2289 County Road 131 Unit A,B,C,D
Gainesville, TX 76240
- – beds
- – baths
- 1,200 sqft
- ~2 acre lot
- $249 per sqft
- 2023 build
- – on site
Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!
Last checked:
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Last updated Feb 18, 2025
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MLS# 20755526 —
The Building
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Year Built:2023
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Year Built Details:New Construction - Incomplete
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Patio And Porch Features:Covered, Deck
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Accessibility Features:No
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Roof:Composition
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Foundation Details:Slab
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Levels:One
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Construction Materials:Siding, Wood
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Building Area Total:1200.00
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Building Area Source:Owner
Interior
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Interior Features:Cable TV Available, High Speed Internet Available, Open Floorplan
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Flooring:Concrete
Location
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Directions:GPS
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Latitude:33.67367000
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Longitude:-97.09935800
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:313778
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Lot Features:Acreage, Few Trees
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Lot Size SqFt:93218.4000
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Lot Size Acres:2.1400
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Lot Size Area:2.1400
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Lot Size Units:Acres
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Unit Number:A,B,C,D
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# of Buildings:1
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20755526
Heating & Cooling
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Heating:Other
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Cooling:Other
Utilities
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Utilities:Septic
Appliances
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Appliances:Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Convection Oven
Schools
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School District:Callisburg ISD
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Elementary School:Callisburg
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Elementary School Name:Callisburg
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Middle School Name:Callisburg
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High School Name:Callisburg
The Community
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Subdivision Name:Shields Jd
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Pool:No
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Association Type:None
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Complex Name:Gainesville Fourplex
Parking
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Parking Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/25/25
Jan 25, 2025
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Price Changed | NTREIS | $299,000 | -8.0% |
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10/22/24
Oct 22, 2024
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Price Changed | NTREIS | $325,000 | -4.4% |
|
10/15/24
Oct 15, 2024
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Listed / Active | NTREIS | $340,000 |
