FM 51, Gainesville, TX 76240
OFF MARKET

$141,590

Tax assessed value

    FM 51, Gainesville, TX 76240

    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
    1.68
    Lot/Land
    -
    06/18/26
    -
    -
    1.68
    Lot/Land
    -
    04/15/26
    -
    -
    2.15
    Lot/Land
    -
    09/24/25
    -
    -
    1.92
    Lot/Land
    -
    05/26/26
    -
    -
    2.04
    Lot/Land
    -
    12/05/25
    -
    -
    2.23
    Lot/Land
    -
    02/18/26
    -
    -
    2.25
    Lot/Land
    -
    03/09/26
    -
    -
    2.24
    Lot/Land
    -
    02/18/26
    -
    -
    2.38
    Lot/Land
    -
    08/14/26
    -
    -
    2.94
    Lot/Land
    -
    07/31/26
    -
    -

    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
    0.29
    $302,800
    3
    2
    2,132
    Off Market
    0.33
    $325,600
    3
    2
    1,863
    Off Market
    0.31
    $242,700
    3
    2
    1,748
    Off Market
    0.34
    $310,000
    3
    2
    1,911
    Off Market
    0.33
    $326,500
    4
    2.5
    2,641
    Off Market
    0.34
    $344,900
    3
    2.5
    2,089
    Off Market
    0.32
    -
    -
    -
    -
    Off Market
    0.34
    $359,500
    3
    2.5
    2,362
    For Sale
    0.34
    $249,600
    3
    2
    1,880
    Off Market
    0.38
    $309,700
    4
    3.5
    2,001
    Off Market
    0.36
    -
    3
    2
    1,674
    Recently Sold
    0.39
    $370,300
    3
    2.5
    2,169
    Off Market

    Local Information

    • Map ViewExplore the area around FM 51.
    • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    51.23 acres

    About this House

    51 plus acres with high elevation and beautiful views. Predominantly open range land. Adjacent to the north side of the Cross N Ranch. Long road frontage along FM 51. Previously leased for cattle. Buyer to verify all utility availability. There is a water well on the property, but it is shallow and best used for watering livestock - windmill may need a repair.
    FM 51, Gainesville, TX 76240 is a lot/land. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,892/month.

    Home Details for FM 51

    Property Information

    Property Type / Style
    Property Type: Lot LandArchitecture: Ranch / Rambler

    Lot Information

    Lot Area: 51.23 acres

    Price and Tax history

    DateEventPrice
    Jul 1, 2025
    Source: NTREIS #20662786
    ListingRemoved
    $569,000
    Jul 2, 2024
    Source: NTREIS #20662786
    PriceChange
    $569,000
    Price decreased by 5%
    Jul 2, 2024
    Source: NTREIS #20645273
    PriceChange
    $600,000
    Price increased by 3%
    Jun 13, 2024
    Source: NTREIS #20645273
    Listed For Sale
    $584,500
    Sep 2, 2020
    Source: Agent Provided
    ListingRemoved
    $334,000

    Market trends in Gainesville

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    โ€”
    Sale-to-List Price
    โ€”
    Price per sq ft
    โ€”
    Available listings
    176
    2
    MoM

    What Locals Say about Gainesville

    At least 100 Trulia users voted on each feature.
    • 89 % Say yards are well-kept

    • 85 % Say car is needed

    • 78 % Say parking is easy

    • 74 % Say there's holiday spirit

    • 70 % Say kids play outside

    • 63 % Say it's dog friendly

    • 49 % Say it's quiet

    • 48 % Say neighbors are friendly

    • 46 % Say people would walk alone at night

    • 44 % Say there's wildlife

    • 41 % Say they plan to stay for at least 5 years

    • 38 % Say it's walkable to grocery stores

    • 35 % Say there are sidewalks

    • 28 % Say it's walkable to restaurants

    • 27 % Say streets are well-lit

    • 19 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Megan Rios
      "You see people walking there dog all the time. This neighborhood is very dog friendly. I recommend this as a great place."
    • Jaki-sieran J.
      "Gainesville is a great place and peaceful can ask for more ... we loved to stay here in this place. "
    • Micaela P.
      "Around here, owners seem to mistreat their dogs. There are plenty of ambulances, so if your dog were to howl, many people would get mad as not everybody in this area likes dogs. They probably wouldnt like this area, as people do not hesitate to call the cops on your dog, even if they hadnt done anything. There are a lot of bikers and people who walk throughout the neighborhood, so if your dog regularly chases people, then it would not be the best place for them."
    • Julie W.
      "I live in a much older part of town. The roads are well maintained. However the main roads in and out of town flood terribly."
    • Rhonda M.
      "looooong......pleasant country living with city feeling... nice neighbors quiet friendly atmosphere...country music to ease your mind from the long drive"
    • Ricardo V.
      "There are plenty of other dog owners that are usually out for a walk around the neighborhood with a park close by. "
    • Jennifer W.
      "There is no public transportation. You must have a car. Not many things are within a quick walking distance. "
    • Madisonbruce92
      "I have my own car, the roads arenโ€™t really ever that busy. It might be a little congested around 5pm, but itโ€™s not terrible."
    • Unspecified
      "There are quite a few fenced yards with dogs in them, but rarely are there people out walking their dogs. There are sidewalks available for most roads."
    • Ssteward7292
      "I donโ€™t think we have any public transportation for anyone other than the elderly. Aside from that the roads are in fairly good shape and traffic is rarely congested. "
    • Lisaa A.
      "Gainesville is an amazing place to live in, Different types of neighborhoods. Great job opportunities "
    • Leona R.
      "In my part of the neighborhood, the wouldn't like the fact that the neighbors let their animals roam free. "

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