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    261 Vickie Ln Gunter, TX 75058

    Sponsored
    For Sale
    $1,575,000

    Prime Gunter land, secluded, fully fenced.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12.88-acre property presents an unparalleled opportunity in the thriving town of Gunter, Texas. Located at 261 Vickie Ln, 75058, this land boasts a tranquil setting with a private pond, offering both seclusion and convenience. Currently enjoying an agricultural exemption, this property is unrestricted, providing flexibility for future development. The land is fully fenced and conveniently situated near Preston Road and the DNT Extension, ensuring easy access to major roadways. Utilities are readily available for connection. The listed acreage encompasses approximately 12.88 acres, specifically Grimes John A-G0455. While this listing focuses on the 12.88 acres, it's important to note that an additional 10 acres are available for purchase separately, including a custom home, a 50x60 five-stall barn, a 30x50 shop with an apartment, and a brand-new 40x30 shop with a carport. The property is currently zoned outside of Gunter city limits. The asking price for this remarkable 12.88-acre parcel is $1,575,000, translating to $122,282 per acre. This represents a significant investment opportunity in a rapidly growing area. Don't miss this chance to own a piece of Gunter's future.

    Property Features for 261 Vickie Ln

    General Information

    Property type
    Land
    Lot Size
    561,053 SF

    HighLights

    • $1,575,000 asking price for 12.88 acres of land in Gunter, Texas.
    • Residential land zoned outside Gunter city limits, near Preston Rd and the DNT Extension.
    • Property features a pond and is fully fenced. Currently ag exempt with no restrictions.
    • Utilities available.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Building Supply Gym & Fitness Storage Facility Garden Center Bakery Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.7480115
    Latitude
    33.4127855

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    FAQs

    What type of property is this?
    Land - Prime Gunter land, secluded, fully fenced.
    Where is this land located?
    The property is located at 261 Vickie Ln Gunter, TX.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: $1,575,000 asking price for 12.88 acres of land in Gunter, Texas.; Residential land zoned outside Gunter city limits, near Preston Rd and the DNT Extension.; Property features a pond and is fully fenced. Currently ag exempt with no restrictions.
    Request Owner's contact information
    261 Vickie Ln Gunter, TX 75058
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    Gunter, TX 75058
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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
    261 Vickie Ln Gunter, TX 75058
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