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Shovel-Ready Corner Home Lot
For Sale
$59,000

701 Fair Avenue, Gainesville, TX 76240

In-town corner lot with installed water and sewer taps, ready for a builder to develop.

Property Size9,365 SF
Price / SF$6.30
Days on Market345

Property Features for 701 Fair Avenue

General Information

Standard status Active
Size 9,365 SF
Property subtype Lots & Acreage / Improved Land

Amenities

No
Listing Agency: White Rock Realty
Listed By: Samuel Smithers · License #0750534
Source: Compass
Added: Nov 7, 2025 Changed: Oct 13 Last Checked: Oct 16 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of White Rock Realty

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Investment Insights

Based on property information with market context.

This shovel-ready corner lot offers a practical foundation for new construction, with water and sewer taps already installed. The site is sized as in-town land and is positioned to support a builder’s plans for a custom home or other residential development concept.

The property is located in Gainesville, Texas, near Edison Park and Highway 82, providing convenient access to nearby shopping, dining, and retail while maintaining a quieter setting. The buyer and buyer’s agent are responsible for verifying all information.

Development readiness is a key feature here: the installed water and sewer taps can help reduce early site-start barriers for qualified builders.

Key Highlights

  • 0.215‑acre in‑town corner lot
  • Shovel‑ready water and sewer taps have been installed
  • Located near Edison Park and Highway 82

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Storage Facility Parking Lot & Garage Electrical Service

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

457
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - In-town corner lot with installed water and sewer taps, ready for a builder to develop.
Where is this residential land & home lot located?
The property is located at 701 Fair Avenue Gainesville, TX.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: 0.215‑acre in‑town corner lot; Shovel‑ready water and sewer taps have been installed; Located near Edison Park and Highway 82
More about this property
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