380 County Road 123

Gainesville, TX
$ 550,000 Beds 4 Baths 3 Sq 2,220 Virtual Tour
Monthly Estimate* How much can I afford?

Your own private North Texas retreat surrounded by nature. Escape the ordinary with nearly 2 acres and over 180 towering trees. The spacious four-bedroom, three-bath home offers a flexible floor plan with generous living areas. The updated kitchen is light and bright with granite counters and stainless steel appliances. You will love the functional mudroom and utility with direct access to garage and yard. Two custom fireplaces, one in the family room and one in the primary suite, perfect for cozy evenings. Generous sized secondary bedrooms and beautiful views out every window. Outside, you’ll find endless room to relax, entertain, and enjoy nature. Large covered patio for year round enjoyment plus a wrought iron fenced area ideal for pets or play. Love bird watching? This is your place. A covered parking pad with power provides convenient space for an RV, boat, or additional vehicles. Whether you're searching for quiet country living, extra space to spread out, or a property with both charm and functionality, this one offers a rare opportunity to enjoy the beauty of North Texas living. Conveniently located 8 minutes from historic downtown Gainesville and near Ray Roberts Lake State Park and Hubert M Moss Lake, offering easy access to boating, fishing, hiking, horseback riding, camping, and year-round outdoor recreation.

Active

  • Price
  • $ 550,000
  • City
  • Gainesville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • COOKE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.75 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 2,220
  • Year Built
  • 1978
  • Taxes
  • $ 5908
  • Style
  • Traditional
  • MLS#
  • 21262318
Listed By: Keller Williams Realty DPR
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities City Water,Electricity Available,Septic
Possession Closing/Funding
Roof Asphalt
Appliances Dishwasher,Disposal,Electric Range
Number of Garage Spaces 2
School District Gainesville ISD
Year Built 1978
Architectural Style Traditional
Levels Two
Unexempt Taxes 5908
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Bailey Acc
Transaction Type For Sale
Occupant Type Owner
Carport Spaces 2
County Cooke
Property Type Residential
Construction Materials Brick,Rock/Stone,Siding
Year Built Details Preowned
HOA Type None
Full Baths 3
Status Active
Directions use GPS
City Gainesville
High School Gainesvill
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21262318
Standard Status Active
Junior High School Gainesvill
Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan

Interior Features

Interior Features Built-in Features,Cable TV Available,Granite Counters
Flooring Carpet,Ceramic Tile,Wood
Fireplace Features Wood Burning Stove
Fireplaces Total 2
Dining Areas 1
Living Areas 2
Room Count 7
Lock Box Type Blue iBox
Total Bedrooms 4
Total Baths 3
Laundry Features Electric Dryer Hookup,Utility Room,Full Size W/D Area

Exterior Features

Exterior Features Covered Patio/Porch,RV Hookup,RV/Boat Parking
Lot Features Acreage,Landscaped,Many Trees,Oak
Vegetation Cleared,Grassed,Heavily Wooded
Fencing Fenced,Metal,Wire,Wrought Iron
Soil Type Unknown
Other Structures RV/Boat Storage,Shed(s)
Parking Features Additional Parking,Asphalt,Carport,Direct Access,Driveway,Garage,Garage Door Opener,Oversized,Parking Pad,RV Access/Parking,RV Carport
Lot Size 1 to < 3 Acres
Covered Spaces 4
Foundation Slab
Lot Size Area 1.7500
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 76230.0000
Lot Size Acres 1.7500
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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/7/2026 Listed $550,000

Property vs Zip Code Average in 76240

Price
AVG $510K
$550K
Taxes
AVG $5,208
$5,908
Year Built
AVG 1988
1978
Visits
AVG 188
304
Data Provided by Inside Real Estate®

Areas That We Cover

380 County Road 123 Gainesville, TX is a Single Family Home for sale at $550000 with 2220 sqft and a lot size of 1.75 Acres Acre(s). 380 County Road 123 Gainesville has 4 bedrooms, 3 baths and was built in 1978. 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.