4500 N Interstate 35

Gainesville, TX
$ 8,800,000 Beds 3 Baths 4.5 Sq 3,900 Virtual Tour
Monthly Estimate* How much can I afford?

Ranch has been renowned horse breeding & training facility for decades. Highly improved facility main house with adjacent office, 9 mobile homes suitable for staff & trainer housing. 16 barns with total of 200 individual stalls, 12-stall and 28-stall barn used for stallions and training, 2 large barns designed for mares-foals, dry mare motel & wet mare motel barn. Indoor arena w large screened holding area. Outdoor roping arena with return alley running. Square cutting pen-arena, round pen, & open exercising track. Facilities designed for minimal staff with movable panels, alleys, & fencing. 6 ponds & several wet weather creeks across ranch. Future development opportunities also exist with location along I-35.

Farm & Ranch

  • Price
  • $ 8,800,000
  • Lot Size
  • 248 Acres
  • Bedrooms
  • 3
  • Sqr Footage
  • 3,900
  • Full Bathrooms
  • 4
  • Year Built
  • 1963
  • Half Bathrooms
  • 1
  • City, Zip
  • Gainesville
  • County
  • COOKE
  • Style
  • Ranch
  • Area
  • MLS#
  • 14713449
  • Zip
  • 76240
Listing Provided by: David Burgher with Briggs Freeman Sotheby's Int'l
Data Source: North Texas Real Estate Info Systems (NTREIS) - 37 - TX

Features

General

Accessory Unit Type Guest Quarters
Accessory Unit Yn Yes
Bathrooms 4.10
Construction Materials Block, Wood
Elementary School Edison
Energy Efficiency Ceiling Fans
Flooring Carpet, Laminate
HOA Type None
Heating Central Air-Elec, Central Heat-Elec, Propane
High School Gainesvill
Interior Features Cable TV Available
Junior High School Gainesvill
Number Of Barns 16
Other Equipment Cooktop - Electric, Oven-Electric
Present Use Agriculture, Cattle, Equine, Grazing, Residential Single
Property Type Residential
Proposed Financing Cash, Conventional
Proposed Use Agriculture, Cattle, Equine, Grazing, Residential Single
Ranch Name Carol Rose
Ranch Type Livestock
Restrictions No Known Restriction(s)
Road Frontage FM Road, Interstate
School District Gainesville ISD
Stories 1
Style Ranch
Subdivision Spears J
Topography Level
Transaction Type For Sale
Type RES-Farm/Ranch
Utilities All Weather Road, Overhead Utilities, Septic, Well
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14713449
Year Built 1963
Year Built Details Preowned

Interior Features

Dining Areas 1
Fireplace Other
Fireplaces Total 1
Living Areas 1
Number Of Residences 10
Sq Ft Total 3900
Total Bedrooms 3

Exterior Features

Remarks Ranch has been renowned horse breeding & training facility for decades. Highly improved facility main house with adjacent office
Barn Information Barn(s), Electric to Barn, Equipment Barn, Hay Barn, Indoor Arena, Living Quarters, Loaf Shed(s), Other, Stable(s), Tack Room, Wash Rack, Water to Barn
Exterior Arena, Equestrian Center, Holding Pens, Round Pens, Stable/Barn, Storage Building, Workshop w/Electric
Exterior Buildings Bunk House
Farm Ranch Features Cattle Working Pen, Corrals, Fenced for Horses, Holding Pen, Other, Outdoor Arena, Walker
Fencing Pipe
Foundation Pier & Beam
Lot Description Acreage, Horses Permitted, Some Trees, Tank/ Pond
Lot Size Area 248.000
Lot Size Area 248.000
Lot Size Area (acres) 248.000
Lot Size Area (sq Ft) 10802880
Lot Size Units Acres
Parking Features Other
Structural Style Farm/Ranch House, Single Detached

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bonham, TX office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Edison Elementary School
Middle School Gainesvill Middle School
High School Gainesvill High School

Price History

11/19/2021 Listed $8,800,000

Property vs Zip Code Average in 76240

Price
AVG $1.87M
$8.8M
Visits
AVG 286
3
Year Built
AVG 1999
1963

Map

4500 N Interstate 35 Gainesville, TX is a Single Family Home for sale at $8800000 with 3900 sqft and a lot size of 248 Acres Acre(s). 4500 N Interstate 35 Gainesville has 3 bedrooms, 4 baths and was built in 1963. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.