Listing Agency: Ebby Halliday, Realtors d***@ebby.com Show Phone

Listed By: David Gloria · License #0408427 Show Phone

Source: Northerncrain

Added: Oct 8, 2025 Changed: Aug 25 Last Checked: Aug 31 at 12:35PM

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Investment Insights

Based on property information with market context.

This property features 194 acres of land located just outside of Gainesville city limits. The site is currently ag exempt and presents good development potential. Situated a few minutes from Gainesville, the property is positioned in an area experiencing growth, typical of North Texas. Major employers in the vicinity include WinStar World Casino and Resort, Safran Seats US, PPG Industries, Dura-Line, Trident Process Systems, and GAF.

Key Highlights

• 194 acres of land near Gainesville
• Good development potential
• Ideal 1031 exchange candidate

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Restaurant Hair Salon Spa & Massage Center HVAC Service Nail Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 76240, TX

28,349

Population

12,412

Households

2.3

Avg Household Size

39

Median Age

24%

College-Educated

87%

High-School Grad

369.4 sq mi

ZIP Area

77

Density / Sq Mi

$67,056

Median Household Income

$40,167

Median Earnings

$1,105

Median Rent

$207,600

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 194 acres of land with development potential near Gainesville.

Where is this land located?

The property is located at 1131 Old Denton Road Gainesville, TX.

What is the asking price?

The asking price for this property is $5,800,000.

What are key features of this property?

This property features: 194 acres of land near Gainesville; Good development potential; Ideal 1031 exchange candidate