$250,000 IS THE OPENING BID FOR THIS 4.77 ACRE RANCHETTE BEING OFFERED FOR SELL IN A LIVE AUCTION ON SATURDAY, JULY 25TH AT 11:00AM. Auction Registration begins at 9am. The Live Auction will be conducted at the Property. The 4.77ac Ranchette features a 2606' Custom 2 Bedroom, 2 Bath Home with an Exterior Entry Office with a full bath that could also be used as a 3rd Bedroom. The property is fenced with a 4-Stall Horse Barn with a Tack Room and covered parking for Trailers or Equipment. Pastures are divided, one with a large stock tank. There's a circular driveway with a canopy of mature trees surrounding the house. Enjoy your privacy with shopping, dining, recreation, and entertainment nearby. Located just south of downtown Gainesville and only minutes Lake Kiowa and WinStar Casino with easy access to Denton, Dallas, Fort Worth and DFW via I-35. Sells AS IS. NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals and NO OPTION PERIOD. 10% Buyer's Premium will be added to the High Bid to constitute the Total Contract Price. Buyer's Premium is paid the day of the Auction by Cash or a Personal or Business Check will be accepted when accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance is due on Thursday, August 27, 2026 by 5:00pm at Acrisure Title of Texas in Frisco, by Cash, Financing or a combination of both.
| MLS # | 21329892 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2023 |
| Days On Site | 43 |
| Listing Provided By | David Elkins Real Estate | Tony Langdon |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,606 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 4.77 |
| Room Count | 4 |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Interior Features | Built-in Features, Decorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan |
| Appliances | Built-in Refrigerator, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Refrigerator |
| Lot Features | Acreage, Many Trees, Pasture, Rolling Slope, Tank/ Pond |
|---|
| Garage Yn | 0 |
|---|---|
| Parking Features | Additional Parking, Circular Driveway, Gravel, Other, Oversized, Parking Pad, RV Carport, Shared Driveway |
| Utilities | Co-op Electric, Co-op Water, Electricity Connected, Septic |
|---|
| State | TX |
|---|---|
| County | Cooke |
| City | Gainesville |
| Zip Code | 76240 |
| Area | Cooke |
| Community Name | King Estates |
| School District | Gainesville ISD |
| Elementary School | Edison |
| High School | Gainesvill |
| Listing VS Median (in King Estates) | |
Price: $561,000 low | high Med: $561,000 sqft: 2,606 low | high Med: 2,606 $ / sqft: $215 low | high Med: $215 On site: 43 low | high Med: 43 | |
| State | TX |
|---|---|
| County | Cooke |
| City | Gainesville |
| Zip Code | 76240 |
| Area | Cooke |
| Community Name | King Estates |
| School District | Gainesville ISD |
| Elementary School | Edison |
| High School | Gainesvill |
| Listing VS Median (in King Estates) | |
Price: $561,000 low | high Med: $561,000 sqft: 2,606 low | high Med: 2,606 $ / sqft: $215 low | high Med: $215 On site: 43 low | high Med: 43 | |