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$350,000 Just Listed
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Property Description
Over one acre of property 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 for commercial use by the City of Gunter, opening the door for business, retail, office space, or investment opportunities. 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 the 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 piece of land in a high-growth area, this property presents a rare opportunity to invest in one of North Texas' most desirable and expanding markets. Additional 7 ac of land available to the east.
Full Property Details
Full Property Details for 111 E Main St
General
- Price: $350,000
- Taxes: $7,146
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21204986
- Updated: 3/18/2026
- Added to Site: 5 day(s) ago
Location
- County: Grayson
- Subdivision: Otp Gunter
- Driving Directions: GPS Address
School Information
- Elem School District: Gunter ISD
- Midd School District: Gunter ISD
- High School District: Gunter ISD
- Elementary School: Gunter
- Middle School: Gunter
- High School: Gunter
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Residential, Single Family
- Year Built: 1950
Lot Features
- Lot Size (Acres): 1.699
- Lot Size (Sq. Ft.): 74,008.44
- Frontage: City Street, Asphalt
- Lot Features: Interior Lot, City Lot
- Zoning: commercial
Financial Considerations
- Tax Amount: $7,146
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: OTP GUNTER, LOT PT 83 84 & 85, ACRES 1.699
- Property ID: 151957
Listed by Texas Homes and Land, Coryann Johnson
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Schools
Schools serving 111 E Main St
School District:Gunter Independent School District
| Name | Grades | Distance |
|---|---|---|
Gunter Elementary School 200 West Elm Street, Gunter, TX 75058 | PK-4 | 0.2 mi |
Gunter Middle School 410 Tiger Lane, Gunter, TX 75058 | 5-8 | 0.8 mi |
Gunter High School 1102 N Preston Rd, Gunter, TX 75058 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 E Main St
Date
Details
Price
Change
Source
3/13/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,406
-4%
$330,221
13%
2023
$6,641
-5%
$291,266
-4%
2022
$6,983
100%
$304,246
4%
2021
100%
$293,642
65%
2020
100%
$178,093
20%
2015
-100%
$148,930
6%
2019
$3,823
23%
$140,460
29%
2018
$3,102
58%
$108,888
57%
2017
$1,965
4%
$69,388
6%
2016
$1,889
-2%
$65,437
-1%
2015
$1,927
2%
$66,339
2%
2014
$1,882
-4%
$64,802
-5%
2013
$1,965
—
$68,098
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 E Main St
111 E Main Street, Gunter, TX 75058 (MLS# 21204986) is a Lots/Land property with a lot size of 1.699 acres. 111 E Main Street is currently listed for $350,000 and was received on March 13, 2026. Want to learn more about 111 E Main Street? Do you have questions about finding other Lots/Land real estate for sale in Gunter? You can browse all Gunter real estate or contact a Coldwell Banker agent to request more information.

