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.
7.26 acres in city limits of gunter with approximate 2400sf home 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! seller financing available with 50% down for 3 years. zoning info per city of gunter is: “currently zoned thor(thoroughfare district) in the front portion and sf1 in the back. the thor is an overlay district, that is a base zoning of c-1. anything with main street frontage was re-zoned as thor in our future land use plan. currently, this property can be used as sf1, but if the home becomes vacant for a period of 6 months or more or is demolished, the land use would then change to the c-1 zoning on front of the parcel”. could be purchased as part of a 1031 tax exchange. taxes paid by seller last year were $7700. please note that property goes well beyond the creek on the south boundary. city water and sewer!! small yellow bldg 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
Sell a home like this and save $53,501 Find Out How
Property Details
-
Interior Features
Utilities
- All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Sewer Available
Heating Source
- Other
-
Exterior Features
Building Information
- Built Year: 1960
Exterior Features
- Covered Patio/Porch,Storage
-
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
-
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
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 06/13/2025 @ 08:39
- 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.