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$ 890,000
Est. payment /mo
Active
TBD Schumacher Road Gunter, TX 75058
10 Acres Lot
UPDATED:
09/24/2024 04:52 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20625804
HOA Y/N None
Annual Tax Amount $29
Lot Size 10.000 Acres
Acres 10.0
Property Description
Great investment potential. Located in the path of growth and on the corner of McDonald Rd. and Schumacher Rd. McDonald Rd. showing as a future Dallas North Tollway path on the thoroughfare plan maps. Prime property right in the heart of Grayson County's growth explosion. Property now has an ag exemption with a year to year surface lease. Buyer may apply to continue an agricultural use before development if desired. A great investment opportunity for multiple types of development, including commercial, residential or industrial uses. Grayson County and City of Gunter should be consulted for any development plans. About 20 miles to Texas Instruments, GlobiTech, Sherman's Progress Park, planned Margaritaville Resort, luxury homes on Lake Texoma and to the South, Frisco's North Platinum Corridor.
Location
State TX
County Grayson
Zoning AG
Direction From FM 121 in Gunter: W on FM 121, N on Wall Street Rd, W on McDonald (turns North), property on the NE corner of McDonald Rd and Schumacher Rd.
Exterior
Utilities Available Other
Garage No
Building
Lot Description Acreage, Other
Schools
Elementary Schools Gunter
Middle Schools Gunter
High Schools Gunter
School District Gunter Isd
Others
Restrictions Agricultural
Ownership See agent
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Listed by Indu Mandadi • Fair Deal Realty