515 County Road 121
Gainesville, TX, 76240
$150,000
4 Beds
2 Baths
1,536 SqFt
1.04 Acres
MLS #21323342 image #0

Location

Investor Special! Don’t miss this exceptional opportunity to add value on just over 1 acre in a peaceful rural setting. This property is ideal for investors, flippers, or buyers looking for their next project. The home is partially unfinished and will require additional renovations, but much of the groundwork has already been completed, offering a great head start and keeping the remaining rehab relatively manageable.

With just over an acre of land, there’s plenty of room to enjoy the outdoors, add improvements, or simply take advantage of the extra space and privacy. Whether you’re looking to renovate and resell, create a long-term rental, or build equity through updates, this property offers excellent potential. Bring your vision and transform this property into something special!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$150,000
MLS #:
21323342
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Williams & Ballard
Listed Date:
Jul 8, 2026
Finished Sq Ft:
1,536
Lot Size:
45,302 sqft / 1.04 acres (approx)
Year Built:
2010
Williams & BallardCallisburg IsdCallisburgCallisburgCallisburg

Schools

School District:
Callisburg ISD
Elementary School:
Callisburg
Middle School:
Callisburg
High School:
Callisburg

Interior

Bathrooms Full
2
Interior Features
Open Floorplan
Number Of Living Areas
1

Exterior

Lot Size Area
1.0400

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Gainesville

Market Summary

Current real estate data for Single Family in Gainesville as of Jul 10, 2026
224
Single Family Listed
123
Avg DOM
222
Avg $ / SqFt
$463,508
Avg List Price

Property Summary

    Located in the Williams & Ballard subdivision, 515 County Road 121 Gainesville TX is a Single Family for sale in Gainesville, TX, 76240. It is listed for $150,000 and features 4 beds, 2 baths, and has approximately 1,536 square feet of living space, and was originally constructed in 2010. The current price per square foot is $98. The average price per square foot for Single Family listings in Gainesville is $222. The average listing price for Single Family in Gainesville is $463,508. To schedule a showing of MLS#21323342 at 515 County Road 121 in Gainesville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
515 County Road 121
Gainesville, TX