1483 Block Rd Gunter, TX 75058
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.
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.