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Corner Commercial Development Land

HWY 289 Gunter, TX 75058

HWY 289, Gunter, TX, 75058
$1,500,000
For Sale
Claim this Listing
$1,500,000

LAND - Gunter, TX

Lot Size11.00 Acres
AddedJul 7
Days on Market8
Last RefreshJul 14 at 9:06 pm

Property Features for HWY 289

General Information

Property type
Land
Property subtype
Other
Vegetation
Wooded
Standard status
Active
APN
214082
Lot size
11.00 Acres

Taxes and HOA fees

Tax Description
G-0966 PERRY D A-G0966, ACRES 8.08
Tax Annual Amount
8

Utilities

Water source
Public

Listing agent Sara Jerome License #0630971

Listing office Vincent Realty Group Tom Bean, TX

Listing date Jul 7, 2026

MLS# 20186906 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 11-acre development tract offers a hard corner on Highway 289 with a small pond and creek, along with hardwood tree coverage. The parcel includes approximately 740 feet of frontage on Preston Road/Highway 289 and approximately 700 feet of frontage on Reed Road, providing multiple access points for future site planning. Water service is available, including an 8-inch water line on the northwest side of Reed Road and Highway 289, confirmed through Maverick Utilities, with connection requiring an under-Reed bore.

The property is located inside the city limits and is positioned a short drive north of the middle of Gunter. Buyers will want to review the specific roadway and utility conditions, since the seller notes that development planning will require confirmation of zoning, road extensions, intended usage, easements, and flood plain considerations.

For tenants, developers, and investors, the site’s combination of corner location, meaningful frontage on two roads, and on-site natural features supports a range of potential uses, including commercial development and residential or multifamily community planning. Given the variety of possible development outcomes, prospective buyers should conduct their own due diligence on governing restrictions and utility/easement requirements.

Key Highlights

  • 11‑acre development tract with commercial potential on Preston Rd (Hwy 289/Preston Rd) with approx. 740 ft of frontage
  • Additional access/frontage on Reed Rd with approx. 700 ft frontage at a hard corner on Hwy 289
  • Inside the city limits; located a few minutes north of the middle of Gunter

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 11-acre tract with substantial road frontage, a small pond and creek, and in-city limits for flexible commercial or residential development.
Where is this commercial land located?
The property is located at HWY 289 Gunter, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 11‑acre development tract with commercial potential on Preston Rd (Hwy 289/Preston Rd) with approx. 740 ft of frontage; Additional access/frontage on Reed Rd with approx. 700 ft frontage at a hard corner on Hwy 289; Inside the city limits; located a few minutes north of the middle of Gunter
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