0 Justice Ctr Rd Gainesville, TX 76240
The Huchton Tract presents a unique investment opportunity encompassing approximately 30.51 acres of land situated in Gainesville, Texas. This expansive property is ideally located at the northeast quadrant of Highway 82 and Justice Center Road, offering exceptional visibility and accessibility. Its prime location provides convenient proximity to the North Texas Medical Center, a significant advantage for potential residential development. The property is zoned for both multifamily (MF-1) and single-family (SF-2) development, providing flexibility for a range of project types. This zoning allows for the creation of diverse housing options, catering to a broad spectrum of potential residents. The substantial lot size offers ample space for a large-scale development, potentially including a mix of housing densities and styles. Given its location, zoning, and size, the Huchton Tract represents a compelling opportunity for developers seeking to capitalize on the growing residential market in Gainesville, Texas. The Cooke County location offers access to local amenities and services, further enhancing the appeal of this exceptional land parcel. Detailed site plans and development feasibility studies can be provided upon request. This property is being offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.