229 Southside Drive, Gainesville, TX 76240

• 3 beds |
• 3 baths |
• 2,251 sqft

Property Description

This exceptional lakeview property offers the perfect blend of lifestyle & investment potential. Designed for comfortable full-time living or effortless second-home enjoyment, it delivers the peace, views, and outdoor access that make lake living so desirable. Beyond being a beautiful place to call home, the property has a proven track record as a high-performing short-term rental. Successfully operated as an Airbnb house for multiple years, it boasts an outstanding 4.95 star guest rating, demonstrating consistent demand, strong reviews, & reliable income history. Adding even more value, the property includes an additional barn that presents a unique opportunity for supplemental rental income-whether used for storage rentals, event space, or creative income-producing possibilities (subject to buyer use & local regulations). Whether you're looking for a serene lakeside residence, a turnkey short-term rental, or a hybrid lifestyle-investment property, this home checks every box with location, performance, & future income potential.

Listing Status:

Active

Data Last Updated:

May 18, 2026 at 3:21PM

Listing Office:

RE/MAX FIRST REALTY : (940) 665-0376

Listing Agent:

RITA GREER :

MLS ID:

21190980

Interior

• General: Built-in FeaturesCathedral Ceiling(s)Decorative/Designer Lighting FixturesDouble VanityGranite CountersHigh Speed InternetKitchen IslandLoftOpen FloorplanNatural WoodworkWalk-In Closet(s)Wired for Sound
• Appliances: Double OvenDishwasherElectric OvenGas CooktopMicrowaveRefrigerator
• Flooring: Ceramic TileHardwood
• A/C: Attic FanCeiling Fan(s)Electric
• Heating: CentralElectricFireplace(s)Propane
• Fireplace: Gas StarterLiving RoomOutsidePropaneStoneFireplaceFireplaces: 2
• Eco/Green Feature: AppliancesInsulation

Exterior

• General: Covered CourtyardCourtyardDeckFire PitGas GrillLightingOutdoor GrillOutdoor KitchenOutdoor Living AreaRain GuttersWorkshop
• Style: TraditionalDetached
• Other Structures: Workshop
• Pool: None
• Parking: Additional ParkingDoor-SingleGarageGarage Door OpenerInside EntranceOversizedGarage Faces SideStorageBoatRV Access/Parking

Construction

• Roofing: Metal
• General: CedarRockStone2Pillar/Post/Pier

Location

• Road/Access: All Weather Road
• HOA Amenities: Association Management700.0Annually
• Originating MLS: NTR
• School District: Sivells Bend ISD
• County: Cooke

Lot

• Zoning: WHISPERING HILLS; LOT 51 & 52; SEC 12; ACRES77097
• View: WaterView
• Fencing: FencedWood

Utilities

• Utilities: Electricity AvailablePropaneSeptic AvailableWater Available
• Water: Community/Coop
• Sewer: Aerobic Septic

Financial

• Source: NTR