10642 FM 902, Gainesville, TX 76233
Property image
Property image
FOR SALE
3D VIEW
19.42 ACRES

10642 FM 902
Gainesville, TX 76233

  • 2 Beds
  • 1 Bath
  • 772 sqft (on 19.42 acres)

$1,100,000

Original price: $1,200,000
Est. Mortgage $7,086/mo*

$1,100,000

Original price: $1,200,000
Est. Mortgage $7,086/mo*
2 Beds
1 Bath
772 sqft
(on 19.42 acres)

Home Highlights

Parking
2 Carport Spaces
Outdoor
Yes
Climate Control
Heating & Cooling
Price/Sqft
$1,425
Listed
108 days ago

Local Information

  • Map ViewExplore the area around 10642 FM 902.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

PRICE IMPROVED! Discover approximately 20 AG-exempt acres in Collinsville, Texas, offering the perfect blend of privacy, functionality, and future potential. Located on paved FM 902 in desirable Cooke County with convenient access to I-35, Gainesville, Sherman, Denton, Fort Worth, and Southern Oklahoma, this exceptional farm and ranch property is ready for your vision.

Whether you're planning to build a custom home, create an equestrian facility, establish a working ranch, or enjoy the homestead lifestyle, much of the groundwork has already been completed. Existing homesite and shop pads are in place with water, septic, and electrical service including a 100-amp panel already installed.

Designed for horses and livestock, the property features sandy loam soil, full perimeter and cross fencing, multiple livestock pens, water to every pasture, and an efficient alleyway system. A 150' x 20' covered barn offers six stalls, feed storage, equipment parking, and additional workspace, with plenty of room to add a riding arena or additional improvements.

A solar-powered gated entrance and mature tree-lined boundaries create exceptional privacy, while an approximately 800-square-foot farmhouse offers 2 bedrooms, 1 bathroom, a full kitchen, laundry area, and energy-efficient mini-split HVAC. Ideal as a primary residence, guest house, weekend retreat, rental, or temporary home while building.

Relax under the covered patio featuring an outdoor kitchen and firepit overlooking wide-open pastures and a picturesque approximately 20-foot-deep pond that provides beauty and a valuable water source for livestock and wildlife.

With AG exemption, build-ready improvements, equestrian amenities, and a recent price improvement, this versatile North Texas property is an outstanding opportunity for ranching, recreation, investment, or creating the country lifestyle you've always dreamed of.

Home Details for 10642 FM 902

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 772 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Electricity Connected, Sewer Available, Septic Available, Water AvailableAppliances: Dishwasher, Electric Oven, Electric RangeDishwasherLaundry: Washer Hookup,Dryer Hookup
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Linoleum, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Linoleum, Luxury Vinyl Plank
Security
Security: Security Gate

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: CoveredFencing: Barbed Wire, Cross Fenced, Fenced, Full, Gate, WireVegetation: ClearedOther Structures: Barn(s)Exterior: Built-in Barbecue, BarbecueFoundation: Pillar/Post/Pier
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Additional Parking
Pool
Pool: None
Frontage
Road Frontage: All Weather RoadRoad Surface Type: GravelNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Tank
Farm & Range
Horse Amenities: Arena, Barn, Hay Storage, Stock Pen(s)

Days on Market

Cumulative Days on Market: 106Days on Market: 108

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Construction Materials: Board & Batten SidingNot Attached Property
Property Information
Not Included in Sale: Personal Belongings- round pen, working pens & chutes on north side of barn, all farm equipment and animalsParcel Number: 128238

Price & Status

Price
List Price: $1,100,000Price Per Sqft: $1,425
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: CollinsvilleCommunity: Dove Jc
School Information
Elementary School: CallisburgElementary School District: Callisburg ISDJr High / Middle School: CallisburgJr High / Middle School District: Callisburg ISDHigh School: CallisburgHigh School District: Callisburg ISD

Agent Information

Listing Agent
Listing ID: 21231611

HOA

No HOA

Lot Information

Lot Area: 19.421 Acres

Miscellaneous

Mls Number: 21231611Living Area Range Units: Square FeetAttribution Contact: 903-870-6956
Last check for updates: about 24 hours ago
Listing courtesy of Jessica Self 0792629, (903) 870-6956
Texas Homes and Land Real Estate, LLC, 903-870-6956
Source: NTREIS, MLS#21231611
Also Listed on NTREIS.

Market trends in Collinsville

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
4
MoM

Price History for 10642 FM 902

DatePriceEventSource
07/25/2026$1,100,000PriceChange
NTREIS #21231611
05/14/2026$1,200,000PriceChange
NTREIS #21231611
04/10/2026$1,250,000Listed For SaleNTREIS #21231611

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Property Tax and Assessment

Year2024
Tax$9,523
Assessment$432,266
Home facts updated by county records

Comparable Sales for 10642 FM 902

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.03
Single-Family Home
-
02/27/26
3
2
1,901
0.52
Single-Family Home
-
06/11/26
4
2.5
2,873
1.11
Single-Family Home
-
11/17/25
3
2
1,913
0.94
Single-Family Home
-
04/01/26
3
2
1,994
0.99
Single-Family Home
-
02/02/26
3
2.5
2,193
0.93
Single-Family Home
-
04/21/26
4
3.5
2,852
0.98
Single-Family Home
-
10/01/25
4
3.5
2,777
1.64
Single-Family Home
-
09/02/25
3
2
2,021
1.98
Single-Family Home
-
06/10/26
4
2.5
2,800
2.12
Single-Family Home
-
07/02/26
3
4
2,460

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 10642 FM 902.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Collinsville

At least 13 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 89 % Say they plan to stay for at least 5 years

  • 89 % Say there's holiday spirit

  • 89 % Say parking is easy

  • 88 % Say it's dog friendly

  • 82 % Say yards are well-kept

  • 75 % Say people would walk alone at night

  • 71 % Say kids play outside

  • 66 % Say neighbors are friendly

  • 59 % Say it's quiet

  • 54 % Say it's walkable to restaurants

  • 48 % Say there's wildlife

  • 43 % Say there are community events

  • 31 % Say there are sidewalks

  • 28 % Say streets are well-lit

  • 22 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Melissa W.
    "We have a community wide Christmas parade/celebration. It’s a lot of fun and the Pioneer Days is always fun. But people are very friendly and they love to talk behind your back. Lol it’s a small town. "
  • Melmorgmoore
    "There is a park within walking distance & playground at the ES within walking distance. A equine farm at end of street"
  • Melmorgmoore
    "I’ve lived here for 3 moths & the neighbors across the street have been here fir 30 years. The neighbors we have met so far really nice."
  • Ericaxe2003
    "It's the country. The middle of nowhere. It's quite and I can't see my neighbors. However we are there for our neighbors whenever they need something. The night sky is amazing because there is no light pollution. "
  • Gina S.
    "I've lived here most of my life as does most of my family. Its a small town, close to Lake Ray Roberts and Lake Texoma. Shopping is 30 minutes or less to Gainesville, Sherman or Denton. Very quiet and safe place to raise your kids or retire."

LGBTQ Local Legal Protections

Jessica Self, Texas Homes and Land Real Estate, LLC, 903-870-6956
Agent Phone: (903) 870-6956
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. Information is deemed reliable but not guaranteed.
10642 FM 902, Gainesville, TX 76233 is a 2 bedroom, 1 bathroom, 772 sqft single-family home built in 1950. This property is currently available for sale and was listed by NTREIS on Apr 10, 2026. The MLS # for this home is MLS# 21231611.