229 Southside Drive
Gainesville, TX 76240
Listing courtesy of RITA GREER, RE/MAX FIRST REALTY
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.
- 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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