Water Views
Listed By:
RE/MAX FIRST REALTY
Address
229 Southside Drive, Gainesville, TX
Price
$ 675,000
Property Attributes
  • MLS#21190980
  • TypeSingle Family
  • Listing Status Active
  • CountyCOOKE
  • CityGainesville
  • NeighborhoodWhispering Hills
  • Zip76240
  • StyleTraditional
  • Year Built2006
  • Taxes$ 5173
  • Price$ 675,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2251
  • Lot Size0.8174 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.

Elementary School
Sivells Bend Elementary School
Price History
2/26/2026 Listed $775,000
4/1/2026 7$725,000
7/23/2026 7$675,000

General Features

Heating Central,Electric,Fireplace(s),Propane
Cooling Attic Fan,Ceiling Fan(s),Electric
Utilities Aerobic Septic,All Weather Road,Co-op Electric,Co-op Water,Community Mailbox,Outside City Limits,Propane
Possession Closing/Funding
Roof Metal
Appliances Dishwasher,Electric Oven,Gas Cooktop,Microwave,Double Oven,Refrigerator
Assoc Fees 700
Number of Garage Spaces 2
Restrictions Deed
School District Sivells Bend ISD
HOA Fee Includes Management Fees
Year Built 2006
Architectural Style Traditional
Levels Two
Unexempt Taxes 5173
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Whispering Hills
Transaction Type For Sale
Occupant Type Owner
County Cooke
Property Type Residential
Security Features Burglar,Security System,Smoke Detector(s),Wireless
Construction Materials Cedar,Rock/Stone
Association Fee Frequency Annually
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type Mandatory
Green Energy Efficient Appliances,Insulation
Full Baths 2
Status Active
Directions Use GPS or from Gainesville I-35 to Hwy 82 West,North on FM 1201 approx. 8 miles,left on Chaparral. Continue on Chaparral across small bridge. At top of hill turn left on Southside. Property on your
City Gainesville
Elementary School Name Sivells Bend
High School Muenster
Elementary School Sivells Bend
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21190980
Standard Status Active
Listing Terms Cash,Conventional,FHA,Texas Vet,VA Loan

Interior Features

Interior Features Built-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
Flooring Ceramic Tile,Hardwood
Fireplace Features Gas Starter,Living Room,Outside,Propane,Stone
Fireplaces Total 2
Dining Areas 1
Living Areas 1
Room Count 6
Half Baths 1
Lock Box Type Combo
Total Bedrooms 3
Total Baths 3

Exterior Features

Exterior Features Courtyard,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
Lot Features Acreage,Landscaped,Many Trees,Rolling Slope,Sprinkler System,Water/Lake View
Vegetation Partially Wooded
Fencing Fenced,Wood
Garage Length 23
Garage Width 20
Other Structures Workshop w/Electric
Parking Features Additional Parking,Garage Door Opener,Garage Faces Side,Garage Single Door,Inside Entrance,Oversized,Storage
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.8174
Lot Size Units Acres
Structural Style Lake House,Resort Property,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 35605.9440
Lot Size Acres 0.8174
Attached Garage Y/N Yes

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

Property vs Single Family Average in 76240

Price
AVG $490K
$680K
Taxes
AVG $5,102
$5,173
Year Built
AVG 1988
2006
Visits
AVG 198
452
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.