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.
Lot/land
Price cut: $20K (6/24)
$330,000
111 E Main St, Gunter, TX 75058
--beds
--baths
1.7Acres
Improved Land
Built in 1950
1.7 Acres Lot
$268,900 Zestimate®
$--/sqft
$-- HOA
What's special
Over one acre
- 115 days |
- 219 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Coryann Johnson 0450333 214-908-5468,
Texas Homes and Land 214-908-5468
Source: NTREIS,MLS#: 21204986
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1.7 Acres
- Features: Interior Lot, City Lot
Details
- Parcel number: 151957
- Zoning description: commercial
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Otp Gunter
HOA
- Has HOA: No
Location
- Region: Gunter
Financial & listing details
- Tax assessed value: $330,221
- Annual tax amount: $7,146
- Date on market: 3/13/2026
- Cumulative days on market: 116 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$268,900
$223,000 - $315,000
$1,349/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $330,000-5.7% |
Source: NTREIS #21204986 Report a problem | ||
| 3/13/2026 | Listed for sale | $350,000 |
Source: NTREIS #21204986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,146 +11.5% | $330,221 +13.4% |
| 2024 | $6,406 -3.5% | $291,266 -4.3% |
| 2023 | $6,641 -4.9% | $304,246 +3.6% |
| 2022 | $6,983 +75.1% | $293,642 +64.9% |
| 2021 | $3,989 | $178,093 +19.6% |
| 2020 | -- | $148,930 +6% |
| 2019 | $3,823 | $140,460 +29% |
| 2018 | -- | $108,888 +56.9% |
| 2017 | -- | $69,388 +6% |
| 2016 | -- | $65,437 -1.4% |
| 2015 | -- | $66,339 +2.4% |
| 2014 | -- | $64,802 -4.8% |
| 2013 | -- | $68,098 +1% |
| 2012 | -- | $67,403 -0.1% |
| 2011 | -- | $67,445 -2.6% |
| 2010 | -- | $69,234 -6.6% |
| 2009 | -- | $74,119 0% |
| 2008 | -- | $74,135 +21.1% |
| 2005 | -- | $61,205 |
| 2004 | -- | $61,205 +65.7% |
| 2002 | -- | $36,936 +9% |
| 2001 | -- | $33,881 +18.3% |
| 2000 | -- | $28,652 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75058
Nearby schools
GreatSchools rating
- 9/10Gunter Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 6/10Gunter Middle SchoolGrades: 5-8Distance: 0.8 mi
- 8/10Gunter High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Gunter
- Middle: Gunter
- High: Gunter
- District: Gunter ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Grayson County
- Gunter
- 75058
- 111 E Main St



