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$375,000

517 E College St, Gunter, TX, 75058

On MarketInfo
Baths1,721 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1925

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size2.22 acres

Building Information

Year Built1925
Stories2
Garage Spaces2

Land Information

APN292 0026019
SubdivisionAllen S B A-G0026
Land UseResidential
Legal DescriptionG-0026 ALLEN S B A-G0026, ACRES 2.22
Census Tract001901
Assessed Land Value$338,890
Assessed Improvement Value$3,241
Assessment Year2025

About this property

Seize this incredible opportunity to own 2.2 acres of prime land right off N. Preston Rd in Gunter, TX—one of the fastest-growing corridors in North Texas! With massive development happening all along Preston Rd, this property is perfectly positioned for future appreciation and potential residential use. Located just minutes from the Gates of Prosper, this strategic location offers both convenience and long-term value. Whether you’re looking to invest, build, or develop, this land provides endless possibilities in an area primed for growth. Opportunities like this don’t last—secure your piece of the future today!

Investor Tools

$0Estimated Mortgage Balance
$369,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Lora Karacic

Monument Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,559
$342,131
2025
$338,890
$3,241
$342,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,559
$342,131

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$369,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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517 E College St | Property Details | No Agent List