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111 E Main Street

Gunter, Texas 75058
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Acres1.70

Acres(Lot)

Over one acre ideally located just off the intersection of FM 121 and Preston Road in the rapidly growing community of Gunter. This highly visible and easily accessible tract offers excellent potential for a variety of commercial uses. Previously utilized for residential purposes, the property is now zoned commercial by the City of Gunter. Recent improvements, including new windows (2018), a new HVAC system (2024), and an updated bathroom (2021), enhance the functionality of the existing structure, making it well-suited for a business, retail, office, or investment opportunity. All utilities are already in place, allowing for a smoother development process and making the property truly ready for your vision. Its strategic location near a major intersection provides strong traffic exposure while still offering convenient access to surrounding communities and continued growth along the Preston Road corridor. Whether you are looking to establish a new business location, expand your current operations, or secure a valuable land investment in a high-growth area, this property presents a rare opportunity in one of North Texas’ most desirable and expanding markets. An additional approximately 7 acres of land is available to the east.

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Detail Ic Property Details

Property Type : Land

Price : $350,000

AD Id : 76123016

MLS Id : 553863344

Lot Size : 1.70 Acres(Lot)

County : Grayson

Subdivision: Otp Gunter

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Feature Features

  • Utilities

    Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected

  • Building Information

    Built Year: 1950

  • Lot Information

    Lot Size (Acr): 1.6990 Lot Size Units: Acres Lot Size Square Feet: 74,008 Lot Features: Interior Lot
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: Otp Gunter City: Gunter State: Texas Directions: GPS Address Property Status: Active Property Age: 76

  • Listing Price Information

    Original List Price: $350,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 151957 Tax Legal Description: OTP GUNTER, LOT PT 83 84 & 85, ACRES 1.699 Unexempt Taxes: $7,146

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Gunter Middle School: Gunter High School: Gunter School District: Gunter ISD
  • Utility Information

    Utilities: Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3182 Lovers Leap Lane, Gunter, TX, 75058 $4,423,900 -- -- -- 53.30 Acres(Lot)
747 Vineyard Road, Gunter, TX, 75058 $899,999 -- -- -- 13.76 Acres(Lot)
217 Avery Lane, Gunter, TX, 75058 $324,900 -- -- -- 1.00 Acre(Lot)
505 Paxton Road, Gunter, TX, 75058 $174,900 -- -- -- 1.19 Acres(Lot)
562 Lazy S Ranch Road, Gunter, TX, 75058 $6,039,000 -- -- -- 61 Acres(Lot)
102 Red Maple Road, Gunter, TX, 75058 $850,000 -- -- -- 10.29 Acres(Lot)
2196 Bledsoe Road, Gunter, TX, 75058 $1,895,000 2 3 1,745 12 Acres(Lot)
104 Green Meadow Court, Gunter, TX, 75058 $350,000 -- -- -- 2 Acres(Lot)
LOT 23 Cypress Point Dr.., Gunter, TX, 75058 $285,000 -- -- -- 1.34 Acres(Lot)
688 Harris Road, Gunter, TX, 75058 $1,150,000 -- -- -- 11 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/07/2026 @ 17:28

MLS: 553863344 LISTED BY: Coryann Johnson, Texas Homes and Land 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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