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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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1392 &1442 County Road 806 , Gainesville, MO 65655
$224,900
Est. Payment: $1,240.09/mo
2 Bed
1 Bath
1054 Sqft
16 Acres
Status: active | Days on site: 40
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Tara Limbird
Principal Broker | Operator

House Description

Discover a unique investment opportunity with two homes, 16 acres, and a heated and cooled shop, all located within the Gainesville city limits in the heart of the Missouri Ozarks. Offering multiple potential income streams, room for future possibilities, and convenient access to town, this versatile property is well suited for investors, multi-generational living, or buyers looking for additional space and flexibility.The first home offers 2 bedrooms, 1 bathroom, and approximately 1,054 square feet of living space, along with a carport. Both homes are also available separately, providing additional purchasing options.The second home features 3 bedrooms, 1 bathroom, and approximately 840 square feet of living space. It could serve as an additional rental, guest home, or personal residence.Both homes are connected to city sewer. Each property also has a well; one well was previously in use, while the other home's well condition is unknown because that residence is currently connected to city water.Adding even more value is a 34' x 24' shop building that is heated and cooled, creating a comfortable and functional workspace year-round. Whether used for automotive work, equipment and tool storage, hobbies, a personal workshop, or other uses, this building adds excellent versatility to the property.With approximately 16 acres, there is plenty of room to enjoy the property as it is while also exploring potential future uses or development, subject to applicable city requirements and approvals.Whether you're searching for rental investment property, multiple residences, acreage within Gainesville city limits, or a property with a quality shop, this Ozark County offering provides a combination that can be difficult to find. Take advantage of the space, flexibility, and income-producing potential this unique property has to offer!

Highlights

Listed by Amanda Watkins , (417) 543-4128 United Country Missouri Ozarks Realty Inc. , (417) 256-1000. Southern Missouri Regional MLS, LLC.

Property Type

Residential

Lot/Acreage
16

Year Built

1950

County

Ozark

Neighborhood

N/A

School District

Gainesville

Listing ID

60333606

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Free-Standing Electric Oven
Air Cond:Window Unit(s)
Fireplaces:Living Room,Free Standing
Floor:Vinyl,Wood
Above Ground Sq Ft:1054
Water:City,Private

Exterior Features

Lot:Acreage,Few Trees,Paved Frontage
Roof:Composition
Sewer:Septic Tank,Public Sewer
Parking Features:Covered,Driveway
Principal Interest
$1,240
Taxes
$25

Home Price

$224,900

Loan Details

30 yrs
7.354%

Down Payment

20%
$44,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,240.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,240.09 $25.09 $0.00 $1,265.18
Yearly $14,881.06 $301.09 $0.00 $15,182.15
Total $446,431.93 $9,032.70 $0.00 $455,464.63

Today's Rates

30 Year

7.35%

20 Year

7.23%

15 Year

6.94%

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Market insight data is pulled from the same city as the listing being viewed (Gainesville, MO).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Limbird Real Estate Group | PLACE are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved.

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Data last updated: 2026-10-20T05:17:33.000Z

© 2026 Southern Missouri Regional MLS, LLC.