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550 County Road 297

Gainesville, TX 76240
  • $2,340,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 21139838
Price Reduced
UPDATED: 48 min ago
$2,340,000
  • 6
    BEDS
  • 55.22
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 3,870
    SQFT
  • $605
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2024
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Lynda Weaver of Lake & Country Realty, LLC: 940-580-2240.

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-08T06:47:45.01.
www.texasonlinehomesearch.com/homes/172139081
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550 County Road 297 Gainesville, TX 76240

  • Price: $2,340,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 48 min ago
  • MLS #: 21139838
6
Beds
5
Baths
1
½ Baths
55.22
Acres
3,870
SQFT
$605
$/SQFT
2024
Built
Neighborhood:
Mcelroy Jc
County:
Cooke
Area:
Gainesville
Elementary School:
Callisburg
High School:
Callisburg
School District:
Callisburg ISD
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.
Exterior Features

Acres Pasture 50.00 Carport Spaces 5 Construction Aluminum Siding Covered Spaces 5 Crops Native Housing Type Resort Property Lot Description AcreageAgriculturalClearedPasture Lot Size Source Assessor Parking Or Garage Additional Parking Patio And Porch Features Deck Pool On Property No Residences 1 Road Frontage Type County Road Roof Composition Style Barndominium Waterfront YN No

Interior Features

Appliances Built-in Gas RangeBuilt-in RefrigeratorDishwasherDisposal Attached Garage No Basement No Cooling Central AirElectric Dining Areas 1 Fireplace Features Decorative Fireplaces 1 Garage No Handicap YN No Heating CentralHeat Pump Interior Features Cable TV AvailableCathedral Ceiling(s)High Speed Internet Available Living Areas 3 Rooms Living Room (1 Level) Dining Room (1 Level) Game Room (1 Level) Bedroom-Primary (1 Level)

Property Features

Accessory Unit YN No AGExemption Yes Alarm Or Security Type Smoke Detector(s) Barns1 0 Construction Status Preowned Current Use AgriculturalCommercialInvestmentResort Easements Utilities HOA None Levels One Listing Terms 1031 ExchangeCashConventionalTexas VetVA Loan Municipal Utility District No Possession Closing/Funding Property Attached Yes Property Type Single Family Residence Senior Community No Special Notes Survey AvailableUtility EasementVerify Rollback TaxVerify Tax Exemptions Unexempt Taxes 103 Utilities City WaterSepticSewer Not AvailableUnderground Utilities Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-08T06:47:45.01.
 
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eXp Realty | The Tierny Jordan Network
eXp Realty | The Tierny Jordan Network
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Offered by Lynda Weaver of Lake & Country Realty, LLC: 940-580-2240.