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Property profile & analytics
OFF-MARKET
Land

0 Fm 121 Tioga, TX 76271

123.45 ac lot
Property ID
Property summary
AI-generated overview

This expansive 123.45-acre ranch in Gunter, Texas, presents a unique investment opportunity. Located on FM 121, this property boasts over 1500 feet of road frontage, offering significant visibility and accessibility. The land is situated in Grayson County and falls within the Gunter Independent School District, encompassing elementary, middle, and high schools. The property's strategic location is highlighted by its position along a recommended preferred alignment route, as indicated on multiple alignment maps (maps available upon request). The property's parcel number is 134701. This substantial acreage is currently listed at $14,800,000. The seller is open to dividing the land, with pricing adjusted based on the size and location of the individual lots. This flexibility allows for a range of development scenarios, catering to diverse investment strategies and project scales. Detailed surveys and further information are available to qualified buyers. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Texas. Contact us today to explore the potential of this exceptional property.

Property profile
Verified
Property type Land
Lot 123.45 ac (5,377,482 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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