Housing in the Gordonville area is a blend of lake-oriented and rural stock. Near the shoreline, buyers find modest cabins, manufactured and park-model homes, and larger custom residences, many positioned for direct or short access to the water. Away from the lake, parcels open up into small acreage and ranch-style properties. Several marina resorts and RV parks around Gordonville offer seasonal and long-term sites, reflecting the community's strong weekend and vacation orientation. Lot sizes tend to be generous by suburban standards, and the overall character is informal and outdoors-focused rather than subdivision-driven.

Life in Gordonville revolves around Lake Texoma. Residents and visitors spend warm months boating, fishing for striped bass and other species, and gathering at the marinas and lakeside restaurants that dot the shoreline. The pace is relaxed and seasonal, with weekdays quiet and weekends busier as travelers arrive from Dallas–Fort Worth and Oklahoma. Beyond the water, the community is close to the rural character of Grayson County, with nearby Whitesboro, Sherman, and Denison providing dining, shopping, and cultural amenities. It is a lifestyle oriented toward the outdoors and the lake rather than urban nightlife.

Students in the Gordonville area are served by the Whitesboro Independent School District, based in nearby Whitesboro. The district operates campuses covering pre-kindergarten through twelfth grade and serves a largely rural, community-oriented student body across the surrounding portion of Grayson County. Families in Gordonville also have access to nearby private and early-childhood options in Whitesboro and Sherman for those seeking alternatives. The district's small-town scale and close ties to the surrounding communities are part of the area's broader appeal for families seeking a quieter North Texas setting.

Gordonville is reached primarily by Farm to Market Road 901, which connects south toward Whitesboro and U.S. Highway 377. U.S. 377 links the area north to the Oklahoma state line and south toward Denton and the Dallas–Fort Worth metroplex, placing the larger region roughly an hour away by car. State Highway 82 and U.S. Highway 75 in Sherman and Denison provide additional regional corridors for longer trips. As a small lakeside community, Gordonville has no transit service; personal vehicles are the standard way to get around, and lake access is a short drive from most properties.

Lake Texoma is the center of recreation in Gordonville. The lake supports boating, sailing, water skiing, and a well-known striped bass fishery, with marinas such as Cedar Bayou and Rock Creek providing launch, slip, and camping facilities in the immediate area. Shoreline trails, including portions of the Cross Timbers Hiking Trail, offer walking and wildlife viewing along the water. Texas Parks and Wildlife maintains public lake access points north of the community. Beyond the lake, the rolling terrain of Grayson County provides opportunities for hunting, horseback riding, and rural exploration, while Eisenhower State Park lies a short drive across the lake.