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Days132Days on Market
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$240,000

101 Block Rd, Gunter, TX, 75058

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.82 acres

Land Information

APN293 8133005
Lot Number5
SubdivisionMaytree Estates
Land UseResidential
Legal DescriptionMAYTREE ESTATES, LOT 5, ACRES 1.82
Census Tract001901
Assessed Land Value$197,364
Assessment Year2025

About this property

1.84-acre commercial tract located at the corner of FM 121 and Block Road in Gunter, TX—one of North Texas’ fastest-growing communities. The property is zoned City of Gunter C-1 (Attached PD), allowing for a range of neighborhood and general commercial uses. The site is positioned along the proposed FM 121 Gunter Relief Route, with a future TxDOT right-of-way acquisition anticipated, offering meaningful upside for an investor with a long-term hold strategy. Utilities include water service provided by Mustang SUD with a water line at the frontage. Sanitary sewer is not currently available onsite, which is reflected in the pricing and presents a longer-term planning consideration. Offered at $250,000, this property represents a compelling infrastructure-driven investment opportunity in the path of growth.

Investor Tools

$94,337Estimated Mortgage Balance
$153,663Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Logan Call

Franklin Land Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,425
$197,364
2025
$197,364
N/A
$197,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,425
$197,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Commercial
$100,000
No
First
May 9, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,337
$153,663
61%
38%
$600/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gunter

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101 Block Rd | Property Details | No Agent List