Water Views
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
Taxes
Year Built
Visits
In The Neighborhood
Gainesville
$ 279,500
139 Pecan Drive
Gainesville, TX 76240
- Type
- Single Family
- Size
- 1,104 SqFt
- Rooms
- 1 Beds + 1 Baths
Reduced
Dallas
$ 370,000
13426 Whispering Hills Drive
Dallas, TX 75243
- Type
- Single Family
- Size
- 1,828 SqFt
- Rooms
- 3 Beds + 2 Baths
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
