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    289 Tbd Hwy Gunter, TX 75058

    For Sale
    $2,200,000

    Unimproved Land - Gunter, TX

    Type:Unimproved Land
    Lot size:
    11.00 Acres
    Days on Market:
    505
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 289 Tbd Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    214082
    Lot size
    11.00 Acres

    Building Details

    Architectural style
    Other

    Vincent Realty Group (903) 870-8528

    Listing agent Sara Jerome (903) 870-8528 License #0630971

    Listing date Jul 29, 2024

    MLS# 20186906 Listing URL

    Copyright © 2025 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

    Gunter, TX: 11 Acres Land

    This 11-acre property in Gunter, Texas, offers limitless possibilities for commercial, residential, or multifamily community development. Situated in one of the fastest-growing corridors in Texas, the land features a small pond, creek, hardwood trees, and a hard corner on Highway 289 (Preston Road). It has approximately 740 feet of frontage on Highway 289 and approximately 700 feet of frontage on Reed Road. Water is available, with an 8-inch water line on the northwest side of Reed Road and Highway 289, confirmed through Maverick Utilities, which will require an under-Reed bore. Located inside the city limits, the property is a short drive north of the middle of Gunter. Intended use of the property includes commercial, residential, or multifamily development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.73886247
    Latitude
    33.47668002

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    FAQs

    What type of property is this?
    Commercial land - 11 acres with commercial, residential, or multifamily development potential.
    Where is this commercial land located?
    The property is located at 289 Tbd Hwy Gunter, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - 11 acres with commercial potential on Preston Road (Hwy 289) in a fast-growing corridor.; - **Approximately 740 feet of frontage on Hwy 289 (Preston Rd) and approximately 700 feet of frontage on Reed Road.**; - Located inside city limits of Gunter, Texas.
    (903) 870-8528
    Request Owner's contact information
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    Gunter, TX 75058
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    Realmo Value Estimation

    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

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    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.

    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
    289 Tbd Hwy Gunter, TX 75058
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