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$4,451,832

3360 N I-35 Highway, Gainesville, TX, 76240

On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,178 Sq Ft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built1950
Roof Type105
Garage Spaces2

Land Information

APN13865
SubdivisionMccowan R
Land UseResidential
Legal DescriptionMCCOWAN R 0675 ACRES 1.0 3360 N I-35
Assessed Land Value$23,551
Assessed Improvement Value$240,486
Assessment Year2025

About this property

Prime commercial development opportunity in a high-traffic corridor! This approximately 14.60-acre tract is ideally located just off I-35 near the Hwy 82 interchange in Gainesville, TX, offering excellent visibility and convenient access. The property provides strong exposure to interstate traffic and is well positioned for a variety of commercial uses, including storage buildings, hotel, restaurant, retail, or service-oriented development. This property is within minutes of the famous Winstar World Casino. The size and location make this tract suitable for single-user or multi-tenant projects. Surrounded by established commercial activity and benefiting from regional growth along the I-35 corridor, this property presents an excellent opportunity for investors, developers, and business owners seeking a strategic North Texas location. Original listing was for 12.02 acres, now its all of the land at approx 14.60 acres. Priced at $7ft.

Investor Tools

$0Estimated Mortgage Balance
$672,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,711 /month
Positive
Cash Flow Estimate:
$8,904 /month

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TANDA STRINGFELLOW

Tanda Stringfellow Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,739
$247,214
2025
$23,551
$240,486
$264,037
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,739
$247,214

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$672,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
2.5%

City: Gainesville

3360 N I-35 Highway | Property Details | No Agent List