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Grayson, US
1.84-acre commercial tract located at the corner of FM 121 and Block Road in Gunter, TX—one of North Texas’ fastest-growing communities. The property is zoned City of Gunter C-1 (Attached PD), allowing for a range of neighborhood and general commercial uses.
The site is positioned along the proposed FM 121 Gunter Relief Route, with a future TxDOT right-of-way acquisition anticipated. Preliminary estimates indicate a potential ROW acquisition value in the $400,000–$500,000 range, offering meaningful upside for an investor with a long-term hold strategy.
Utilities include water service provided by Mustang SUD with a water line at the frontage. Sanitary sewer is not currently available onsite, which is reflected in the pricing and presents a longer-term planning consideration.
Offered at $250,000, this property represents a compelling infrastructure-driven investment opportunity in the path of growth.
Courtesy Of: Franklin Land Company
Public Schools
- School District:
- Gunter ISD
- Elementary School:
- Gunter
- Middle School:
- Gunter
- High School:
- Gunter
Exterior Features and Amenities
- Lot Features:
- Acreage
- Lot Size:
- 1 to < 3 Acres
- Lot Size Area:
- 1.8200
- Lot Size Units:
- Acres
- Subdivision Name:
- Maytree Estates
Utility Information
- Utilities:
- Asphalt,Co-op Water,Sewer Not Available,Other
Financial
- Tax Legal Description:
- MAYTREE ESTATES, LOT 5, ACRES 1.82
- Unexempt Taxes:
- $4,271.00
Other Features
- Easements:
- Water Lines
- Parcel Number:
- 439517
- Possession:
- Negotiable
- Restrictions:
- Development
- Special Notes:
- Aerial Photo
- Will Subdivide:
- No
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Data last updated: 2026-02-07.
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