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Property profile & analytics
OFF-MARKET
Land

0 Sec Bledsoe Rd & Jc Mapes Rd Gunter, TX 75058

21.67 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 21.67-acre residential land parcel in Gunter, Texas, Grayson County, located at the southeast intersection of Bledsoe Road and JC Mapes Road (zip code 75058). This prime property offers the potential for development into either 18 or 36 single-family residential lots. A 12-inch water line runs conveniently along JC Mapes Road, providing essential infrastructure for future construction. Gunter's strategic location, just 12 miles southwest of Sherman and 8 miles north of Celina, off State Highway 289 (Preston Road), makes it highly attractive. The town boasts impressive growth, with a 50% population increase and a 59% rise in households since 2010, indicating a strong and expanding market. Further enhancing the area's appeal is The Bridges Golf Club, an 18-hole course designed by renowned golf architects Jeff Brauer and Fred Couples. The projected average household income for 2027 is a substantial $122,163, signifying a high-demand market for residential properties. This presents a compelling opportunity for developers seeking to capitalize on Gunter's robust growth and desirable lifestyle. The property's size and location offer significant potential for a lucrative residential development project.

Property profile
Verified
Property type Land
Lot 21.67 ac (943,945 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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