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Russell Cox
Relocation Director
REALTOR®
Cell: (254) 717-6447
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550 County Road 297, Gainesville, TX 76240

$1,620,000
  • 550 County Road 297, Gainesville, TX 76240 Main Photo
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Active Price Reduced by $720,000 on October 21st, 2026
BEDS6 BATHS5 full 1 partial SQUARE FEET3,870 MLS#21139838
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMcelroy Jc SCHOOLCallisburg ISD

Property Description

Own a proven Texas Event resort -- the business, the brand, the bookings and the land to grow! Launched in March 2025, booked solid on weekends and peak dates with no retail marketing. Sailer Resort is a turn-key hospitality opportunity on approximately 22.5 level, Ag-Exempt acres in the North Texas growth corridor. TURN-KEY BUSINESS: Operating event and lodging resort, fully furnished and ready for a new owner. BOOKED SOLID: 2026 weekends and peak dates full, with 2027 bookings already coming in. STRONG INCOME: $200K+ in 2026 gross revenue on lean expenses. Financials available to qualified buyers. SYSTEMS IN PLACE: Airbnb, VRBO, direct website bookings and automated payments, with reviews and repeat guests. GRAND VILLA: 6 bedrooms, 5.5 baths, sleeps 30, with a 120-seat indoor event hall. EVENT VENUES: 200+ seating deck and a 250+ guest open-air wedding venue, with lots of parking. GAMES & AMENITIES: Pickleball, sand volleyball, mini golf, basketball and cricket. Game and parking areas are fully hardwired, with no reliance on solar. AG-EXEMPT LAND: Approximately 22.5 level, cleared acres with minimal taxes, no deed restrictions and no flood zone. GROWTH CORRIDOR LOCATION: North of Aubrey and Celina near Lake Ray Roberts. Hold, expand or divide. The remaining 18+ 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. Come see this tremendous investment, income producing property now! New survey will be required

550 County Road 297 | MLS# 21139838

This single family home located at 550 County Road 297, Gainesville, TX 76240 is currently listed for sale with an asking price of $1,620,000. This property was built in 2024 and has 6 bedrooms and 5 full and 1 partial baths with 3870 sq. ft. County Road 297 is located in the Mcelroy Jc subdivision within the Callisburg ISD school district. Search Mcelroy Jc real estate on www.254properties.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric
Fireplaces: 1
Heating: Central, Electric, Heat Pump
Home Style: Barndominium
Lot Size: 22.50 Acres
Roof Type: Composition
Year Built: 2024

Amenities

Cable TV Available
Cathedral Ceiling(s)
High Speed Internet Available
Basketball Court
Fire Pit
Lighting
Playground

Feature Descriptions

Appliances: Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal
Days on Site: 280
Exterior: Aluminum Siding
Fencing: Perimeter, Wire
Fireplace: Decorative
Lot: Acreage, Agricultural, Cleared, Pasture
Parcel#: 87373
Parking: Additional Parking
Parking Notes: Additional Parking
Patio/Porch: Deck
Topography: Level, slightly rolling - cleared
Utilities: All Weather Road, City Water, Electricity Available, Electricity Connected, Outside City Limits, Phone Available, Septic, Sewer Not Available, Underground Utilities

Local Schools

Elementary School: Callisburg
School District: Callisburg ISD

Listed By / Shown By

Listed By

Agency Name: Lake & Country Realty, LLC
Agency Contact: 940-580-2240
Agent Name: Lynda Weaver

agent picture

Shown By

Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 4,077.92 per month $3,605.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $472.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/23/2026. The listing information on this page last changed on 10/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/23/2026 12:01:42 AM EST) or NTREIS (last updated Thu 10/22/2026 11:49:29 PM EST) or SABOR MLS (last updated Thu 10/22/2026 11:53:18 PM EST) or CTXMLS (last updated Thu 10/22/2026 11:34:27 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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