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$799,000
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Property Description
Offering owner financing with 50% down and 3-year balloon at below market interest rate. Many possible uses! May continue to be residential with room to spread out and great place for kids to explore, ride ATVs, etc. Property is very scenic with deer sightings, rabbits, armadillos and more. House needs to be updated but has newer roof and original hardwood floors, and could also be used for Commercial office. 7.26 Acres in city limits of Gunter, great development or investment property near Preston Rd and part of Downtown Master Plan! Taxes paid by seller last year were $6600. 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. ADDITIONAL LAND AVAILABLE! 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. HEB, Costco, Walmart, and Lowe's in Celina 10 minutes away. Much more development all around the area! Agent is married to owner.
Full Property Details
Full Property Details for 115 E Main St
General
- Price: $799,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21337424
- Updated: 7/22/2026
- Added to Site: 34 day(s) ago
Exterior
- Exterior Features: Deck, Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered, Deck
Location
- County: Grayson
- Subdivision: Otp Gunter
- Driving Directions: On FM 121 (Main St) just east of Preston Rd (Hwy 289) on south side, sign in yard. Address lamp post.
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
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Roof Turbine(s), Window Unit(s)
- Heating Type: Central, Natural Gas, Space Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
- Year Built: 1960
Additional Structures
- Other Structures: Garage(s), Outbuilding, Residence, Shed(s), Storage
Lot Features
- Lot Size (Acres): 7.26
- Lot Size (Sq. Ft.): 316,245.6
- Lot Size Source: Assessor
- Frontage: City Street, Farm to Market Road, All Weather Road, Concrete
- Topography: NeedsFill, Varied
- Lot Features: Acreage, Interior Lot, Pond on Lot, Many Trees, City Lot
- Potential Use: Commercial, Development, Investment, Place of Worship, Residential, Recreational, Single Family, See Remarks
- Trees/Vegetation: Grassed, Partially Wooded
- Zoning: C-1 at front and SF1 remainder
- Fencing (Description): Back Yard, Chain Link, Gate, Perimeter
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, Owner Will Carry, See Agent
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: OTP GUNTER, BLOCK PT 83, 84, 85, ACRES 7.26
- Disclosures/Rstr.: Flood Plain Disclosure, Familial Relation, Owner Is Listing Agent
- Property ID: 151959
- Block: 83
Listed by SocialLivingRealEstateBoutique, Janith Boyd
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Schools
Schools serving 115 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 | 0.9 mi |
Gunter High School 1102 N Preston Rd, Gunter, TX 75058 | 9-12 | 0.9 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 115 E Main St
Date
Details
Price
Change
Source
7/22/2026
Listed
$799,000
—
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 115 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,537
-7%
$478,788
10%
2023
$7,009
-10%
$434,862
-32%
2022
$7,753
100%
$638,022
43%
2021
100%
$446,435
33%
2020
100%
$334,443
12%
2015
-100%
$298,523
14%
2018
$7,453
10%
$261,600
10%
2017
$6,746
8%
$238,253
10%
2016
$6,264
9%
$217,029
9%
2015
$5,769
-25%
$198,581
-30%
2019
$7,706
47%
$283,166
57%
2014
$5,236
-15%
$180,247
-15%
2013
$6,130
—
$212,485
—
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 115 E Main St
115 E Main Street, Gunter, TX 75058 (MLS# 21337424) is a Lots/Land property with a lot size of 7.26 acres. 115 E Main Street is currently listed for $799,000 and was received on July 22, 2026. Want to learn more about 115 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.

