Joanna Ruesch

550 County Road 297

Gainesville, TX
$ 2,340,000 Beds 6 Baths 5.5 Sq 3,870 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,340,000
  • City
  • Gainesville
  • Bedrooms
  • 6
  • Full Bathrooms
  • 5
  • County
  • COOKE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 55.22 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 3,870
  • Year Built
  • 2024
  • Taxes
  • $ 103
  • Style
  • Barndominium
  • MLS#
  • 21139838
Listed By: Lake & Country Realty, LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Heat Pump
Cooling Central Air,Electric
Utilities City Water,Septic,Sewer Not Available,Underground Utilities
Possession Closing/Funding
Roof Composition
Appliances Built-in Gas Range,Built-in Refrigerator,Dishwasher,Disposal
Easements Utilities
current use Agricultural,Commercial,Investment,Resort
School District Callisburg ISD
Crops Native
Year Built 2024
Architectural Style Barndominium
Topography Level,slightly rolling - cleared
Levels One
AG Exemption Yes
Unexempt Taxes 103
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Mcelroy Jc
Possible Use Agricultural,Cattle,Commercial,Development,Equine,Grazing,Industrial,Investment,Livestock,Mixed Use,Multi-Family,Pasture,Ranch,Recreational,Residential,Resort,Subdevelopment
Transaction Type For Sale
Occupant Type Vacant
Carport Spaces 5
County Cooke
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type None
Special Notes Survey Available,Utility Easement,Verify Rollback Tax,Verify Tax Exemptions
Full Baths 5
Status Active
Directions Use only Google maps. Apple maps gives incorrect directions.
City Gainesville
Elementary School Name Callisburg
High School Callisburg
Elementary School Callisburg
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21139838
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,Texas Vet,VA Loan

Interior Features

Interior Features Cable TV Available,Cathedral Ceiling(s),High Speed Internet Available
Fireplace Features Decorative
Fireplaces Total 1
Dining Areas 1
Living Areas 3
Number Of Residences 1
Room Count 4
Half Baths 1
Lock Box Type None
Total Bedrooms 6
Total Baths 6

Exterior Features

Lot Features Acreage,Agricultural,Cleared,Pasture
Lot Size Source Assessor
Parking Features Additional Parking
Lot Size 50 to =< 100 Acres
Covered Spaces 5
Lot Size Area 55.2200
Lot Size Units Acres
Acres Pasture 50.00
Structural Style Resort Property
Road Frontage Type County Road
Lot Size Square Feet 2405383.2000
Lot Size Acres 55.2200
Patio And Porch Features Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Callisburg Elementary School
Middle School Unknown Middle School
High School

Price History

1/15/2026 Listed $2,450,000
4/30/2026 5% - $2,340,000

Property vs Zip Code Average in 76240

Price
AVG $510K
$2.34M
Taxes
AVG $5,208
$103
Year Built
AVG 1988
2024
Visits
AVG 188
121
Data Provided by Inside Real Estate®

Areas That We Cover

550 County Road 297 Gainesville, TX is a Single Family Home for sale at $2340000 with 3870 sqft and a lot size of 55.22 Acres Acre(s). 550 County Road 297 Gainesville has 6 bedrooms, 5 baths and was built in 2024. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joanna Ruesch

Joanna Ruesch

830-515-6166

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