25313 Fm 121 Gunter, TX 75058
- Commercial real estate
- 5.00 lot acres
Current Use by Public Records
- Texas House Of Power / Car Racing Track
Property Details for 25313 Fm 121
- Lot size
- 5.00 lot acres
- Property type
- Commercial real estate
- APN
- 134705
Description
This exceptional 5-acre agricultural property, located at 25313 FM 121 in Gunter, Grayson County, Texas (zip code 75058), presents a unique investment opportunity. Priced at $1,300,000, the land boasts a prime location at the intersection of the future Dallas North Tollway (DNT) and FM 121, strategically situated between Gunter and Tioga. A significant advantage is the seller's already-secured letter of intent for a new DNT entrance directly onto the property, via the outer road, impacting the front triangle of the lot. The property itself includes a 40 x 60 foot shop, complete with water and electricity hookups, adding immediate utility and potential rental income. Approximately half of the lot features a fresh rock surface. The property's versatility allows for various uses, including potential RV or boat storage, generating additional revenue streams. Built in 2000, this single-story property (Parcel Number 134705) offers a blend of agricultural land and developed infrastructure, making it an attractive investment for both long-term growth and immediate income potential. The property's location and planned DNT access promise significant future appreciation.
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
- -96.8120249
- Latitude
- 33.4590425
