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8283 S Fm 372, Gainesville, TX 76240

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For Sale

$832,000

26 acres

Estimated Payment

$ 4,321 /mo. †

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

  • N/A
    Property type

  • 26 acres
    Lot size

Explore this Property

This 26-acre property in Mountain Springs, located along FM 372, offers a range of possibilities. It features three 40 x 60 barns, a 30 x 60 breeding area, multiple turn-out pens, and four loafing sheds. Previously used as a breeding facility, the property has great potential with some updates. The land's rolling terrain provides beautiful views, and a creek running through the property feeds two large ponds. While the existing home needs to be demolished, it boasts a prime entrance on FM 372. Viewings are available by appointment through the gate next to the house.
MLS# 20563917

Courtesy Of Texas Homes and Land, Listed By Coryann Johnson

(214) 908-5468

Property Features

  • Architecture Style
    Ranch
  • Lot Size
    26 Acres

Map and Directions

Directions to 8283 S Fm 372, Gainesville, TX 76240

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,321
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,321

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

Schools

Valley View Elementary School

Grades PK-4 Public School

Valley View, TX 76272 7.1 miles
712 s lee st

345 total students
12:1 Student teacher ratio

School Rating: D+

School Details

Valley View Middle School

Grades 5-8 Public School

Valley View, TX 76272 7.1 miles
804 s lee st

280 total students
15:1 Student teacher ratio

School Rating: D-

School Details

Valley View High School

Grades 9-12 Public School

Valley View, TX 76272 7 miles
802 s lee st

261 total students
14:1 Student teacher ratio

School Rating: B-

School Details

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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