550 County Road 297, Gainesville, Texas 76240

  • 2024
  • 6
  • 6
  • 3,870 Sqft

Single Family Residence For Sale

$2,340,000
ActiveListing ID #21139838
Basic Details
Residential
Active
21139838
2024
$2,340,000
3,870 Sqft
55.22
6
6
Property Description

Fantastic investment opportunity in the fast growing Golden North Texas corridor – north of Aubrey and Celina, and east of Lake Kiowa. Sailer Resort is a fully furnished, 55.22 acre estate that is AG exempt with NO deed restrictions and it doesn’t lie within a flood zone. This incredible property offers unmatched flexibility for a multitude of event types, investment or personal use. Launched in March 2025, the resort secured a diverse range of bookings through year-end across celebrations, weddings, family reunions, proms, graduations, and corporate retreats prior to any formal marketing being done – indicating a strong market demand for this facility. Features include: a 6-bedroom, 5.5-bath Grand Villa with indoor event space for ~120 guests. An ~4,500 sq ft outdoor event deck for ~240 guests. Outdoor wedding venue for ~330 guests. 12’x20’ cottage storage area with event support gear and a wide variety of indoor and outdoor games for all ages. The remaining 50+ acres of open land offers long-term potential for the owner—expanding the existing facility, ideal for subdividing, group ownership, or holding as development expands from Lake Ray Roberts to Universal Studios to billion-dollar chip plants to the east. Whether you’re seeking a private retreat, a group investment, or an income-generating asset, Sailer Resort delivers lifestyle, cash flow, and appreciation—all in one turn-key opportunity. See resort flyer and 2006 survey in Transaction Desk. Call for an appointment now.

Features
5
1
1
Decorative
Aluminum Siding
Composition
Deck
Central, Heat Pump
Central Air, Electric
Water Available, Cable Available, Septic Available, Underground Utilities, Sewer Not Available
Dishwasher, Disposal, Built-In Refrigerator, Built-In Gas Range
High Speed Internet, Cable TV, Cathedral Ceiling(s)
Acreage, Cleared, Level, Pasture, Agricultural
Septic Tank
Additional Parking
Neighborhood
Callisburg
Callisburg
Callisburg
Callisburg ISD
Additional Information
Single Family Residence
5
Preowned
Close Of Escrow
Lynda Weaver
Lake & Country Realty, LLC
Address Map
550
County Road 297
Mcelroy Jc
Gainesville
TX
76240
Cooke
Texas / Cooke / Gainesville
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 10/11/2026 2:22 PM
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    Walkscore

    Single Family Residence For Sale

    $2,340,000
    ActiveListing ID #21139838
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