O'Neil Street Gainesville, TX 76240

Listing agent Jordan Cortez License #0494942 Show Phone

Listing office Vanguard Real Estsate Advisors Dallas, TX Show Phone

Listing date Jun 30, 2026

Report an issue

MLS# 21195602 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.

---

Investment Insights

Based on property information with market context.

This property features approximately 89.46 acres of land situated along Shipley Street, O'Neal Street, and Wheeler Creek Drive in Gainesville, Texas. Zoned SF-2, the site permits single-family development with a minimum lot width of 75 feet. A concept plan exists to rezone the site to accommodate 294 single-family lots at 50 feet each. The location is less than 500 feet south of US Highway 82 and approximately two miles east of I-35. This property presents an opportunity to acquire land in the growing City of Gainesville.

Key Highlights

• Approximately 89.46 acres of land suitable for development
• Zoned SF‑2 for single‑family development with a minimum lot width of 75 feet
• Concept plan available for rezone to 294, 50’ single family lots

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $520,000

  3,180 SF

  Tenant-Occupied Duplex Investment

  Tenant-occupied duplex with two units, each featuring 3 bedrooms and 2.5 baths.

  1213 Mill Street, Gainesville, TX 76240

  View Details
• 

  $1,999,900

  Commercial Land with Highway Frontage

  C-2 zoned commercial tract off an I-35 service road, with horse facilities and a pond for interim use.

  3511 S Interstate 35, Gainesville, TX 76240

  View Details
• 

  $679,000

  Four-Unit Retail and Office Building

  Four-unit downtown Gainesville building with visibility from California St, offered for retail or office use.

  710 E California Street, Gainesville, TX 76240

  View Details
• 

  $335,000

  Three-Suite Office Building

  Three office suites each include private bathrooms, with Suite A vacant and updated with new LVP flooring and fresh paint.

  1700 Weaver, Gainesville, TX 76240

  View Details
• 

  $749,500

  Waterfront Land with Private Dock

  Gated double waterfront lot on Moss Lake with shoreline, outdoor gathering areas, and a private dock and boathouse.

  41B White Oak, Gainesville, TX 76240

  View Details
• 

  $140,000

  High-Visibility Commercial Land Site

  Commercial-zoned site on the I-35 service road with strong exposure and flexible redevelopment options.

  720 Mccrary Street, Gainesville, TX 76240

  View Details
• 

  $975,000

  Waterfront Residential Land with Dock

  Residentially zoned lakefront lot in Lake Kiowa featuring a boat dock with lifts for immediate lake access.

  134 Blackfoot Trail, Gainesville, TX 76240

  View Details
• 

  $2,869,000

  Ag-Exempt Hunting and Ranch Land

  Ag-exempt land outside Gainesville with substantial FM 3496 frontage for ranching, homesteads, and recreational use.

  Fm 3496, Gainesville, TX 76240

  View Details
• 

  $274,500

  Commercial Development Land Lot

  An acre-plus commercial lot with major highway access, offering development space and parking potential for industrial or retail uses.

  TBD 1 Fm 1306, Gainesville, TX 76240

  View Details
• 

  $3,500,000

  Commercial Land with Dual Road Frontage

  A large, city-limits tract with major roadway frontage and utilities available on-site for commercial or mixed-use development.

  FM 678, Gainesville, TX 76240

  View Details
• 

  $649,000

  Cooke County Acreage on Highway

  9.93 acres in Cooke County with frontage on Highway 82.

  8646 S Highway 82, Gainesville, TX 76240

  View Details
• 

  $799,000

  Gainesville Land For Sale

  8.04 acre commercial land available in Gainesville, Texas.

  1601 Cherry Street, Gainesville, TX 76240

  View Details

FAQs

What type of property is this?

Residential land & home lot - 89.46 acres suitable for single-family development in Gainesville, Texas.

Where is this residential land & home lot located?

The property is located at O'Neil Street Gainesville, TX.

What is the asking price?

The asking price for this property is $2,639,070.

What are key features of this property?

This property features: Approximately 89.46 acres of land suitable for development; Zoned SF‑2 for single‑family development with a minimum lot width of 75 feet; Concept plan available for rezone to 294, 50’ single family lots