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550 County Road 297

Gainesville, TX 76240

Listing courtesy of Lynda Weaver, Lake & Country Realty, LLC

$2,340,000
Active
Beds
6
Baths
6
Sqft
3,870
Year Built
2024

About this home

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.

Schools

Elementary
Callisburg
Middle
Callisburg
High
Callisburg

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21139838
Property Type
Residential
Status
Active
County
Cooke
Subdivision
Mcelroy Jc
Lot Size
55.22 acres
HOA Dues
None
Annual Taxes
$103
Days on Market
171 days
Listed
Jan 15, 2026
Price per Sqft
$605

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$13,146/mo
Principal & interest
$12,454
Property taxes
$9
Homeowner's insurance (est.)
$683

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively 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 is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jan 15, 2026