unknown
Lot Size Source Other
Parking Features Driveway
Lot Size 1 to < 3 Acres
Foundation Pillar/Post/Pier
Lot Size Area 2.6500
Lot Size Units Acres
Structural Style Farm/Ranch House,Single Detached
Lot Size Square Feet 115434.0000
Lot Size Acres 2.6500
Patio And Porch Features Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Callisburg Elementary School
Middle School Unknown Middle School
High School

Price History

6/1/2026 Listed $350,000
7/18/2026 13% - $305,000
8/24/2026 7% - $285,000

Property vs Zip Code Average in 76240

Price
AVG $510K
$290K
Taxes
AVG $5,208
$3,926
Year Built
AVG 1988
2024
Visits
AVG 188
123
Data Provided by Inside Real Estate®

Areas That We Cover

391 County Road 147 Gainesville, TX is a Single Family Home for sale at $285000 with 1100 sqft and a lot size of 2.65 Acres Acre(s). 391 County Road 147 Gainesville has 2 bedrooms, 1 baths and was built in 2024. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.