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609 Fm 1306, Gainesville, TX, 76240

5beds
8baths
8,663sqft
$1,599,000
$185price/sqft
$11,298/moest. monthly cost
$451,920/yrincome needed

About This Home

PRICED TO SELL! This is your opportunity to own this gorgeous 3-story Georgian style home on an expansive 11-acre lot. A beautiful property for a future Residence, Event Venue, Bed and Breakfast, AIRBNB, and other Investment opportunities. Step inside to a grand entryway with soaring ceilings and a graceful winding staircase. The chef’s kitchen is appointed with an island topped in granite, a built-in refrigerator, an electric vented cooktop, and plenty of cabinetry. Custom features in this home include: private ensuite bath in each bedroom, living room on each floor, hand-carved staircase & accents, elevator, a basement for a wine cellar or safe room, 4-car garage, stocked 1-acre pond with dock, a 24’ x 32’ workshop, and a resort-style private backyard with pool. Just minutes to I-35, and 12 miles to Winstar.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Edison Elementary SchoolGrades PK-12.8 mi
3/10
3/10
Gainesville High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Concrete Perimeter,Pillar/Post/Pier
  • Roof: Composition,Shingle
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Double Oven,Dishwasher,Electric Oven,Microwave,Some Commercial Grade,Water Softener,Trash Compactor,Vented Exhaust Fan
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room

Basement

  • Level: Basement
  • Dimensions: 1 x 1

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 5
  • 1/2 bathrooms: 3

Features

  • Wet Bar,Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Elevator,Granite Counters,High Speed Internet,In-Law Floorplan,Kitchen Island,Multiple Staircases,Open Floorplan,Pantry,Cable TV,Vaulted Ceiling(s),Natural Woodwork,Walk-In Closet(s),Wired for Sound
  • Window features: Bay Window(s)
  • Flooring: Carpet,Ceramic Tile,Hardwood,Wood
  • Number of fireplaces: 3
  • Fireplace features: Living Room,Primary Bedroom
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 8,663 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Granite Counters,Kitchen Island,Walk-In Pantry
  • Level: First
  • Dimensions: 1 x 1

Living Room

  • Features: Fireplace
  • Level: First
  • Dimensions: 1 x 1

Master Bathroom

  • Features: Dual Sinks,Double Vanity,En Suite Bathroom,Jetted Tub,Separate Shower,Steam Shower
  • Level: Second
  • Dimensions: 1 x 1

Master Bedroom

  • Features: Closet Cabinetry,En Suite Bathroom,Fireplace,Sitting Area in Primary,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 11605

Features

  • Levels: Three Or More
  • Private pool: Yes
  • Pool features: Cabana,Gunite,In Ground,Outdoor Pool,Pool,Private,Pool Sweep,Pool/Spa Combo,Waterfall,Water Feature
  • Patio & porch: Rear Porch,Covered,Front Porch,Patio
  • Waterfront features: Boat Dock/Slip
  • Residential vegetation: Grassed

Lot

  • Lot size: 11.01 Acres
  • Features: Acreage,Agricultural,Back Yard,Greenbelt,Lawn,Landscaped,Pond on Lot,Sprinkler System,Few Trees

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Circular Driveway,Concrete,Covered,Direct Access,Door-Single,Driveway,Electric Gate,Garage,Garage Door Opener,Kitchen Level,Lighted,Oversized,Paved,Private,RV Access/Parking,Storage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Drought
    DroughtVery High
  • Hail
    HailVery High
  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

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

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 $8,085$97,020
Home Insurance *$1,627$19,524
Property Taxes $635$7,620
Electricity $951$11,414
Total$11,298$135,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$387,360/yr
40% on housing$338,940/yr
45% on housing$301,280/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

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 76240$204
Cooke County$232

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
2026-06-04Listed for sale$1,599,000
2026-05-23Listing removed$1,699,000
2026-05-15Pending sale$1,699,000
2026-05-15Listed for sale$1,699,000
2026-01-05Listing removed$1,999,000
2025-05-09Price change$1,999,000
2025-03-20Listed for sale$2,199,000
2024-09-30Listing removed$2,334,999
2024-05-29Price change$2,334,999
2024-02-02Price change$2,400,000
2024-01-22Listed for sale$2,559,000
2023-12-04Listing removed--
2023-07-28Listed for sale$2,559,000

For Sale by Agent

AgentPhil Robertson
BrokerageChristie's Lone Star

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