2289 County Road 131, Gainesville, TX 76240 - Cooke County

Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!

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