Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land at Major Corner Title is generated by Realmo AI

    101 Block Road, Gunter, TX 75058

    View on Map
    Claim this Listing
    For Sale
    $250,000

    LAND - Gunter, TX

    Lot size:
    1.82 Acres
    Added:
    Feb 13, 2026
    Days on Market:
    110
    Last Refresh:
    Jun 3 at 4:06 am

    Property Features for 101 Block Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    439517
    Lot size
    1.82 Acres

    Taxes and HOA fees

    Tax Description
    MAYTREE ESTATES, LOT 5, ACRES 1.82
    Tax Annual Amount
    4271

    We can help!

    Listing Contact
    Logan Call

    Listing agent Logan Call License #0837107

    Listing office Franklin Land Company Mckinney, TX

    Listing date Feb 13, 2026

    MLS# 21170203 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.

    HighLights

    • 1.84‑acre commercial tract at the corner of FM 121 and Block Road in Gunter, TX
    • Zoned City of Gunter C‑1 (Attached PD), allowing a range of neighborhood and general commercial uses
    • Utilities: water service by Mustang SUD with a water line at the frontage
    • Sanitary sewer not currently available onsite, which may require longer‑term planning
    • Site is positioned along the proposed FM 121 Gunter Relief Route with future TxDOT right‑of‑way acquisition anticipated

    Overview

    This offering is an approximately 1.8-acre commercial tract positioned at the corner of FM 121 and Block Road in Gunter, Texas. The property is zoned City of Gunter C-1 (Attached PD), supporting a range of neighborhood and general commercial uses. Utilities include water service provided by Mustang SUD with a water line located at the frontage. Sanitary sewer is not currently available onsite, which is an important planning consideration for development timing and site design.

    The site is situated along the proposed FM 121 Gunter Relief Route, with a future TxDOT right-of-way acquisition anticipated. For an investor with a long-term hold strategy, that future improvement activity may create additional value dynamics to consider. Water is already accessible at the property line, which can help reduce early development friction relative to sites without existing utility frontage.

    As a result, this land is best suited for buyers evaluating commercial development or long-range repositioning where zoning flexibility and accessible water matter. The absence of onsite sanitary sewer makes it particularly important for investors and developers to plan for how and when sewer service could be brought to the site during entitlement, engineering, and construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Garden Center Discount Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.734534
    Latitude
    33.42807

    Nearby Similar for Sale

    • $468,000
      2,554 SF

      Full Duplex Income Property

      2021 brick duplex with two identical three-bedroom, two-bath units, offering strong owner-occupant or investment flexibility.
      516-518 Wood Drive, 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
    • $2,780,000
      2,179 SF

      Gunter, TX Prime Property

      40 acres near Grayson County Tollway with development potential.
      1273 Wall Street Road, Gunter, TX 75058
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner commercial tract zoned for C-1 uses with water at frontage, offering development upside in a growth corridor.
    Where is this commercial land located?
    The property is located at 101 Block Road Gunter, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1.84‑acre commercial tract at the corner of FM 121 and Block Road in Gunter, TX; Zoned City of Gunter C‑1 (Attached PD), allowing a range of neighborhood and general commercial uses; Utilities: water service by Mustang SUD with a water line at the frontage
    (214) 973-5448
    We can help!
    Listing Contact
    Logan Call
    Real Estate License ID: 0837107
    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

    Thank You for Inquiry
    101 Block Road, Gunter, TX 75058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!