$2,200,000

Description

11 acres with commercial potential on Preston Road with approximately 740 feet of frontage on Hwy 289 , Preston Rd and approximately 700 feet of frontage on Reed Road. 11 acres of limitless possibilities, potential for commercial, Residential or a Multifamily community development. Located in one of the fastest growing corridors in the state of Texas, small pond, creek, hardwood trees and a hard corner on 289. Water available, 8 inch water line on north west side of Reed Rd and 289, confirmed thru Maverick Utilities, will require under Reed bore. Take a drive a few minutes north of the middle of Gunter, this property is located inside the city limits. Seller is Licensed Real Estate Agent. NOTE: BUYER IS RESPONSIBLE FOR CONFIRMING ALL DETAILS RELATED TO ZONING, ROAD EXTENSIONS, USAGE, UTILITIES, EASEMENTS, FLOOD PLAIN, ETC.

  • Property Details
      • Lot description:Acreage, Corner Lot, Many Trees, Undivided
      • Acres:11.0000
      • Property type:Purchase
      • Utility features:Asphalt, City Water, Electricity Available, Sewer Not Available
      • Subdivision:Jackson Coleman Indust Sub
      • School district:Gunter ISD
      • Elementary School:Gunter
      • County:Grayson
      • MLS #:20186906
      • Cost:2200000
      • Property subtype:Unimproved Land
      • MLS #:20186906

Location

Tish FerryReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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