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550 County Road 297
Gainesville, Tx 76240

Price: $2,340,000
Property Type: residential
MLS #: 21139838
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.
Area: Cooke
Year Built: 2024
Bedrooms: Six+
Bathrooms: Four+
1/2 Bathrooms: 1
Garage: 0
Acres: 55.22
Virtual Tour: Click here to view
Fireplace Features : Decorative
Heating : Central
Heating : Heat Pump
Interior Features : Cathedral Ceiling(s)
Interior Features : Cable TV Available
Interior Features : High Speed Internet Available
Structural Style : Resort Property
Utilities : City Water
Utilities : Septic
Utilities : Sewer Not Available
Utilities : Underground Utilities

Courtesy: Lynda Weaver • Lake & Country Realty, LLC •

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This content last refreshed on 06/15/2026 06:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.