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123 County Road 123, Gainesville, TX, 76240

4beds
3baths
2,200sqft
$899,000
$409price/sqft
$6,244/moest. monthly cost
$249,760/yrincome needed

About This Home

Welcome to your dream country property! Built in 2021, this stunning custom home offers approximately 2,200 square feet of thoughtfully designed living space on 6.1 beautifully treed acres with agricultural exemption and fully fenced. From the moment you arrive, you'll appreciate the immaculate condition, exceptional craftsmanship, and picturesque setting. Inside, the open-concept floor plan features soaring 10-foot ceilings, elegant crown moldings, and a cozy corner fireplace that serves as the focal point of the spacious living area. The gourmet kitchen is designed to impress with granite countertops, a beautiful tile backsplash, a massive center island, and abundant cabinetry—perfect for entertaining and everyday living. The home offers four spacious bedrooms and two-and-a-half baths, providing comfort and flexibility for family and guests. High-end finishes, quality materials, and attention to detail are evident throughout every room. Step outside and enjoy the beautifully landscaped grounds from the expansive covered wraparound porch, ideal for relaxing and taking in the peaceful surroundings. Equestrian enthusiasts will appreciate the three-stall barn complete with a tack room, round pen, and corrals. Additional improvements include a storage building and a 25' x 30' garage, offering plenty of space for equipment, hobbies, and vehicles. Combining modern luxury with country charm, this exceptional property is truly move-in ready and offers the perfect blend of comfort, functionality, and outdoor living.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

2/10
3/10
3/10
Gainesville High SchoolGrades 9-125.5 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Disposal,Gas Range,Gas Water Heater,Plumbed For Gas
  • Laundry features: Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Decorative/Designer Lighting Fixtures,Granite Counters,Kitchen Island,Open Floorplan,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s),Propane
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 2,200 sqft

Kitchen

  • Features: Kitchen Island,Stone Counters
  • Level: First
  • Dimensions: 1 x 1

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,Double Vanity,En Suite Bathroom,Garden Tub/Roman Tub,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 12384
  • Attached to another structure: Yes
  • Exclusions: Personal Property
  • Horse amenities: Barn,Round Pen,Stable(s),Tack Room

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Storage
  • Fencing: Fenced,Metal,Partial Cross,Vinyl,Wire

Lot

  • Lot size: 6.10 Acres
  • Features: Acreage

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Concrete,Covered,Door-Single,Driveway,Garage,Garage Door Opener,Lighted,Oversized,Garage Faces Side,Boat,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Drought
Hail
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Wildfire
Cold Wave
Lightning

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance *$914$10,968
Property Taxes $544$6,528
Electricity $241$2,898
Total$6,244$74,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,080/yr
40% on housing$187,320/yr
45% on housing$166,506/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.4%
3.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$409This listing

vs Other Active Listings

Avg $/sqft

ZIP 76240$201
Cooke County$229

vs Homes Sold Last Month

Median $/sqft

ZIP 76240$160
Cooke County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$899,000
2021-01-05Listing removed--
2020-12-29Pending sale$315,000
2020-10-08Listed for sale$315,000
2020-03-04Listing removed$284,000
2020-01-15Pending sale$284,000
2019-12-03Listed for sale$284,000
2019-11-10Pending sale$284,000
2019-10-25Listed for sale$284,000
2013-09-06Sold--
2013-08-02Price change$150,000
2013-06-23Price change$225,000
2013-05-29Price change$238,000
2013-03-25Listed for sale$250,000

For Sale by Agent

AgentChristy Johnson
BrokerageTIERRA REAL ESTATE

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