550 County Road 297, Gainesville, TX

$2,340,000

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6

Beds

5.1

Baths

3,870

Square feet

55.22

Acres

About 550 County Road 297

Fantastic investment opportunity in the fast growing Golden North Texas corridor - north of Aubrey and Celina, and east of Lake Kiowa. Sailer Resort is a fully furnished, 55.22 acre estate that is AG exempt with NO deed restrictions and it doesn't lie within a flood zone. This incredible property offers unmatched flexibility for a multitude of event types, investment or personal use. Launched in March 2025, the resort secured a diverse range of bookings through year-end across celebrations, weddings, family reunions, proms, graduations, and corporate retreats prior to any formal marketing being done - indicating a strong market demand for this facility. Features include: a 6-bedroom, 5.5-bath Grand Villa with indoor event space for ~120 guests. An ~4,500 sq ft outdoor event deck for ~240 guests. Outdoor wedding venue for ~330 guests. 12’x20’ cottage storage area with event support gear and a wide variety of indoor and outdoor games for all ages. The remaining 50+ acres of open land offers long-term potential for the owner—expanding the existing facility, ideal for subdividing, group ownership, or holding as development expands from Lake Ray Roberts to Universal Studios to billion-dollar chip plants to the east. Whether you’re seeking a private retreat, a group investment, or an income-generating asset, Sailer Resort delivers lifestyle, cash flow, and appreciation—all in one turn-key opportunity. See resort flyer and 2006 survey in Transaction Desk. Call for an appointment now.

Features of 550 County Road 297

MLS® # 21139838
Price $2,340,000
Bedrooms 6
Bathrooms 5.10
Full Baths 5
Half Baths 1
Square Footage 3,870
Acres 55.22
Year Built 2024
Type Residential
Sub-Type Single Family Residence
Style Barndominium
Status Active

Community Information

Address 550 County Road 297
Subdivision Mcelroy Jc
City Gainesville
County Cooke
State TX
Zip Code 76240

Amenities

Utilities City Water, Septic, Sewer Not Available, Underground Utilities
Garages Additional Parking
Is Waterfront No
Has Pool No

Interior

Interior Features Cathedral Ceiling(s), Cable TV Available, High Speed Internet Available
Heating Central, Heat Pump
Fireplace Yes
# of Fireplaces 1
Fireplaces Decorative

Exterior

Lot Description Acreage, Agricultural, Cleared, Pasture
Roof Composition
Construction Aluminum Siding

School Information

District Callisburg ISD
Elementary Callisburg
Middle Callisburg
High Callisburg

Financial Information

HOA None
Tax Unexempt $103

Listing Details

AgentLynda Weaver
OfficeLake & Country Realty, LLC
Contact Info940-580-2240

Listing Map

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