2485 Preston Rd Gunter, TX 75058
This exceptional 3.707-acre property in Gunter, Texas, presents a unique investment opportunity. The land boasts a 2,726 square foot, three-bedroom, 2.5-bathroom residence featuring an open-concept layout and a spacious kitchen. The home is ideal for immediate occupancy or as an on-site office. The expansive grounds offer significant potential for commercial or retail development, given its location and size. Outdoor amenities include one 50-amp and two 30-amp RV hookups, providing ample space for recreational vehicles or additional development. Significant outbuildings enhance the property's versatility. A substantial 30x50 foot barn includes finished stalls and a wash rack, perfect for equestrian use or storage. Two additional 15x25 foot structures, one a workshop and the other covered storage, provide further utility. The property is located at 2485 Preston Rd, Gunter, TX 75058, in Grayson County. The asking price is $1,100,000, translating to a land value of $403.52 per square foot. This property offers a blend of residential comfort and significant commercial potential, making it an attractive investment in a desirable location. The combination of existing structures and ample land provides flexibility for a variety of uses, from retail to office space, while maintaining the charm of country living.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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