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1742 S Fm 372, Gainesville, TX 76240

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For Sale

$785,000

5 beds • 3 baths • 2 half baths • 5,045 sqft

Estimated Payment

$ 4,077 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $155.60
    Price per square foot

  • 21-30 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Stunning estate retreat on a dead end road, outside city limits, but minutes from shopping, restaurants and I-35. Main home is expansive 3 bed, 2 and 2-half bath (3212 sq ft), nestled on 5+ acres. Property is fenced & cross fenced, bring your horses! Lots of natural light, 22' ceilings in the great room wired for surround sound, vaulted ceilings in large master, his and hers walk-in closets. Gourmet kitchen with breakfast nook, double oven, cooktop, built in microwave, tons of counter space. Plus, detached 2 bed, 1 bath guest house (1083 sq ft), with newly renovated kitchen. We're not done yet.. There's also a private detached 1 bath office (750 sq ft) or bonus building with shop area in back. Gorgeous property with a beautiful canopy of mature trees, including Oak, Crepe Myrtle and Texas Lilac. Backyard is perfect for entertaining, area for an outdoor kitchen and pergola. Property is situated in the desirable King Estates development. Buyer or buyer's agent to verify all information.
MLS# 20800576

Courtesy Of TOWERY REALTY, Listed By Audra Balkan

(903) 786-9001

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Porch, Patio, Vaulted Ceiling, Cable Ready
  • Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Ice Maker, Microwave, Oven - Double, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Laminate, Tile, Tile - Ceramic
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    5.44 Acres

Map and Directions

Directions to 1742 S Fm 372, Gainesville, TX 76240

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $4,077
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,077

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Edison Elementary School

Grades PK-1 Public School

Gainesville, TX 76240 1.6 miles
1 edison dr

637 total students
16:1 Student teacher ratio

School Details

W E Chalmers Elementary School

Grades 2-4 Public School

Gainesville, TX 76240 1.6 miles
600 fm 3092

694 total students
16:1 Student teacher ratio

School Rating: D-

School Details

Robert E Lee Intermediate School

Grades 5-6 Public School

Gainesville, TX 76240 3.4 miles
2100 n grand ave

443 total students
14:1 Student teacher ratio

School Rating: D

School Details

Gainesville Jr High School

Grades 7-8 Public School

Gainesville, TX 76240 1.6 miles
1201 s lindsay st

443 total students
14:1 Student teacher ratio

School Rating: D

School Details

Gainesville High School

Grades 9-12 Public School

Gainesville, TX 76240 2.4 miles
2201 s interstate 35

840 total students
14:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Disciplinary Alternative Education Program 2.5 miles Public 8-9
St Mary School 2.7 miles Private PK-8

Disciplinary Alternative Education Program

Distance: 2.5 miles

Type Public

Grades: 8-9

St Mary School

Distance: 2.7 miles

Type Private

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Gainesville, TX 76240

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Gainesville, TX 76240

This community’s employment is highest in the production occupations and transportation industries. The area’s overall household expenses are below the national average.

96° August
Hottest Average Month
30° January
Coldest Average Month
11,581 Total Households in Area
3.8% Increase in population since the year 2010
36.5%
of households
have children
24 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Gainesville, TX 76240

Gainesville, TX 76240 has a population of 29,630 people in 11,581 households with a median age of 38.2 years old.

3.8%
Increase in population
since the year 2010
Population is Trending up
10,774
Total households as of 2010
7.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 70%
Hispanic 25%
Other 10%
Black 4%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 70%, followed by Hispanic at 25%, Other at 10%, and Black at 4%.

Economics
for Gainesville, TX 76240

78 /sq mi
Population Density
$60,345 /yr
Median Household Income
$263,031
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 18.6% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 5%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 7,285 56%
Rented 4,295 33%
Vacant 1,313 10%

White vs Blue Collar Jobs







White Collar 59%
Blue Collar 41%

Family & Education Facts
for Gainesville, TX 76240

38.2 Median Age

Average Household Size

2.5
persons per
household

54.1%

Married Households

Community Population By Education

High School Graduate 31%
Some College 28%
Bachelors Degree 14%
Some High School 12%
Associates Degree 8%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 30.51% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.5% of households have children

Weather
for Gainesville, TX 76240

The weather for this area ranges from a high of 96° F in August to a low of 30° F in January

96° August
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
53°
Feb
34°
58°
Mar
42°
66°
Apr
51°
75°
May
60°
82°
Jun
68°
90°
Jul
72°
95°
Aug
72°
96°
Sep
64°
88°
Oct
53°
78°
Nov
42°
65°
Dec
33°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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