TBD Schumacher Road, Gunter, Texas 75058

$890,000
List Price
$890,000
MLS#
20625804
Status
ACTIVE
Type
Land
County
Grayson
City
Gunter
Subdivision
NONE
Development
Other

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.

Additional Information

Unexempt Taxes
$29
HOA
No HOA
Lot Size
435,600
Acres
10
Lot Description
Acreage, Other
Subdivided
No
Street Utilities
Other
School District
Gunter Isd
Elementary School
Gunter
Middle School
Gunter
High School
Gunter
Possession
Other
Zoning
AG
Possession
Other
Ag Exemption
Yes
Restrictions
Agricultural
Easements
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Indu Mandadi from Fair Deal Realty. Contact: 972-798-2110