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1271 Fm 3496, Gainesville, TX, 76240

5beds
5baths
4,182sqft
$2,995,000
$716price/sqft
$21,309/moest. monthly cost
$852,360/yrincome needed

About This Home

Welcome to a ranch where luxury, privacy, and natural beauty exist in perfect harmony. Nestled on 61.15 picturesque acres, this extraordinary property offers the peaceful lifestyle you've been searching for. Towering live oaks, mature pecan trees, rolling improved pastures, and wooded acreage create a breathtaking landscape ideal for livestock, recreation, hunting, or simply enjoying the serenity of the outdoors. The wooded areas also offer the flexibility to expand pasture if desired. At the heart of the property is a beautifully remodeled 4,182-square-foot residence designed for both everyday comfort and effortless entertaining. The home features five spacious bedrooms and five bathrooms, including four private ensuite bedrooms, along with expansive living spaces, designer finishes, and high-end appliances that blend timeless elegance with modern convenience. Outdoor living is equally impressive, with inviting gathering spaces, including a cozy fire pit where family and friends can relax beneath the Texas sky. Every detail of this ranch has been thoughtfully designed to support an exceptional country lifestyle without sacrificing luxury. Equestrian enthusiasts will appreciate the outstanding horse facilities, including a beautiful five-stall barn with 12' x 12' stalls, a fully furnished 912-square-foot apartment ideal for a caretaker, trainer, or guests, and a 125' x 200' outdoor riding arena ready for training or recreation. Whether you're seeking a working ranch, an equestrian retreat, or a private family estate, this remarkable property offers endless possibilities in an unforgettable setting. Once you experience it, you'll understand why it has earned its name. Check out the video under Virtual Tours to see how incredible this property really is. Contact listing agent if interested in discussing financing options. Call for your appointment now!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

5/10
5/10
Callisburg Middle SchoolGrades 6-810.9 mi
5/10
Callisburg High SchoolGrades 9-1210.9 mi

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Traditional,Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Built-In Refrigerator,Dryer,Dishwasher,Electric Oven,Electric Water Heater,Gas Cooktop,Disposal,Microwave,Plumbed For Gas,Range,Refrigerator,Some Commercial Grade,Tankless Water Heater,Vented Exhaust Fan,Water Purifier

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 11

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 11

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 11

Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 13 x 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Dining Room

  • Level: First
  • Dimensions: 15 x 10

Features

  • Wet Bar,Built-in Features,Dry Bar,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Multiple Master Suites,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Wired for Sound
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Propane
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 4,182 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island,Stone Counters,Walk-In Pantry
  • Level: First
  • Dimensions: 15 x 15

Living Room

  • Level: First
  • Dimensions: 26 x 26

Living Room

  • Features: Built-in Features,Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 26 x 26

Master Bedroom

  • Features: Ceiling Fan(s),Double Vanity,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 20 x 17

Utility Room

  • Features: Built-in Features,Utility Sink
  • Level: First
  • Dimensions: 8 x 8

Property

Details

  • Parcel number: 56661
  • Exclusions: Personal property and furnishings,custom interior lanterns. Farm and ranch equipment - negotiable. All livestock excluded.
  • Horse amenities: Arena,Barn,Loafing Shed,Other,Stable(s),Wash Rack

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Built-in Barbecue,Barbecue,Fire Pit,Gas Grill,Lighting,Outdoor Kitchen,Private Entrance,Rain Gutters
  • Fencing: Back Yard,Cross Fenced,Fenced,Gate,Pipe
  • Residential vegetation: Grassed,Partially Wooded
  • Horses can be raised: Yes

Lot

  • Lot size: 61.15 Acres
  • Features: Acreage

Parking

  • Total spaces: 3
  • Parking features: Additional Parking,Circular Driveway,Concrete,Door-Multi,Driveway,Garage,Garage Door Opener,Lighted,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $15,144$181,728
Home Insurance *$3,047$36,564
Property Taxes $2,659$31,908
Electricity $459$5,510
Total$21,309$255,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$730,594/yr
40% on housing$639,270/yr
45% on housing$568,240/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

$716This listing

vs Other Active Listings

Avg $/sqft

ZIP 76240$197
Cooke County$226

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
2026-06-28Listed for sale$2,995,000
2026-05-04Listing removed$2,995,000
2026-03-07Listed for sale$2,995,000
2026-02-27Contingent$2,995,000
2025-11-06Listed for sale$2,995,000
2025-09-08Listing removed$3,249,000
2025-05-24Price change$3,249,000
2025-01-20Listed for sale$3,499,995
2019-08-16Listing removed$1,147,500
2019-04-04Price change$1,147,500
2019-01-24Listed for sale$1,198,000
2018-11-01Listing removed$1,298,000
2018-06-03Listed for sale$1,298,000
2017-10-07Listing removed$1,490,500
2017-04-19Listed for sale$1,490,500

For Sale by Agent

AgentLynda Weaver
BrokerageLake & Country Realty, LLC

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