191 County Road 123

Gainesville, TX
$ 650,000 Beds 4 Baths 4.5 Sq 2,510 Virtual Tour
Monthly Estimate* How much can I afford?

Experience the perfect blend of luxury, craftsmanship, and peaceful country living in this stunning new custom-built home, beautifully situated on 1.3 treed acres on the edge of town. Enjoy the space and tranquility of the country while remaining convenient to town, all without the burden of high city taxes and hoa fees. Offering approximately 2,510 square feet, this thoughtfully designed home features 4 bedrooms and 4.5 bathrooms, with an ideal floor plan for both everyday living and entertaining. Step inside to the impressive great room is the centerpiece of the home, featuring a dramatic 23 foot cathedral ceiling and a beautiful rock fireplace that creates a warm and inviting focal point and gorgeous real wood flooring. The gourmet kitchen is equally impressive with quartz countertops, custom designer wood cabinetry, upgraded appliances, and beautiful fixtures, all selected to complement the home’s upscale design. The spacious primary suite is conveniently located downstairs and features a private en suite bath. with a huge tile shower and walk in closet. A second bedroom with its own bath is also located on the main level that could provide an excellent option for guests, family, or a home office. Upstairs you’ll find two additional bedrooms, two bathrooms, and a versatile loft-game room, giving everyone plenty of room to spread out. Additional features include spray foam insulation for enhanced energy efficiency, 10 foot ceilings. plush carpet in the bedrooms, an oversized two-car garage, and quality custom details throughout. Outside, the 1.3 acre treed setting provides privacy, shade, and room to enjoy the outdoors while still being just minutes from town. Brand-new construction, custom finishes, acreage, lower taxes, and an exceptional location, this is country living without sacrificing convenience or luxury.

Active

  • Price
  • $ 650,000
  • City
  • Gainesville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • COOKE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 1.3 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 2,510
  • Year Built
  • 2026
  • Style
  • Traditional
  • MLS#
  • 21365348
Listed By: TIERRA REAL ESTATE
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,Co-op Water,Electricity Available,Outside City Limits,Rural Water District
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Water Heater
Number of Garage Spaces 2
Restrictions Deed
School District Gainesville ISD
Year Built 2026
Architectural Style Traditional
Levels Two
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Bailey ACC
Transaction Type For Sale
Occupant Type Owner
County Cooke
Property Type Residential
Construction Materials Brick
Year Built Details New Construction - Complete
HOA Type None
Green Energy Efficient 12 inch+ Attic Insulation,Appliances
Full Baths 4
Status Active
Directions GPS Friendly - Look for the 2-story home just to the north of the address. Seller has applied for a 911 address but right now it is just to the north of the newer one-story white with black roof far
City Gainesville
Elementary School Name Chalmers
High School Gainesvill
Elementary School Chalmers
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21365348
Standard Status Active
Junior High School Gainesvill
Listing Terms Conventional,FHA,USDA Loan,VA Loan

Interior Features

Interior Features Cathedral Ceiling(s),Decorative Lighting,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
Flooring Carpet,Wood
Dining Areas 1
Living Areas 1
Room Count 3
Half Baths 1
Lock Box Type Combo
Total Bedrooms 4
Total Baths 5
Laundry Features Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup

Exterior Features

Exterior Features Covered Patio/Porch,Lighting
Lot Features Acreage
Fencing Fenced
Parking Features Concrete,Driveway,Garage,Garage Door Opener
Lot Size 1 to < 3 Acres
Covered Spaces 2
Foundation Slab
Lot Size Area 1.3000
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Road Frontage Type County Road
Lot Size Square Feet 56628.0000
Lot Size Acres 1.3000
Road Surface Type Asphalt
Patio And Porch Features Covered
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chalmers Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/22/2026 Listed $650,000

Property vs Zip Code Average in 76240

Price
AVG $540K
$650K
Year Built
AVG 1988
2026
Visits
AVG 184
38
Data Provided by Inside Real Estate®

Areas That We Cover

191 County Road 123 Gainesville, TX is a Single Family Home for sale at $650000 with 2510 sqft and a lot size of 1.3 Acres Acre(s). 191 County Road 123 Gainesville has 4 bedrooms, 4 baths and was built in 2026. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.