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Grayson, US
Offering owner financing with 50% down and 3-year balloon at below market interest rate. Many possible uses! May continue to be residential with room to spread out and great place for kids to explore, ride ATVs, etc. Property is very scenic with deer sightings, rabbits, armadillos and more. House needs to be updated but has newer roof and original hardwood floors, and could also be used for Commercial office. 7.26 Acres in city limits of Gunter, great development or investment property near Preston Rd and part of Downtown Master Plan! Taxes paid by seller last year were $6600. Please note that property goes well beyond the creek to the south boundary. City water and sewer!! Small yellow building to the east of home is part of property and currently used for storage. ADDITIONAL LAND AVAILABLE! Gunter is poised for growth with its location just north of Prosper & Celina and south of Sherman as well as its proximity to future extension of the Dallas North Tollway. HEB, Costco, Walmart, and Lowe's in Celina 10 minutes away. So much development all around the area!
Agent is married to owner.
Courtesy Of: SocialLivingRealEstateBoutique
Public Schools
- School District:
- Gunter ISD
- Elementary School:
- Gunter
- Middle School:
- Gunter
- High School:
- Gunter
Interior Features
- Frontage Feet:
- 237
- Heating:
- Central,Natural Gas,Space Heater
Exterior Features and Amenities
- Exterior Features:
- Covered Deck,Rain Gutters,Private Yard
- Subdivision Name:
- Otp Gunter
- Lot Size Units:
- Acres
- Lot Size Source:
- Assessor
- Lot Size Area:
- 7.2600
- Lot Size:
- 5 to < 10 Acres
- Lot Features:
- Acreage,Interior Lot,Many Trees,Need Fill,Tank/ Pond,Varied
- Fencing:
- Back Yard,Chain Link,Gate,Perimeter
Utility Information
- Utilities:
- All Weather Road,Cable Available,City Sewer,City Water,Concrete,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Overhead Utilities,Phone Available,Sewer Available
Financial
- Tax Legal Description:
- OTP GUNTER, BLOCK PT 83, 84, 85, ACRES 7.26
Other Features
- Parcel Number:
- 151959
- Possession:
- 30-60 Days,Negotiable
- Restrictions:
- Development
- Special Notes:
- Aerial Photo,Agent Related to Owner,Flood Plain,Owner/ Agent
- Easements:
- Utilities
- Will Subdivide:
- No
Directions
On FM 121 (Main St) just east of Preston Rd (Hwy 289) on south side, sign in yard. Address on lamp post.

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Data last updated: 2026-10-19.
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