Description
7.26 acres in city limits of gunter with apprx 2400 sf house that needs updates but could be used for rental or office. great development or investment property near preston rd and part of downtown master plan! this property is located on main street aka fm 121 just east of preston rd. potential to purchase as part of 1031 tax exchange. the property goes well beyond the creek on the south. current zoning per city of gunter is mostly single family with thoroughfare district at front and potential for commercial or multifamily. city water and sewer to property! small yellow building to the east of home is part of property and currently used for storage. gunter is poised for growth with its location just north of prosper & celina and south of sherman as well as its proximity to future extension of the dallas north tollway. plans for universal theme park in frisco 20 minutes from property and heb, costco, & lowe's in celina 10 minutes away.
Property Type
LandSubdivision
Otp GunterCounty
GraysonStyle
LandAD ID
45772004
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Property Details
-
Interior Features
Utilities
- All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Sewer Available
Heating Source
- Other
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Exterior Features
Building Information
- Built Year: 1960
Exterior Features
- Covered Patio/Porch,Storage
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Property / Lot Details
Lot Information
- Lot Size (Acr): 7.2600
- Lot Size Units: Acres
- Lot Size Square Feet: 316245.6000
- Lot Size Source: Public Records
- Lot Features: Acreage,Interior Lot,Irregular Lot,Many Trees,Tank/ Pond
Property Information
- Property Type: Land
- Property Sub Type: Improved Land
- Subdivision: Otp Gunter
- City: Gunter
- State: Texas
- Directions: On FM 121 (Main St) just east of Preston Rd (Hwy 289) on south side, no sign. Address on lamp post.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $900,000
Listing Information
- Possession: Negotiable
-
Taxes / Assessments
Tax Information
- Parcel Number: 151959
- Tax Block: PT 83,84,85
- Tax Legal Description: OTP GUNTER, BLOCK PT 83, 84, 85, ACRES 7.26
- Unexempt Taxes: $9,564
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Gunter
- Middle School: Gunter
- High School: Gunter
- School District: Gunter ISD
Utility Information
- Utilities: All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Sewer Available
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BuyOwner last updated this listing 04/27/2025 @ 15:03
- MLS: 431470521
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7 sized lot, and 0 parking. are nearby neighborhoods.