2289 County Road 131, Gainesville, Texas

$325,000
Active
2289 County Road 131, Gainesville, Texas
2289 County Road 131, Gainesville, Texas
2289 County Road 131, Gainesville, Texas
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Property Details

MLS ID: 20755526
Status: Active
Price: $325,000
Acres: 2.14±
Type: Fourplex, Residential
Address: 2289 County Road 131
City, State: Gainesville, TX
County: Cooke County
ZIP Code: 76240
Parcel Number: 313778
Year Built: 2023

Description

Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!

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Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong
Capitol Ranch Real Estate, LLC
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Listed By: Trisha Villa of Re/max First Realty