550 County Road 297

Gainesville, TX 76240

$2,450,000
Price
6
Beds
3,870 Sq. Ft.
$633 / Sq. Ft.
3,870
Sq. Ft.
$633
per Sq. Ft.
a view of a yard in front of the house
a swimming pool with outdoor seating and yard
a living room with furniture and a flat screen tv
a view of a dining room with furniture
a dining room with a table and chairs
a kitchen with kitchen island a sink refrigerator and microwave
a bedroom with furniture and window
a dining room with furniture and wooden floor
swimming pool view with a seating space
a view of a patio with wooden floor
a view of a porch with wooden floor and fence
a view of a building
a front view of a house with a yard table and chairs
a view of a backyard with swimming pool
a view of a basketball court
a childrens park with lots of swings and slides
a view of a backyard with large trees
a view of a house with a yard and sitting area
a view of a car in front of a house
a roof deck with a table and chairs under an umbrella
a view of a patio yard and a patio with a table
a view of a building
a view of sink

Description

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,...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.
  1. Listed by Lynda Weaver • TREC #0682775 • Lake & Country Realty, LLC • 940-580-2240
  2. Listed by Kimberly Tillman • TREC #0817312 • Lake & Country Realty, LLC

Property Details for 550 County Road 297

Subdivision Name
Mcelroy Jc
Architectural Style
Barndominium
Structural Style
Resort Property
Pool
No
Garage Spaces
0
LISTING UPDATED: 01/16/2026 10:41 AM

Property Details for 550 County Road 297

StatusActive
MLS #21139838
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size55.22 AC / 2,405,383 SF
CountyCooke County

Location

Listing Courtesy of Lake & Country Realty, LLC, Lynda Weaver; Lake & Country Realty, LLC, Kimberly Tillman
Add your commute

Building Information for 550 County Road 297

Stories1Year Built2024Building Size-Lot Size55.22 AC / 2,405,383 SF

Payment Calculator

$11,941 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,941

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 County Road 297

Summary
Location and General Information
  • Directions: Use only Google maps. Apple maps gives incorrect directions.
  • Elementary School: Callisburg
  • Elementary School Name: Callisburg
  • High School: Callisburg
  • High School Name: Callisburg
  • Middle School: Callisburg
  • Number Of Residences: 1
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Callisburg ISD
  • Geocode Confidence: High
  • Latitude: 33.59
  • Longitude: -96.98
  • State: Texas
Parking
  • Parking Features: Additional Parking
  • Carport Spaces: 5
  • Attached Garage: No
  • Parking Spaces Covered Total: 5
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: MCELROY JC 0711 ACRES 54.22;MCELROY JC 0711 ACRE 1
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Decorative
  • Fireplaces Total: 1
  • Heating: Central, Heat Pump
  • Interior Features: Cable TV Available, Cathedral Ceiling(s), High Speed Internet Available
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Appliances: Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal
  • Basement: No
  • Cooling: Central Air, Electric
  • Living Area: 3870.0
  • Smart Home Features Appor Pass Y: Yes
  • Room and Floor: Living Room-1-1, Dining Room-1-1, Game Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1
Exterior Features
  • Construction Materials: Aluminum Siding
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Living Room-1-1, Dining Room-1-1, Game Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1
  • Room List: Living Room, Dining Room, Game Room, Bedroom-Primary, Master Bedroom
  • Patio And Porch Features: Deck
  • Levels: One
Room 1
  • Room Dimensions: 10 x 18
  • Room Length: 10.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 18.00
Room 2
  • Room Dimensions: 20 x 18
  • Room Length: 20.00
  • Room Level: 1
  • Room Type: Dining Room
  • Room Width: 18.00
Room 3
  • Room Dimensions: 55 x 30
  • Room Length: 55.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 30.00
Room 4
  • Room Dimensions: 10 x 20
  • Room Length: 10.00
  • Room Level: 1
  • Room Type: Game Room
  • Room Width: 20.00
Property
Utilities
  • Utilities: City Water, Septic, Sewer Not Available, Underground Utilities
Property and Assessments
  • Accessory Unit: No
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Texas Vet, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Aerial Photo Available: Yes
  • Property Match: APN
Lot Information
  • Acres Pasture: 50.0
  • Easements: Utilities
  • Lot Features: Acreage, Agricultural, Cleared, Pasture
  • Lot Size: 50 to =< 100 Acres
  • Lot Size Acres: 55.22
  • Lot Size Area: 55.22
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2405383.2
  • Multi Parcel ID: Yes
  • Parcel Number: 87373
  • Parcel Number 2: 6109
  • Road Frontage: County Road
  • Topography: Level, slightly rolling - cleared
  • Current Use: Agricultural, Commercial, Investment, Resort
  • Property Attached: Yes
Farm Information
  • Crops: Native

Property History for 550 County Road 297

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

NTREIS #21139838

$2,450,000—
DateEvent & SourcePrice
01/15/2026

Listed (Active)

NTREIS #21139838

$2,450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 County Road 297

This home is within Callisburg Independent School District.
Rating
School
Type
Grades
Distance
Callisburg Elementary School
Public - PK to 5
Callisburg Middle School
Public - 6 to 8
Callisburg High School
Public - 9 to 12
Rating
School
Distance
Callisburg Elementary School
PublicPK to 5

Callisburg Middle School
Public6 to 8

Callisburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 550 County Road 297, Gainesville, TX 76240

550 County Road 297 is a single family home for sale in Gainesville, TX 76240. This property was listed for sale on January 15, 2026 by Lake & Country Realty, LLC, it's currently listed at $2,450,000. This listing's school district is Callisburg Independent School District. Nearby schools include Callisburg Elementary School, Callisburg Middle School and Callisburg High School. 550 County Road 297 is a 6-bed, 6-bath, 3,870 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lake & Country Realty, LLC, Lynda Weaver; Lake & Country Realty, LLC, Kimberly Tillman

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/16/2026 10:41 AM