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In-Town Development Lot with Shop
For Sale
$62,000

703 Fair Avenue, Gainesville, TX 76240

LAND - Gainesville, TX

Property SizeContact for details
Lot Size0.22 Acres
Days on Market126

Property Features for 703 Fair Avenue

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Cleared
Subdivision RISING GLENN ADDN
Lot features Cleared, Few Trees, City Lot
Elementary school Edison
High school Gainesvill
Elementary school district Gainesville ISD
Middle school district Gainesville ISD
High school district Gainesville ISD
Directions GPS Friendly. 3 lots are located at the corner of Fair Ave & Belcher Ave. See Documents for plat map.
Standard status Active
APN 370290
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description RISING GLENN ADDN; 2692; BLOCK A; LOT 3; 0.215
Legal Description RISING GLENN ADDN; 2692; BLOCK A; LOT 3; 0.215

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: White Rock Realty
Listed By: Samuel Smithers · License #0750534
Added: Apr 29 Changed: Aug 1 Last Checked: Sep 1 at 11:06AM
MLS# 21250593

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.

Investment Insights

Based on property information with market context.

This for-sale in-town lot is shovel ready, with water and sewer taps already installed, giving you a strong start for your next project. The property sits on 0.215 acres and includes a large shop/outbuilding, providing immediate utility for storage or workspace while you plan your build.

Located in Gainesville, Texas, the site is positioned near Edison Park and Highway 82, offering convenient access to shopping, dining, and retail while still providing a quieter setting. It’s described as being just minutes from local amenities, with a less-than-10-minute drive to Winstar Casino.

The existing outbuilding and installed utilities make this an appealing option for buyers looking to build a custom home on a straightforward, ready-to-develop parcel. It may also fit investors interested in acquiring in-town land with infrastructure in place, with the ability to create additional value through a future development plan. Buyer and buyer’s agent should verify all information.

Key Highlights

  • 0.215‑acre in‑town lot with public water and public sewer connections
  • Water and sewer taps have been installed
  • Large shop outbuilding already present on the property

Property Analytics

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.

Lease Details

Yes
Highway access
Yes
Utilities to site

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready lot with water and sewer taps and an existing shop outbuilding for flexible residential or investment builds.
Where is this residential land & home lot located?
The property is located at 703 Fair Avenue Gainesville, TX.
What is the asking price?
The asking price for this property is $62,000.
What are key features of this property?
This property features: 0.215‑acre in‑town lot with public water and public sewer connections; Water and sewer taps have been installed; Large shop outbuilding already present on the property
More about this property
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