5585 FM 902
Gainesville, TX 76240
(on 8.44 acres)
Local Information
- Map ViewExplore the area around 5585 FM 902.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
This is a very nice property with many diversified uses possible. Fenced for livestock. could be great for bees. Last cutting of grass yielded 18 round bales. Highway on front and rear of property. Completely fenced with pipe and wire. Water to the pasture. 2 septic systems. one new aerobic. One with lateral lines. Workshop with water and electricity. House is very nice. Appx. 1560 Sq. Ft. one bedroom 2 baths. Large living room and open concept kitchen and dining area. All Appliances stay. Great covered back porch. (I have spent many hours there visiting.) Has 2 Car garage with tall ceilings if one wanted to put a car lift in. Also has a sunken metal container used for storm shelter and other uses. Above that is a small unit that is presently used as a bedroom or whatever you wish. It is Airconditioned. Both of these are connected to the garage. No zoning so this could also be used as a commercial property. Owner will consider financing with 30% down at 5% Interest.
5585 FM 902, Gainesville, TX 76240 is a lot/land. It last sold for the $699,000 asking price on Mar 21, 2024. It is currently off market. The Trulia Estimate is $528,400, with a rent estimate of $1,870/month.
Home Highlights
Parking
No Info
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5585 FM 902
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Appliances & Utilities Utilities: Cable Available, Electricity Available, Electricity Connected, Propane, Phone Available, Sewer Available, Septic Available, Separate Meters, Water Available |
Heating & Cooling Heating: Central,PropaneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
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Exterior Home Features Patio / Porch: CoveredFencing: Back Yard, Fenced, Full, Gate, Pipe, WireVegetation: GrassedOther Structures: Residence, Shed(s), Workshop, Barn(s), Stable(s)Exterior: Awning(s), Private Entrance, Rain Gutters |
Frontage Road Frontage: Farm to Market Road, Highway, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Aerobic Septic, Private Sewer, Septic Tank |
Farm & Range Allowed to Raise Horses |
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Cumulative Days on Market: 162 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Agricultural, Cattle, Grazing, Horses, Orchard, Residential, Single FamilyNot Included in Sale: TVParcel Number: 139649 |
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Price List Price: $699,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GainesvilleCommunity: Turner Road |
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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No HOA |
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Lot Area: 8.44 Acres |
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Listing Terms: Cash, Conventional, Owner Will Carry, Texas Vet, USDA Loan, VA Loan |
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Mls Number: 20431743Living Area Range Units: Square FeetPasture Area: 6Attribution Contact: 940-665-3300Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48097-N-139649-R-N |
Last check for updates: about 8 hours ago
Listed by Curtis Walker 0624978, (940) 665-3300
Lake Kiowa Premiere, (940) 665-3300
Bought with: Melanie Smith, Lake & Country Realty, LLC, (940) 580-2240
Source: NTREIS, MLS#20431743
Price History for 5585 FM 902
| Date | Price | Event | Source |
|---|---|---|---|
| 03/21/2024 | -- | Sold | NTREIS #20431743 |
| 03/09/2024 | $699,000 | Pending | NTREIS #20479209 |
| 02/23/2024 | $699,000 | Contingent | NTREIS #20479209 |
| 02/14/2024 | $699,000 | PriceChange | NTREIS #20479209 |
| 01/10/2024 | $725,000 | PriceChange | NTREIS #20479209 |
| 12/18/2023 | $750,000 | PriceChange | NTREIS #20479209 |
| 12/04/2023 | $775,000 | PriceChange | NTREIS #20479209 |
| 10/12/2023 | $785,000 | PriceChange | NTREIS #20431743 |
| 09/14/2023 | $795,000 | Listed For Sale | NTREIS #20431743 |
Market trends in Lake Kiowa
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
63
8MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,804 |
| Assessment | $312,159 |
Home facts updated by county records
Comparable Sales for 5585 FM 902
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.65 | Lot/Land | - | 05/26/26 | - | - | ||
1.68 | Lot/Land | - | 01/07/26 | - | - | ||
1.48 | Lot/Land | - | 01/07/26 | - | - | ||
1.49 | Lot/Land | - | 07/28/25 | - | - | ||
2.37 | Lot/Land | - | 07/09/25 | - | - | ||
2.56 | Lot/Land | - | 08/22/25 | - | - | ||
2.17 | Lot/Land | - | 12/02/25 | - | - | ||
2.18 | Lot/Land | - | 11/21/25 | - | - | ||
2.71 | Lot/Land | - | 04/08/26 | - | - | ||
2.89 | Lot/Land | - | 04/27/26 | - | - |
Nearby homes
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SOLDFEB 13, 2026
OFF MARKET
SOLDMAY 26, 2026
SOLDJAN 15, 2026
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SOLDJUL 2, 2026
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OFF MARKET
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3D VIEW0.43 ACRES
Assigned Schools
These are the assigned schools for 5585 FM 902.
- Callisburg Elementary School
- PK-5
- Public
- 529 Students
5/10GreatSchools RatingParent Rating AverageExcellent teachers and administration. They put kids first!Parent Review6y ago - Callisburg High School
- 9-12
- Public
- 327 Students
5/10GreatSchools RatingParent Rating AverageMy daughters each graduated in the top 10% of their classes. Each one has gone on to university and has excelled. Callisburg does a wonderful job at preparing our kids for the future. My sons will graduate this year in the top 20% of their class. Each one has a different path they plan to take. The teachers have been wonderful at encouraging them and preparing them for the future. The staff has always been wonderful. The school and the teachers effectively communicate with you. They use all different methods from remind 101, Facebook, emails, text, and phone calls. I also rhink it is great that in the last couple years there has been more envolvement from the community and other organizations inside the school for groups that our considered non athletic. Such as Band, FFA, ect.Parent Review8y ago - Callisburg Middle School
- 6-8
- Public
- 287 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near 5585 FM 902.
What Locals Say about Lake Kiowa
At least 11 Trulia users voted on each feature.
100 % Say yards are well-kept
95 % Say it's dog friendly
94 % Say it's quiet
91 % Say parking is easy
90 % Say people would walk alone at night
88 % Say they plan to stay for at least 5 years
74 % Say there are community events
73 % Say there's holiday spirit
73 % Say car is needed
68 % Say neighbors are friendly
67 % Say kids play outside
57 % Say there's wildlife
53 % Say it's walkable to restaurants
11 % Say it's walkable to grocery stores
11 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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