550 County Road 297, Gainesville, TX, 76240
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Roof: Composition
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Barndominium
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Built-In Gas Range,Built-In Refrigerator,Dishwasher,Disposal
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Dimensions: 20 x 18
Features
- Cathedral Ceiling(s),High Speed Internet,Cable TV
- Number of fireplaces: 1
- Fireplace features: Decorative
- Fireplace: Yes
Game Room
- Level: First
- Dimensions: 10 x 20
Heating & Cooling
- Heating features: Central,Heat Pump
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 3,870 sqft
Living Room
- Level: First
- Dimensions: 55 x 30
Master Bedroom
- Level: First
- Dimensions: 10 x 18
Property
Details
- Parcel number: 87373
- Attached to another structure: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck
- Topography of land: Level
Lot
- Lot size: 55.22 Acres
- Features: Acreage,Agricultural,Cleared,Pasture,Level
Parking
- Total spaces: 5
- Parking features: Additional Parking
- Covered spaces: 5
- Carport: Yes
- Carport spaces: 5
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
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Wildfire
- Cold Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,832 | $141,984 |
| Home Insurance * | $2,381 | $28,572 |
| Property Taxes | $2,067 | $24,804 |
| Electricity | $424 | $5,099 |
| Total | $16,704 | $200,448 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $2,340,000 |
| 2026-01-15 | Listed for sale | $2,450,000 |
| 2025-05-14 | Listing removed | $3,339,999 |
| 2025-02-20 | Listed for sale | $3,339,999 |
For Sale by Agent
View on Zillow