397 County Road 511, Gainesville, MO 65655
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Property image
OFF MARKET

    397 County Road 511, Gainesville, MO 65655

    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
    1.91
    Lot/Land
    -
    05/21/26
    -
    -
    2.17
    Lot/Land
    -
    11/21/25
    -
    -
    1.72
    Lot/Land
    -
    07/17/26
    -
    -
    2.07
    Lot/Land
    -
    04/20/26
    -
    -
    2.61
    Lot/Land
    -
    11/07/25
    -
    -
    2.70
    Lot/Land
    -
    09/05/25
    -
    -
    3.49
    Lot/Land
    -
    04/07/26
    -
    -
    4.19
    Lot/Land
    -
    06/09/26
    -
    -
    4.19
    Lot/Land
    -
    12/16/25
    -
    -
    4.49
    Lot/Land
    -
    01/20/26
    -
    -

    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
    0.28
    -
    3
    2
    2,148
    Recently Sold
    0.51
    -
    -
    -
    -
    Off Market
    0.73
    $1,450,000
    4
    2
    2,821
    For Sale
    0.77
    $183,700
    3
    2
    1,120
    Off Market
    1.00
    $324,400
    5
    3
    3,142
    Off Market
    1.59
    $95,000
    -
    -
    -
    For Sale

    Local Information

    • Map ViewExplore the area around 397 County Road 511.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    128 acres

    About this House

    Nestled amidst the serene landscapes of the Ozarks, this expansive 128-acre property offers a blend of pastureland beauty, practical functionality, and the promise of a peaceful country lifestyle. This agricultural gem, just a stone's throw from Gainesville, MO, and within comfortable commuting distance to Mountain Home, AR, is the perfect canvas for your future endeavors, whether they involve livestock, agriculture, or simply a private retreat.As you approach the property, the first thing that captures your attention is the extensive frontage on both state highway and county road--an assurance of easy accessibility. The electric service that runs very close to the edge of the property ensures that any development plans will not be hampered by the lack of modern amenities.Currently leased for cattle grazing, the acreage is mostly lush pasture, fully perimeter fenced and cross-fenced to maximize the land's usage for livestock rotation. The presence of two ponds not only enhances the property's charm but also serves as an important water resource for cattle or for any agricultural projects you may envision.The land boasts mature marketable timber offering both aesthetic and economic value. The stand of trees not only contributes to the overall beauty of the property but also represents a potential source of revenue if you decide to harvest.Prospective homeowners will be drawn to the numerous ideal construction sites scattered across the property that offer incredible views of the rolling hills and clear skies--the sort of panorama that turns a house into a home. Whether your dream home is a sprawling ranch or a grand estate, each site provides a perfect backdrop for an idyllic living experience.The combination of practical features and breathtaking natural beauty makes this property a rare find. It is a sanctuary for those looking to create a life that balances the tranquility of rural living with the convenience of proximity to local towns and amenities.
    397 County Road 511, Gainesville, MO 65655 is a lot/land. It last sold for the $375,000 asking price on May 23, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $794/month.
    Last check for updates: about 11 hours ago
    Listed by Amanda Watkins, (417) 543-4128
    United Country Missouri Ozarks Realty Inc.
    Bought with: Kyler Robbins, (417) 372-1881, Peglar Real Estate Group
    Source: SOMOMLS as distributed by MLS GRID, MLS#60267563

    Home Details for 397 County Road 511

    Active Status

    MLS Status: Closed

    Interior Features

    View
    Has a ViewView: Panoramic

    Exterior Features

    Exterior Home Features
    Fencing: Cross Fenced, Barbed Wire, PerimeterOther Structures: None
    Parking & Garage
    No CarportNo GarageNo Attached Garage
    Frontage
    Waterfront: PondRoad Frontage: County Road, State RoadResponsible for Road Maintenance: County, State Maintained RoadRoad Surface Type: Blacktop, GravelNot on Waterfront
    Farm & Range
    Allowed to Raise Horses
    Surface & Elevation
    Topography: Hilly, Wooded, Open/Cleared

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Acreage
    Property Information
    Parcel Number: 150.7250000000002.001

    Price & Status

    Price
    List Price: $375,000
    Status Change & Dates
    Possession Timing: Negotiable

    Location

    Direction & Address
    City: GainesvilleCommunity: N/A
    School Information
    Elementary School: GainesvilleJr High / Middle School: GainesvilleHigh School: Gainesville

    HOA

    No HOA

    Lot Information

    Lot Area: 128 Acres

    Offer

    Listing Terms: Cash, USDA Loan, Conventional

    Miscellaneous

    Mls Number: 60267563Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet

    Price and Tax history

    DateEventPrice
    May 23, 2025
    Source: SOMOMLS as distributed by MLS GRID #60267563
    Sold
    --
    Apr 23, 2025
    Source: SOMOMLS as distributed by MLS GRID #60267563
    Pending
    $375,000
    Jan 29, 2025
    Source: SOMOMLS as distributed by MLS GRID #60267563
    PriceChange
    $375,000
    Price decreased by 5%
    Nov 23, 2024
    Source: SOMOMLS as distributed by MLS GRID #60267563
    PriceChange
    $392,900
    Price decreased by 1%
    Aug 14, 2024
    Source: SOMOMLS as distributed by MLS GRID #60267563
    PriceChange
    $395,900
    Price decreased by 1%

    Market trends in Gainesville

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    25
    1
    MoM

    Around this home

    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 Gainesville

    At least 2 Trulia users voted on each feature.
    • 100 % Say yards are well-kept

    • 100 % Say car is needed

    • 75 % Say neighbors are friendly

    • 67 % Say there's holiday spirit

    • 67 % Say they plan to stay for at least 5 years

    • 50 % Say it's quiet

    • 50 % Say there are community events

    • 50 % Say kids play outside

    • 50 % Say parking is easy

    • 33 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.

    LGBTQ Local Legal Protections

    The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC. Real estate listings held by Brokerage firms other than Zillow, Inc. are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved. Click here for more information

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