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    1131 Old Denton Rd Gainesville, TX 76240

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    For Sale
    $5,800,000

    194 acres of land with development potential near Gainesville.

    Lot size:
    193.85 Acres

    Property Features for 1131 Old Denton Rd

    General Information

    Lot size
    193.85 Acres

    Source: Ebby Halliday, Realtors Agent David Gloria

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    194 Acres Near Gainesville

    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.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness HVAC Service Garden Center Computer & Electronic Repair Tech Support Center Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.133956
    Latitude
    33.602217

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    FAQs

    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 Rd 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
    Request Owner's contact information
    1131 Old Denton Rd Gainesville, TX 76240
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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

    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.

    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
    1131 Old Denton Rd Gainesville, TX 76240
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