550 County Road 297, Gainesville, TX 76240
- $2,340,000
- 6
- BD
- 6
- BA
- 3,870
- SqFt
- List Price
- $2,340,000
- Price Change
- ▼ $110,000 1777585763
- MLS#
- 21139838
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Barndominium
- Year Built
- 2024
- Bedrooms
- 6
- Bathrooms
- 6
- Acres
- 55.22
- Living Area
- 3,870
- County
- Cooke
- City
- Gainesville
- Subdivision
- Mcelroy Jc
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.
Additional Information
- Unexempt Taxes
- $103
- Lot Size
- 2,405,383
- Lot Description
- Agricultural, Cleared, Pasture, Level
- Interior Features
- Vaulted/Cathedral Ceilings, High Speed Internet, Cable TV
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Decorative
- Carport Spaces
- 5
- Parking Garage
- Additional Parking
- School District
- Callisburg Isd
- Elementary School
- Callisburg
- Middle School
- Callisburg
- High School
- Callisburg
- Proposed Use
- Agricultural, Cattle, Commercial, Development, Grazing, Horses, Industrial, Investment, Livestock, Multi-Family, Mixed Use, Pasture, Ranch, Residential, Recreational, Development
- Possession
- CloseOfEscrow
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Listing courtesy of Lynda Weaver from Lake & Country Realty, LLC. Contact: 940-580-2240