$1,000,000
Original price: $1,100,000
2 Beds
1 Bath
772 sqft (on 19.42 acres)
10642 FM 902, Gainesville, TX 76233
Est. Mortgage $6,593/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1950
19.42 acre lot
$1,295/sqft
2 Carport Spaces
Local Information
- Map ViewExplore the area around 10642 FM 902.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
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.
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.
Last check for updates: about 6 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.
Home Details for 10642 FM 902
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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 |
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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) |
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Cumulative Days on Market: 117Days on Market: 164 |
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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 |
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Price List Price: $1,000,000Price Per Sqft: $1,295 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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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 |
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Listing Agent Listing ID: 21231611 |
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No HOA |
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Lot Area: 19.421 Acres |
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Mls Number: 21231611Living Area Range Units: Square FeetAttribution Contact: 903-870-6956 |
Around this home
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.
Market trends in Collinsville
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
1.98 | Single-Family Home | - | 06/10/26 | 4 | 2.5 | 2,800 | |
2.12 | Single-Family Home | - | 07/02/26 | 3 | 4 | 2,460 | |
2.29 | Single-Family Home | - | 02/20/26 | 3 | 1 | 1,428 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $1,000,000 | - | - | - | For Sale | |
0.42 | - | - | - | - | Off Market | |
0.52 | - | 4 | 2.5 | 2,873 | Recently Sold | |
0.93 | - | 4 | 3.5 | 2,852 | Recently Sold | |
0.94 | - | 3 | 2 | 1,994 | Recently Sold | |
0.98 | $466,000 | 4 | 3.5 | 2,777 | Off Market | |
0.99 | - | 3 | 2.5 | 2,193 | Recently Sold | |
1.01 | - | - | - | - | Off Market | |
1.03 | - | 4 | 2 | 1,904 | Off Market | |
1.03 | - | 3 | 2 | 1,901 | Recently Sold | |
1.05 | $675,000 | 3 | 2 | 1,582 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 5, 2026 Source: NTREIS #21231611 | PriceChange | $1,000,000 Price decreased by 9% |
Jul 25, 2026 Source: NTREIS #21231611 | PriceChange | $1,100,000 Price decreased by 8% |
May 14, 2026 Source: NTREIS #21231611 | PriceChange | $1,200,000 Price decreased by 4% |
Apr 10, 2026 Source: NTREIS #21231611 | Listed For Sale | $1,250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,705 | $432,266 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.
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Frequently asked questions about 10642 FM 902
- What is the estimated monthly payment for 10642 FM 902?Based on a $1,000,000 list price with 20% down at today's rates, the estimated monthly payment for 10642 FM 902 in Gainesville, TX is approximately $6,711 (about $5,419 principal & interest, $1,217 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Gainesville?Residents describe Gainesville, TX as established, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Gainesville, TX.
- What are the closest schools to 10642 FM 902?The closest schools to 10642 FM 902 in Gainesville, TX are Callisburg Elementary School (Pre-K, rated 5/10), Callisburg High School (rated 5/10), Callisburg Middle School (rated 5/10).
- Does 10642 FM 902 have air conditioning?Yes, 10642 FM 902 in Gainesville, TX has air conditioning.
- Does 10642 FM 902 have laundry facilities?Yes, 10642 FM 902 in Gainesville, TX has laundry facilities.
- Does 10642 FM 902 have a yard?Yes, 10642 FM 902 in Gainesville, TX has a yard.
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.