Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1201 Eagle Glen Pass Gunter, TX 75058

    View on Map
    Claim this Listing
    New
    For Sale
    $225,000

    Improved Land - Gunter, TX

    Lot size:
    0.42 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 16 at 9:06 pm

    Property Features for 1201 Eagle Glen Pass

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    261494
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Expense value
    385
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Semi-Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    James Spece

    Listing agent James Spece License #0737814

    Listing office James Spece - Realtor Inc. 1846 JC Maples Rd., Gunter, TX

    Listing date Apr 10, 2026

    MLS# 21234181 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Golf Course View Homesite

    This nearly half-acre homesite is located at the back of a quiet cul-de-sac with no through-traffic, offering wide-angle views of the Fred Couples signature golf course. The property is located in Gunter, TX, and is zoned for Gunter ISD. Residents have access to a 4,000 sq ft fitness center, tennis courts, and resort pools. Optional golf memberships are available. This high-elevation lot is located in the heart of Gunter.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.711173
    Latitude
    33.4329122

    Nearby Similar for Sale

    • $785,000

      Prime Land in Gunter, TX

      7.26 acres in Gunter, TX with development potential.
      115 E Main Street, Gunter, TX 75058
      View Details
    • $350,000

      Gunter, TX Commercial Land

      Prime commercial land in rapidly growing Gunter, Texas.
      111 E Main Street, Gunter, TX 75058
      View Details
    • $468,000
      2,554 SF

      Gunter Duplex: Investment Opportunity

      2021 duplex near downtown Gunter, ideal for investment.
      516-518 Wood Drive, Gunter, TX 75058
      View Details
    • $475,000

      Gunter Duplex: Investment Opportunity

      2018 duplex in Gunter with 6 bedrooms and 4 bathrooms.
      614 N 6th Street, Gunter, TX 75058
      View Details
    • $175,000

      Gunter, TX Commercial Land Opportunity

      0.3-acre commercial lot on Main Street in Gunter, TX.
      104 E Main Street, Gunter, TX 75058
      View Details
    • $300,000

      Unimproved Land in Gunter, TX

      Residential land for custom home in Gunter, Texas.
      Tbd Lot 3 McConnell Road, Gunter, TX 75058
      View Details
    • $500,000

      Gunter, TX: 2.4 Acre Land

      2.4 acres in Gunter, TX with utilities available.
      610 N 9th Street, Gunter, TX 75058
      View Details
    • $375,000

      Gunter, TX Land Opportunity

      1.79 acre lot in Gunter ISD, no HOA.
      592 Pike Road, Gunter, TX 75058
      View Details
    • $1,895,000
      1,745 SF

      Gunter Ranch with Modern Farmhouse

      Ag-exempt 12-acre ranch featuring a custom rebuilt farmhouse.
      2196 Bledsoe Road, Gunter, TX 75058
      View Details
    • $1,987,500

      25 Acres in Growing Gunter

      25-acre tract with development potential in Gunter, Texas.
      1730 Mackey Road, Gunter, TX 75459
      View Details
    • $975,000

      Prime Land in Growing Gunter

      12.5-acre tract ideal for commercial development in rapidly growing Gunter.
      Tbd Mackey Road, Gunter, TX 75459
      View Details
    • $1,100,000

      Versatile Barndominium-Style Property in Gunter

      Commercial and residential property with flexibility and income potential.
      1404 Mcconnell Road, Gunter, TX 75058
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly half-acre homesite with golf course views in Gunter, TX.
    Where is this residential land & home lot located?
    The property is located at 1201 Eagle Glen Pass Gunter, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Rare, nearly half‑acre golf course lot with wide‑angle views of the Fred Couples signature course.; Located in a quiet cul‑de‑sac with no through‑traffic.; Use the builder of your choice with no mandated start date.
    (469) 688-1713
    We can help!
    Listing Contact
    James Spece
    Real Estate License ID: 0737814
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!