$675,000
 $3,833 est/mo Sourced by Back At You

229 Southside Drive,Gainesville, TX 76240

Gainesville, TX 76240

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Description

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.

Details

MLS #21190980
Listing TypeFor Sale
StyleHouse
HOA Dues$700
Sub-TypeResale
StatusActive
Year2006
Days On Site181
Listing Provided ByRE/MAX FIRST REALTY | RITA GREER

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,251
Garage2
Story(s)2
Acreage0.82

Interior

Room Count6
CoolingAttic Fan, Ceiling Fan(s), Electric
HeatingCentral, Electric, Fireplace(s), Propane
Interior FeaturesBuilt-in Features, Cathedral Ceiling(s), Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Loft, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator
Fireplace FeaturesGas Starter, Living Room, Outside, Propane, Stone

Exterior

Exterior FeaturesCourtyard, Covered Courtyard, Covered Deck, Covered Patio/Porch, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, RV/Boat Parking, Storm Cellar
RoofMetal
Security FeaturesBurglar, Security System, Smoke Detector(s), Wireless
Construction MaterialsCedar, Rock/Stone
Foundation DetailsPillar/Post/Pier
Lot FeaturesAcreage, Landscaped, Many Trees, Rolling Slope, Sprinkler System, Water/Lake View

Parking

Garage Yn1
Attached Garage Yn1
Parking FeaturesAdditional Parking, Garage Door Opener, Garage Faces Side, Garage Single Door, Inside Entrance, Oversized, Storage

Utilities

UtilitiesAerobic Septic, All Weather Road, Co-op Electric, Co-op Water, Community Mailbox, Outside City Limits, Propane

Taxes

Unexempt Taxes5173
Tax Lot51
Tax Legal DescriptionWHISPERING HILLS; LOT 51 & 52; SEC 12; ACRES

Area Information

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameWhispering Hills
School DistrictSivells Bend ISD
Elementary SchoolSivells Bend
High SchoolMuenster
Listing VS Median (in Whispering Hills)
Price:
$675,000
low | high
Med:
$675,000
50% of Average
sqft:
2,251
low | high
Med:
2,251
50% of Average
$ / sqft:
$300
low | high
Med:
$300
50% of Average
On site:
181
low | high
Med:
181
100% of Average
Sourced by Back At You

Market Activity 76240

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCooke
CityGainesville
Zip Code76240
AreaCooke
Community NameWhispering Hills
School DistrictSivells Bend ISD
Elementary SchoolSivells Bend
High SchoolMuenster
Listing VS Median (in Whispering Hills)
Price:
$675,000
low | high
Med:
$675,000
50% of Average
sqft:
2,251
low | high
Med:
2,251
50% of Average
$ / sqft:
$300
low | high
Med:
$300
50% of Average
On site:
181
low | high
Med:
181
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $506K - $843K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
41 White Oak Property Photo 1
$699,900
41 White Oak
Gainesville, TX 76240
Listing Updated: July 23, 2026 at 2:34:46 PM PDT