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550 County Road 297 Gainesville, TX 76240

Active
$2,340,000
550 County Road 297 Gainesville, TX 76240
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550 County Road 297, Gainesville, TX 76240
550 County Road 297, Gainesville, TX 76240
550 County Road 297, Gainesville, TX 76240
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Adam Wilson

Adam Wilson

adam.wilson@c21bowman.com +1(817) 901-0806
$2,340,000
Est. payment /mo
6 Beds
6 Baths
3,870 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Subdivision Mcelroy Jc

MLS Listing ID 21139838

Style Barndominium

Bedrooms 6

Full Baths 5

Half Baths 1

HOA Y/N None

Year Built 2024

Annual Tax Amount $103

Lot Size 55.220 Acres

Acres 55.22

Property Sub-Type Single Family Residence

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.

Location

State TX

County Cooke

Direction Use only Google maps. Apple maps gives incorrect directions.

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Cathedral Ceiling(s), High Speed Internet Available

Heating Central, Heat Pump

Cooling Central Air, Electric

Fireplaces Number 1

Fireplaces Type Decorative

Appliance Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal

Heat Source Central, Heat Pump

Exterior

Carport Spaces 5

Utilities Available City Water, Septic, Sewer Not Available, Underground Utilities

Roof Type Composition

Total Parking Spaces 5

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Pasture

Story One

Level or Stories One

Structure Type Aluminum Siding

Schools

Elementary Schools Callisburg

Middle Schools Callisburg

High Schools Callisburg

School District Callisburg Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Texas Vet, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, Texas Vet, VA Loan

Special Listing Condition Survey Available, Utility Easement, Verify Rollback Tax, Verify Tax Exemptions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21139838


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Lynda Weaver • Lake & Country Realty, LLC

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Adam Wilson

Adam Wilson

+1(817) 901-0806

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CENTURY 21 Mike Bowman, Inc.

Mike Bowman License ID: 0273938

+1(817) 328-2342 chime@c21bowman.com

Adam Wilson

+1(817) 901-0806 adam.wilson@c21bowman.com

1600 Solana Blvd, Westlake, TX

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