2289 County Road 131

By Owner
GAINESVILLE, TX, 76240
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Property Description

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5 Bedrooms

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4.0 Baths

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0 SQ FT

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7.00 Acres

$749,000

Multifamily Goldmine on 6 1/2 acres Outside the city limits with NO RESTRICTIONS!! Turn your ideas into income! No BS city codes! Build what you want, When you want and , How you want! This very rare income producing property is available! Only 2 miles outside the growing city limits of Gainesville, Texas. This property sits on 6 1/2 acres ,Located on a paved county Road. The property has a duplex . A three bedroom two bath 1100 square-foot site built house. (house is livable, but unfinished) Two 1 bedroom cabin style small apartments each individually metered. Apartments were built in 2022. And the third one that is almost done . Both units currently rented at 1250 a month. Tenants have a good credit and clean background. Woodbine water already installed. No well required! Extra waterline already installed for future expansion (see pictures) . 30 x 20 concrete slab already poured for future expansion. 600 gallon aerobic septic system only two years old FSBO. Buyer responsible for buyer agent commission. Buyer, seller and title company only.


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