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$1,000,000
Est. payment /mo
10 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21289930
HOA Y/N None
Annual Tax Amount $25
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Unimproved Land
Property Description
There is a rare kind of quiet you only find on 10 acres. The perfect canvas for a home, retreat, investment opportunity or recreational escape. This Exceptional 10-acre tract positioned in one of North Texas' fastest-growing corridors. Located at the intersection of McDonald Road and Schumacher Road in Gunter, this highly visible property offers outstanding long-term investment potential as well as future development opportunities. Situated directly in the path of significant regional growth, McDonald Road is identified as a future route associated with the expansion of the Dallas North Tollway, further enhancing the property's strategic location and future accessibility. As Grayson County continues to attract major employers, residential growth, and commercial investment, this tract is ideally positioned to benefit from the area's ongoing expansion.
The property currently maintains an agricultural exemption with a year-to-year lease in place, providing potential tax advantages while allowing flexibility for future development plans. Buyers may explore continuing agricultural use prior to development if desired. Ideally located approximately 20 miles from major economic drivers including Texas Instruments, GlobiTech, Sherman's Progress Park, the planned Margaritaville Resort, luxury developments surrounding Lake Texoma, and Frisco's rapidly expanding North Platinum Corridor, this is a rare opportunity to secure acreage in the heart of one of the most dynamic growth markets in North Texas.
The property currently maintains an agricultural exemption with a year-to-year lease in place, providing potential tax advantages while allowing flexibility for future development plans. Buyers may explore continuing agricultural use prior to development if desired. Ideally located approximately 20 miles from major economic drivers including Texas Instruments, GlobiTech, Sherman's Progress Park, the planned Margaritaville Resort, luxury developments surrounding Lake Texoma, and Frisco's rapidly expanding North Platinum Corridor, this is a rare opportunity to secure acreage in the heart of one of the most dynamic growth markets in North Texas.
Location
State TX
County Grayson
Zoning AG
Direction GPS or follow from FM 121 in Gunter: W on FM 121, N on Wall Street Rd, W on McDonald (turns North), property on the NE corner of McDonald Rd and Schumacher Rd.
Exterior
Utilities Available City Sewer
Street Surface Gravel
Garage No
Building
Lot Description Acreage, Cleared
Schools
Elementary Schools Gunter
Middle Schools Gunter
High Schools Gunter
School District Gunter Isd
Others
Restrictions No Known Restriction(s)
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21289930
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Listed by Steven McCoy • McCoy Realty
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