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Chris Fetrow

chris@fetrowteam.com +1(214) 682-8276

$ 2,340,000

Est. payment -/mo

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Active

550 County Road 297 Gainesville, TX 76240

6 Beds

6 Baths

3,870 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $604

Subdivision Mcelroy Jc

MLS Listing ID 21139838

Style Barndominium

Bedrooms 6

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 2024

Annual Tax Amount $103

Lot Size 55.220 Acres

Acres 55.22

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TX

County Cooke

Direction Use only Google maps. Apple maps gives incorrect directions.

Interior

Interior Features Cathedral Ceiling(s), High Speed Internet, Cable TV

Heating Central, Heat Pump

Cooling Central Air, Electric

Fireplaces Number 1

Fireplaces Type Decorative

Fireplace Yes

Appliance Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal

Exterior

Parking Features Additional Parking

Carport Spaces 5

Pool None

Utilities Available Septic Available, Sewer Not Available, Underground Utilities, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Present Use Agricultural,Commercial,Investment,Recreational

Topography Level

Porch Deck

Road Frontage County Road

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Pasture, Level

Sewer Septic Tank

Water Public

Level or Stories One

Schools

Elementary Schools Callisburg

Middle Schools Callisburg

High Schools Callisburg

School District Callisburg Isd

Others

Senior Community No

Tax ID 87373

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Texas Vet, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, Texas Vet, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21139838

Chris Fetrow

Realtor, Team Leader | License ID: 0700444

+1(214) 682-8276

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Chris Fetrow

550 County Road 297 Gainesville, TX 76240

Key Details

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Interior

Exterior

Building

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550 County Road 297