About 1546 County Road 123
Peaceful country acreage lot with 2 income producing homes just minutes from Gainesville. This charming property offers the best of both worlds—quiet country living with convenient access to town, major highways, and shopping. This property would be ideal for a custom home site at the back while maintaining an income producing property at the road frontage. The homes are located on a spacious lot with a small pond, a 1200SF barn and small storage structures, mature trees at the back, partially fenced, and separate driveway access for the homes. Home at the front of the property is a 2 bedroom pier and beam, with a recent laundry room slab addition. Home at the rear is a manufactured home with 3 bedrooms and tenant provides all maintenance and repairs at current lease rate. Located in Cooke County, this property has no city taxes, provides easy access to Gainesville schools, dining, and amenities, while still delivering the privacy and tranquility of country living. Each home has separate meters for water and electric service. With its blend of space and potential, this property is ideal for those seeking rental income with potential for future development or a future acreage homesite.
Features of 1546 County Road 123
| MLS® # | 21059888 |
|---|---|
| Price | $450,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Acres | 3.29 |
| Year Built | 1998 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1546 County Road 123 |
|---|---|
| Subdivision | French M |
| City | Gainesville |
| County | Cooke |
| State | TX |
| Zip Code | 76240-1520 |
Amenities
| Utilities | Aerobic Septic, Co-op Water |
|---|---|
| Garages | Additional Parking, Aggregate, Circular Driveway, Driveway, On Site, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet Available |
|---|---|
| Heating | Central |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Other |
Exterior
| Lot Description | Acreage |
|---|---|
| Roof | Composition |
| Construction | Aluminum Siding, Siding |
| Foundation | Pillar/Post/Pier, Slab |
School Information
| District | Gainesville ISD |
|---|---|
| Elementary | Chalmers |
| High | Gainesvill |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $3,299 |
Listing Details
| Agent | Terri Mccutcheon |
|---|---|
| Office | Talley and Company, LTD |
| Contact Info | 972-978-7477 |