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$895,000

115 E Main St Gunter, TX 75058

7.3 acres
Land

Property details

About 115 E Main St

7.26 Acres in city limits of Gunter with apprx 2400 SF house that needs updates but could be used for rental or office. 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. 7.26 Acres in city limits of Gunter with approximate 2400SF home that needs updates but could be used for rental or office. Great development or investment property near Preston Rd and part of Downtown Master Plan! 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 in the back. 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”. Could be purchased as part of a 1031 Tax Exchange. Taxes paid by seller last year were $7700. Please note that property goes well beyond the creek on the south boundary. City water and sewer!! Small yellow bldg 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.

Highlights

Home typeVacant Land
HeatingOther
StatusActive
Lot size7.26 Acres
Year built1960
MLS #20429783

Virtual tour

Summary

  • Exterior: Storage
  • Heating: Other
  • List Price: $895,000
  • Annual Tax Amount: $7,753
  • Tax Year: 2024
  • Lot: Interior Lot, Irregular Lot, Many Trees, City Lot
  • Directions: On FM 121 (Main St) just east of Preston Rd (Hwy 289) on south side, no sign. Address on lamp post.
  • Year Built: 1960
  • Lot Size: 7.26 Acres
  • MLS Number: 20429783
  • MLS Name: NTR
  • Office Name: SocialLivingRealEstateBoutique
  • Office Phone: (214) 945-1970
  • Listing Agent: Janith Boyd

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/21/2025, 6:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$630,138$7,753
2023$638,022$7,753
2022$446,435$-
2021$334,443$-
2020$298,523$7,995
2019$283,166$7,453
2018$261,600$7,453
2017$238,253$6,746

History based on county public records data.

Nearby schools

7

Gunter Elementary School

Public District PK-4

0.2 mi

200 Elm St

5

Howe Intermediate School

Public District 3-5

8.2 mi

315 Roberts St

6

Bob and Lola Sanford Elementary School

Public District KG-4

9.1 mi

300 Williams Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,500. Typical income of Gunter, TX residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

31%
<35k
45%
35k-100k
17%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 115 E Main St

The listing price of 115 E Main St property is $895,000.

The property 115 E Main St is land located in Gunter, Texas, 75058.

Active Listing: 115 E Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 115 E Main St are: Gunter Elementary School (GreatSchools Rating 7/10), Howe Intermediate School (GreatSchools Rating 5/10), Bob and Lola Sanford Elementary School (GreatSchools Rating 6/10), Gunter Middle School (GreatSchools Rating 5/10), Howe Middle School (GreatSchools Rating 6/10), Jerry and Linda Moore Middle School (GreatSchools Rating 6/10), Gunter High School (GreatSchools Rating 6/10), Celina High School (GreatSchools Rating 6/10), Van Alstyne High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $7,753 (source: MLS/based on county public records data).

The property 115 E Main St is 7.26 acres.

The year of construction for 115 E Main St is 1960.

This home is located at 115 E Main St in Gunter, TX and zip code 75058. Features: 0 bathroom. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $895,000.

In June 2025 in Gunter, TX there were 12.7% more homes for sale than in May. In June 2025, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $829,944.

From Rocket Homes Real Estate and based on county public records data.

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