1483 Block Rd Gunter, TX 75058
- Land
- 13.75 lot acres
Current Use by Public Records
- Land
Property Details for 1483 Block Rd
- Lot size
- 13.75 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 13.75-acre property in Gunter, Texas, presents a rare investment opportunity. Located at 1483 Block Rd, Grayson County, zip code 75058 (APN 135186, 135185), this land boasts a desirable Residential/Agriculture zoning designation, offering flexibility for various uses. The asking price is $1,799,995, translating to $130,000 per acre. The property enjoys significant advantages, including full agricultural exemption resulting in no city taxes. Infrastructure is readily available with a 12-inch waterline at the roadside and two electric poles situated on the land itself. Existing improvements include a substantial 2300 square-foot home and two barns, providing immediate utility or potential for renovation/redevelopment. A key feature is the property's southern boundary, which directly abuts the new Sunset Ranch mixed-use development, a project with its own approved Municipal Utility District (MUD). This proximity to a thriving development significantly enhances the property's long-term value and potential for future growth. The property is offered with clear ownership. This unique combination of land size, zoning, existing structures, and strategic location makes this Gunter ranch a compelling investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gunter
- County
- Grayson
- State
- Texas
- Longitude
- -96.7332
- Latitude
- 33.416