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229 Southside Drive

Gainesville, TX 76240

Listing courtesy of RITA GREER, RE/MAX FIRST REALTY

$725,000
Active
Beds
3
Baths
3
Sqft
2,251
Year Built
2006

About this home

This exceptional lakeview property offers the perfect blend of lifestyle & investment potential. Designed for comfortable full-time living or effortless second-home enjoyment, it delivers the peace, views, and outdoor access that make lake living so desirable. Beyond being a beautiful place to call home, the property has a proven track record as a high-performing short-term rental. Successfully operated as an Airbnb house for multiple years, it boasts an outstanding 4.95 star guest rating, demonstrating consistent demand, strong reviews, & reliable income history. Adding even more value, the property includes an additional barn that presents a unique opportunity for supplemental rental income-whether used for storage rentals, event space, or creative income-producing possibilities (subject to buyer use & local regulations). Whether you're looking for a serene lakeside residence, a turnkey short-term rental, or a hybrid lifestyle-investment property, this home checks every box with location, performance, & future income potential.

Schools

Elementary
Sivells Bend
Middle
Sivells Bend
High
Muenster

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

Property details

MLS #
21190980
Property Type
Residential
Status
Active
County
Cooke
Subdivision
Whispering Hills
Lot Size
35,605.94 sqft
Garage
2-car
HOA Dues
$700/yr
Annual Taxes
$5,173
Days on Market
35 days
Listed
Feb 25, 2026
Price per Sqft
$322

Estimate your monthly payment

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

$4,560/mo
Principal & interest
$3,859
Property taxes
$431
Homeowner's insurance (est.)
$211
HOA dues
$58

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 Feb 25, 2026