550 CR-297, Gainesville TX 76240

$3,339,999

550 CR-297, Gainesville, TX 76240

bedrooms

bathrooms

square feet

3,870

Acreage

55.22

Open Houses

year built

2024

Full Baths

Half Baths

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Fabulous Sailer Resort Ranch property located along the 'Golden Corridor' growth path north of Aubrey Celina and just east of Lake Kiowa. Sailer Resort features a Grand Villa, Large ~4,500 sq ft. Outdoor Deck, Wedding Event Venue, Amazing Outdoor and Indoor Games and more for you to cherish your memories. Located in a serene private setting, this 55.22 acre fantastic piece of Texas does NOT have any deed restrictions and is away from the FEMA 100 year flood zone. Have fun or make money out of this FULLY furnished brand new resort while you hold the remaining land until the growth catches up to you. This can be a great investment opportunity for you or a group of visionaries for its numerous options such as your personal pleasure, short term rentals, events, outdoor gaming activities etc. We had just received approvals from short term rental and events platforms and are poised to enter the market soon. This 6 bed and 5.5 bath villa is designed in such a way that it can accomodate a decent size event upto ~120 guests in the living area if weather is non-cooperative outdoors. While you explore making the best out of the rentals and events, you can plan to split the raw land into parcels and offer to your closest ones along with incentivizing their stay or events at Sailer Resort. If your plan is to hold for a few more years, then the land value should grow much higher as a reactive market is happening from major residential developments nearby to Universal Studios Resort in the south to Billions of dollars Chip Plants to the east. Do not miss this fantastic opportunity to own a ranch of yours along with creating lifelong memories for your life!

Location
Subdivision	Mcelroy JC
County	Cooke
Elementary School	Chalmers
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20849713

Listing agent: Andy Anand #0720453

Listing broker: Douglas Elliman Real Estate (281) 652-5588

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Last update: Monday, March 3 2025 at 2:37 p.m. EST

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