115 E MAIN STREET, GUNTER, TX 75058
Homes for sale in Gunter.
Homes for sale in 75058.
115 E Main Street
Gunter, TX 75058
List Price$785,000
Listing #20429783
About This Property
Ask listing agent for comps!! 7.26 Acres in city limits of Gunter with apprx 2300 SF house that needs updates but could be used for rental or office and had roof replaced in 2022. Great development or investment property near Preston Rd and part of Downtown Master Plan! This property is located on Main Street aka FM 121 just east of Preston Rd. Seller financing available with 50% down for 3 years. Zoning info per City of Gunter is: "Currently zoned THOR(Thoroughfare District) in the front portion and SF1 for remainder. The THOR is an overlay district, that is a base zoning of C-1. Anything with Main Street frontage was re-zoned as THOR in our future land use plan. Currently, this property can be used as SF1, but if the home becomes vacant for a period of 6 months or more or is demolished, the land use would then change to the C-1 zoning on front of the parcel". Taxes paid by seller last year were $7700. 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. 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. Plans for Universal Theme Park in Frisco 20 minutes from property and HEB, Costco, & Lowe's in Celina 10 minutes away.
Property Features
Location Information
County
Grayson
Subdivision
Otp Gunter
Interior Features
Has Fireplace
No
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Central, Space Heater
Exterior Features
Exterior
Storage
Lot Size in Acres
7.26
Water / Sewer
Cable Available, Electricity Connected, Sewer Available, Water Available
Lot Size in Sq. Ft.
316,245
Utilities
Cable Available, Electricity Connected, Sewer Available, Water Available
Current Use
Residential, Single Family
Fencing
Chain Link
Possible Best Use
Commercial, Development, In
Patio / Deck Description
Covered
Zoning
SF1 Thoroughfare District
Other Structures
Garage(s), Outbuilding, Residence, Shed(s)
Road Description
Farm to Market Road, All Weather Road, Concrete
Horse Amenities
Other
Is One Story
No
Lot Description
Acreage, Interior Lot, Irregular Lot, Pond on Lot, Many Trees, City Lot
Lot Description
Acreage, Interior Lot, Irregular Lot, Pond on Lot, Many Trees, City Lot
School
Elementary School District
Gunter ISD
Jr. High School
Gunter
Elementary School
Gunter
High School
Gunter
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Tax Annual Amount
7740.0
Year Built
1960
Documents Available
Other, Aerial
Status
Active
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$3,665
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,828
Monthly Tax
$654
Monthly Insurance
$183
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Janith Boyd, SocialLivingRealEstateBoutique
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NTREIS - North Texas data last updated at January 29, 2026, 3:25 AM CT
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