123 County Road 123

Gainesville, TX
$ 850,000 Beds 4 Baths 2.5 Sq 2,200 Virtual Tour
Monthly Estimate* How much can I afford?

REDUCED $49K! DO NOT MISS OUT OM THIS UNBEILABLE DEAL!! Welcome to your dream country property! Built in 2021, this stunning custom home offers approximately 2,200 square feet of thoughtfully designed living space on 6.1 beautifully treed acres with agricultural exemption and fully fenced. From the moment you arrive, you'll appreciate the immaculate condition, exceptional craftsmanship, and picturesque setting. Inside, the open-concept floor plan features soaring 10-foot ceilings, elegant crown moldings, and a cozy corner fireplace that serves as the focal point of the spacious living area. The gourmet kitchen is designed to impress with granite countertops, a beautiful tile backsplash, a massive center island, and abundant cabinetry—perfect for entertaining and everyday living. The home offers four spacious bedrooms and two-and-a-half baths, providing comfort and flexibility for family and guests. High-end finishes, quality materials, and attention to detail are evident throughout every room. Step outside and enjoy the beautifully landscaped grounds from the expansive covered wraparound porch, ideal for relaxing and taking in the peaceful surroundings. Equestrian enthusiasts will appreciate the three-stall barn complete with a tack room, round pen, and corrals. Additional improvements include a storage building and a 25' x 30' garage, offering plenty of space for equipment, hobbies, and vehicles. Combining modern luxury with country charm, this exceptional property is truly move-in ready and offers the perfect blend of comfort, functionality, and outdoor living.

Active

  • Price
  • $ 850,000
  • City
  • Gainesville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • COOKE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 6.1 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 2,200
  • Year Built
  • 2021
  • Taxes
  • $ 6105
  • Style
  • Traditional
  • MLS#
  • 21289975
Listed By: TIERRA REAL ESTATE
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Fireplace(s),Propane
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,Co-op Electric,Electricity Available,Outside City Limits,Rural Water District,Septic
Possession Negotiable
Roof Composition
Appliances Dishwasher,Disposal,Gas Range,Gas Water Heater,Plumbed For Gas in Kitchen
current use Pasture
Number of Garage Spaces 2
School District Gainesville ISD
Exclusions Personal Property
Year Built 2021
Architectural Style Traditional
Levels One
AG Exemption Yes
Unexempt Taxes 6105
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Bailey Acc
Possible Use Cattle,Horses,Sheep/Goats
Transaction Type For Sale
County Cooke
Property Type Residential
Construction Materials Fiber Cement
Year Built Details Preowned
HOA Type None
Number Of Barns 1
Special Notes Survey Available
Full Baths 2
Status Active
Directions From Gainesville Take Highway 82 East,Right on County Road 123 (GPS Might Have You Go Left but its RIGHT) Home Will Be On The Right. Look For The Sign At The Entrance
City Gainesville
Elementary School Name Chalmers
High School Gainesvill
Elementary School Chalmers
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21289975
Standard Status Active
Junior High School Gainesvill
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Decorative Lighting,Granite Counters,Kitchen Island,Open Floorplan,Walk-In Closet(s)
Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank
Fireplace Features Gas Starter
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Number Of Residences 1
Room Count 3
Half Baths 1
Lock Box Type None
Total Bedrooms 4
Total Baths 3
Window Features Window Coverings
Laundry Features Utility Room,Full Size W/D Area

Exterior Features

Exterior Features Covered Patio/Porch,RV/Boat Parking,Stable/Barn,Storage
Lot Features Acreage
Fencing Fenced,Metal,Partial Cross,Vinyl,Wire
Garage Length 25
Garage Width 30
Horse Amenities Barn(s),Goat/Sheep Barn,Round Pens,Stable(s),Tack Room,Water to Barn
Other Structures Barn(s),Stable(s),Storage
Parking Features Additional Parking,Concrete,Covered,Driveway,Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Lighted,Oversized,RV Access/Parking
Lot Size 5 to < 10 Acres
Covered Spaces 2
Foundation Slab
Lot Size Area 6.1000
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Road Frontage Type County Road
Lot Size Square Feet 265716.0000
Lot Size Acres 6.1000
Road Surface Type Asphalt
Patio And Porch Features Covered
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 Chalmers Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/4/2026 Listed $899,000
8/22/2026 6% - $850,000

Property vs Zip Code Average in 76240

Price
AVG $530K
$850K
Taxes
AVG $5,136
$6,105
Year Built
AVG 1988
2021
Visits
AVG 191
291
Data Provided by Inside Real Estate®

Areas That We Cover

123 County Road 123 Gainesville, TX is a Single Family Home for sale at $850000 with 2200 sqft and a lot size of 6.1 Acres Acre(s). 123 County Road 123 Gainesville has 4 bedrooms, 2 baths and was built in 2021. 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.