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About This Home

This 6-bedroom, 6-bathroom single family at 550 County Road 297 in Gainesville, TX is listed for $2,340,000 ($605 per sqft). Built in 2024, the home offers 3,870 sqft of living space on a 55.22 acres lot.

Agent 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.

Key Features

  • Built in 2024
  • 55.22 acre lot
  • Fireplace

Property Details

1 story
5 full, 1 half
2024

Amenities

Fireplace

Monthly Cost Estimate

$12,515/mo

20% down · 6.5% · 30 years

Principal$1,692
Interest$10,140
Insurance$683

Estimates only. Actual payments may vary.

Location

550 County Road 297

Gainesville, TX 76240

Mcelroy Jc

Features & Amenities

Interior Features

Cable Tv AvailableCathedral Ceiling(s)High Speed Internet Available

Property Details

Construction

Aluminum Siding

Heating

CentralFireplace(s)Heat Pump (Heating)

Cooling

Central AirElectric

Appliances

DishwasherGarbage DisposerRangeRange - GasRefrigeratorRefrigerator - Built-inWasher

Questions & Answers

This 6-bedroom, 6-bathroom single family at 550 County Road 297 is listed at $2,340,000 ($605/sqft). The estimated monthly payment is $10,140 based on 20% down at 6.5% interest.

Key features include: Built in 2024, 55.22 acre lot, Fireplace. Interior Features: Cable Tv Available, Cathedral Ceiling(s), High Speed Internet Available.

This property is listed by Lynda Weaver and can be reached at 9405802240 or belarfarm@gmail.com.

LW

Lynda Weaver

Agent at Lake & Country Realty, LLC

(940) 580-2240

Listed by Lake & Country Realty, LLC · View on Broker Site

MLS# 21139838· Source: listhub· Updated today

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550 County Road 297, Gainesville, TX 76240

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