Joanna Ruesch

229 Southside Drive

Gainesville, TX
$ 665,000 Beds 3 Baths 2.5 Sq 2,251 Virtual Tour
Monthly Estimate* How much can I afford?

This exceptional lakeview property offers the perfect blend of lifestyle & investment potential. Designed for comfortable full-time living or effortless second-home enjoyment, it delivers the peace, views, and outdoor access that make lake living so desirable. Beyond being a beautiful place to call home, the property has a proven track record as a high-performing short-term rental. Successfully operated as an Airbnb house for multiple years, it boasts an outstanding 4.95 star guest rating, demonstrating consistent demand, strong reviews, & reliable income history. Adding even more value, the property includes an additional barn that presents a unique opportunity for supplemental rental income-whether used for storage rentals, event space, or creative income-producing possibilities (subject to buyer use & local regulations). Whether you're looking for a serene lakeside residence, a turnkey short-term rental, or a hybrid lifestyle-investment property, this home checks every box with location, performance, & future income potential.

Active

  • Price
  • $ 665,000
  • City
  • Gainesville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • COOKE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.8174 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 2,251
  • Year Built
  • 2006
  • Taxes
  • $ 5173
  • Style
  • Traditional
  • MLS#
  • 21190980
Listed By: RE/MAX FIRST REALTY
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Fireplace(s),Propane
Cooling Attic Fan,Ceiling Fan(s),Electric
Utilities Aerobic Septic,All Weather Road,Co-op Electric,Co-op Water,Community Mailbox,Outside City Limits,Propane
Possession Closing/Funding
Roof Metal
Appliances Dishwasher,Electric Oven,Gas Cooktop,Microwave,Double Oven,Refrigerator
Assoc Fees 700
Number of Garage Spaces 2
Restrictions Deed
School District Sivells Bend ISD
HOA Fee Includes Management Fees
Year Built 2006
Architectural Style Traditional
Levels Two
Unexempt Taxes 5173
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Whispering Hills
Transaction Type For Sale
Occupant Type Owner
County Cooke
Property Type Residential
Security Features Burglar,Security System,Smoke Detector(s),Wireless
Construction Materials Cedar,Rock/Stone
Association Fee Frequency Annually
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type Mandatory
Green Energy Efficient Appliances,Insulation
Full Baths 2
Status Active
Directions Use GPS or from Gainesville I-35 to Hwy 82 West,North on FM 1201 approx. 8 miles,left on Chaparral. Continue on Chaparral across small bridge. At top of hill turn left on Southside. Property on your
City Gainesville
Elementary School Name Sivells Bend
High School Muenster
Elementary School Sivells Bend
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21190980
Standard Status Active
Listing Terms Cash,Conventional,FHA,Texas Vet,VA Loan

Interior Features

Interior Features Built-in Features,Cathedral Ceiling(s),Decorative Lighting,Double Vanity,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Kitchen Island,Loft,Natural Woodwork,Open Floorplan,Walk-In
Flooring Ceramic Tile,Hardwood
Fireplace Features Gas Starter,Living Room,Outside,Propane,Stone
Fireplaces Total 2
Dining Areas 1
Living Areas 1
Room Count 6
Half Baths 1
Lock Box Type Combo
Total Bedrooms 3
Total Baths 3

Exterior Features

Exterior Features Courtyard,Covered Courtyard,Covered Deck,Covered Patio/Porch,Fire Pit,Gas Grill,Rain Gutters,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Living Center,RV/Boat Parking,Storm Cellar
Lot Features Acreage,Landscaped,Many Trees,Rolling Slope,Sprinkler System,Water/Lake View
Vegetation Partially Wooded
Fencing Fenced,Wood
Garage Length 23
Garage Width 20
Other Structures Workshop w/Electric
Parking Features Additional Parking,Garage Door Opener,Garage Faces Side,Garage Single Door,Inside Entrance,Oversized,Storage
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.8174
Lot Size Units Acres
Structural Style Lake House,Resort Property,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 35605.9440
Lot Size Acres 0.8174
Attached Garage Y/N Yes

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 Sivells Bend Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/26/2026 Listed $775,000
4/1/2026 7% - $725,000
7/23/2026 7% - $675,000
9/18/2026 2% - $665,000

Property vs Zip Code Average in 76240

Price
AVG $530K
$670K
Taxes
AVG $5,201
$5,173
Year Built
AVG 1988
2006
Visits
AVG 188
464
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

229 Southside Drive Gainesville, TX is a Single Family Home for sale at $665000 with 2251 sqft and a lot size of 0.8174 Acres Acre(s). 229 Southside Drive Gainesville has 3 bedrooms, 2 baths and was built in 2006. 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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