Gunter Barndominium-Style Mixed-Use
1404 Mcconnell Road, Gunter, TX 75058
New
Business - Gunter, TX
Type:Business
Property size:
6,800 SFLot size:
2.00 AcresPrice / SF:
$154/SF- Added:
- May 17, 2026
- Days on Market:
- 5
- Last Refresh:
- May 21 at 9:06 pm
Property Features for 1404 Mcconnell Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Parking features
- Garage, RV
- Standard status
- Active
- APN
- 134231
- Size
- 6,800 SF
- Lot size
- 2.00 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 2021
- Flooring type
- Laminate, Wood
- Building materials
- Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent James Spece License #0737814 (469) 688-1713
Listing office James Spece - Realtor Inc. 1846 JC Maples Rd., Gunter, TX (469) 688-1713
Listing date May 17, 2026
MLS# 21046786
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
- 6,800+ sq ft climate‑controlled barndominium built in 2021, offering versatile commercial/residential use.
- Includes 1,063 sq ft 2‑bedroom living space with full amenities, plus break room and finished 2‑car garage.
- Over 3,000 sq ft of open upstairs storage space with potential for expansion or business use.
- Energy‑efficient with spray foam insulation and climate control throughout the entire structure.
- Features a 24 × 50 RV garage with 50‑amp breaker, floor drain, and future sewer stub.
- Situated on 2 acres with no city taxes, providing space, privacy, and flexibility.
Overview
This mixed-use property in Gunter, Texas, presents an opportunity with flexibility and income potential. Constructed four years ago, this barndominium-style property combines modern living with workshop, storage, and garage space under one roof. The climate-controlled building encompasses over 6,800 square feet, including a 1,063-square-foot living space featuring 2 bedrooms, 1.5 bathrooms, a full kitchen, laundry facilities, and a living room. The downstairs area includes a break room with a wet bar, a half bath, a mechanical room, and a finished 2-car garage. Upstairs, an open storage area exceeding 3,000 square feet offers potential for expansion, business use, or additional build-out. The property is designed for function and efficiency, featuring spray foam exterior insulation and fiberglass interior insulation for energy savings and sound reduction. The entire structure is climate controlled, including the workshop, garage, and open storage. The property includes a 24 x 50 RV garage with a 50-amp breaker, floor drain tied into septic, and future sewer stub, plus a portable storage building. A covered patio and fenced yard add comfort and convenience. Situated on 2 acres with no city taxes, this property offers space and flexibility for business or residential use. It is suited for a live-work setup, investment, or specialized commercial space.
Financial Insights
Value Estimation Calculated for Mixed Use
Conservative
$748.0K
NOI $67,320 @ 9.00% cap · cautious / downside scenario
Moderate
$961.7K
NOI $67,320 @ 7.00% cap · market / base-case scenario
Aggressive
$1.35M
NOI $67,320 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Mixed Use
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $18.00 |
| − Vacancy | −$14.7k | −$2.16 |
| EGI | $107.7k | $15.84 |
| − OpEx | −$40.4k | −$5.94 |
| NOI | $67.3k | $9.90 |
6,800 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Use Scenarios
Best Use
Mixed Use
$961.7K
$841.5K – $1.12M
NOI $67,320 @ 7.0% cap · market cap 6.41%
Second Best
Industrial
$506.1K
$442.8K – $590.4K
NOI $35,424 @ 7.0% cap · market cap 3.37%
Theoretical Best
Hotel Hospitality
$3.49M
$3.05M – $4.07M
NOI $244,188 @ 7.0% cap · market cap 23.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Gunter
- County
- Grayson
- State
- Texas
- Longitude
- -96.7144469
- Latitude
- 33.4659151
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Unique mixed-use property with living quarters and expansive workshop space.
Where is this mixed-use property located?
The property is located at 1404 Mcconnell Road Gunter, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 6,800+ sq ft climate‑controlled barndominium built in 2021, offering versatile commercial/residential use.; Includes 1,063 sq ft 2‑bedroom living space with full amenities, plus break room and finished 2‑car garage.; Over 3,000 sq ft of open upstairs storage space with potential for expansion or business use.
