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$2,450,000
New Listing

550 County Road 297
Gainesville, TX 76240

For Sale|Single Family Residence|Active
6
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
3,870
SqFt
$633
/SqFt
2024
Built
Subdivision:
Mcelroy Jc
County:
Cooke
Call Now: 903-321-2515
Is this the listing for you? We can help make it yours.
903-321-2515
550 County Road 297550 County Road 297550 County Road 297550 County Road 297
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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. Call for an appointment now.

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Listing Snapshot
Price 
$2,450,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
3,870 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
55.22 Acres
Year Built 
2024
MLS® Number 
21139838
Status 
Active
Property Tax 
$103
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Acres 
55.22
Additional Property Use 
AgriculturalCommercialInvestment
Carport 
5
Levels 
One
Parking 
Additional Parking
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
Style 
Barndominium
Utilities 
Cable AvailableSewer Not AvailableUnderground Utilities
Water Source 
Public
Interior Features
Appliances 
RefrigeratorBuilt-In Gas RangeBuilt-In RefrigeratorDishwasherDisposal
Cooling 
Central AirElectric
Fireplace 
Yes
Fireplace Features 
Decorative
Fireplaces 
1
Heating 
CentralHeat Pump
Interior 
Cathedral Ceiling(s)High Speed Internet
Dining Room 
Dimensions - 20 x 18Level - First
Game Room 
Dimensions - 10 x 20Level - First
Living Room 
Dimensions - 55 x 30Level - First
Master Bedroom 
Dimensions - 10 x 18Level - First
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Exterior Features
Construction Details 
Aluminum Siding
Lot Features 
LevelAgriculturalClearedPasture
Patio And Porch 
Deck
Road Frontage 
County Road
Roof 
Composition
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalVA Loan
School District 
Callisburg ISD
Schools
School District
Callisburg ISD
Elementary School
Callisburg
Middle School
Callisburg
High School
Callisburg
Listing courtesy of Lynda Weaver of Lake & Country Realty, LLC [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-01-15 11:14 AM CST

Neighborhood & Commute
Source: Walkscore
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