115 E Main St
Gunter, TX 75058
(on 7.26 acres)
Local Information
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Description
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.
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 for remainder. 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 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.
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.
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 for remainder. 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 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.
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.
Home Highlights
Parking
Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 115 E Main St
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Appliances & Utilities Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available |
Heating & Cooling Heating: Central,Space HeaterHas CoolingAir Conditioning: Ceiling Fan(s),Wall/Window Unit(s)Has HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
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Exterior Home Features Patio / Porch: CoveredFencing: Chain LinkVegetation: Brush, Partially WoodedOther Structures: Garage(s), Outbuilding, Residence, Shed(s)Exterior: Storage |
Parking & Garage Has a GarageParking: Garage |
Frontage Road Frontage: Farm to Market Road, All Weather RoadRoad Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Horse Amenities: Other |
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Cumulative Days on Market: 749Days on Market: 180+ |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: LandProperty Subtype: Improved Land |
Property Information Usage of Home: Commercial, Development, Investment, Residential, Single FamilyParcel Number: 151959 |
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Price List Price: $799,000 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: Active |
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Direction & Address City: GunterCommunity: Otp Gunter |
School Information Elementary School: GunterElementary School District: Gunter ISDJr High / Middle School: GunterJr High / Middle School District: Gunter ISDHigh School: GunterHigh School District: Gunter ISD |
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Listing Agent Listing ID: 20429783 |
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Not Senior Community |
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No HOA |
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Lot Area: 7.26 Acres |
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Mls Number: 20429783Living Area Range Units: Square FeetAttribution Contact: 214-945-1970Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48181-N-151959-R-N |
Last check for updates: about 7 hours ago
Listing courtesy of Janith Boyd 0332734, (214) 945-1970
SocialLivingRealEstateBoutique, 214-945-1970
Source: NTREIS, MLS#20429783
Also Listed on NTREIS.
Price History for 115 E Main St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/13/2025 | $799,000 | PriceChange | NTREIS #20429783 |
| 07/29/2025 | $875,000 | PriceChange | NTREIS #20429783 |
| 06/21/2025 | $895,000 | PriceChange | NTREIS #20429783 |
| 04/15/2025 | $900,000 | PriceChange | NTREIS #20429783 |
| 03/18/2025 | $925,000 | PriceChange | NTREIS #20429783 |
| 02/27/2025 | $939,000 | PriceChange | NTREIS #20429783 |
| 01/08/2025 | $950,000 | PendingToActive | NTREIS #20429783 |
| 12/10/2024 | $950,000 | Contingent | NTREIS #20429783 |
| 10/09/2024 | $950,000 | PriceChange | NTREIS #20429783 |
| 09/16/2024 | $975,000 | PriceChange | NTREIS #20429783 |
| 07/01/2024 | $995,000 | PriceChange | NTREIS #20429783 |
| 04/09/2024 | $775,000 | PriceChange | NTREIS #20429783 |
| 09/15/2023 | $800,000 | Listed For Sale | NTREIS #20429783 |
| 07/21/2023 | ListingRemoved | NTREIS #20127455 | |
| 05/22/2023 | $999,990 | PriceChange | NTREIS #20127455 |
| 07/29/2022 | $1,050,000 | Listed For Sale | NTREIS #20127455 |
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Property Taxes and Assessment
| Year | 2024 |
|---|---|
| Tax | $7,741 |
| Assessment | $634,208 |
Home facts updated by county records
Comparable Sales for 115 E Main St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.99 | Lot/Land | - | 03/14/25 | - | - | ||
0.26 | Lot/Land | - | 12/05/24 | - | - | ||
0.43 | Lot/Land | - | 07/08/25 | - | - | ||
0.53 | Lot/Land | - | 11/08/24 | - | - | ||
0.53 | Lot/Land | - | 03/21/25 | - | - | ||
1.10 | Lot/Land | - | 12/23/24 | - | - | ||
0.86 | Lot/Land | - | 07/18/25 | - | - | ||
1.48 | Lot/Land | - | 01/27/25 | - | - | ||
1.44 | Lot/Land | - | 01/08/25 | - | - | ||
1.70 | Lot/Land | - | 12/13/24 | - | - |
Assigned Schools
These are the assigned schools for 115 E Main St.
- Gunter Elementary School
- PK-4
- Public
- 384 Students
5/10GreatSchools RatingParent Rating AverageWe love Gunter Elementary School. It is a great school with wonderful teachers. The staff at GES really cares about their kids in the classroom and outside of the classroom.Parent Review8y ago - Gunter High School
- 9-12
- Public
- 312 Students
7/10GreatSchools RatingParent Rating AverageBack in 2017, when we joined the Gunter School District with two children, it was phenomenal. A couple of years ago, the administration changed completely once the superintendent decided to hire not the most qualified principal at the high school. Communication was nonexistent, decision-making, rules, and discipline were out the window and academics was not a priority anymore! We’ve moved, but it was sad to see it decline, but hopefully it’ll get better again some day!Parent Review11mo ago - Gunter Middle School
- 5-8
- Public
- 328 Students
5/10GreatSchools RatingParent Rating AverageN/AParent Review17y ago 
Check out schools near 115 E Main St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Gunter
At least 13 Trulia users voted on each feature.
- 100%
Parking is easy - 91%
Yards are well-kept - 86%
Car is needed - 85%
There's holiday spirit - 83%
It's dog friendly - 81%
Kids play outside - 76%
It's quiet - 70%
Neighbors are friendly - 67%
There are community events - 65%
There's wildlife - 64%
People would walk alone at night - 63%
They plan to stay for at least 5 years - 27%
There are sidewalks - 25%
It's walkable to restaurants - 16%
It's walkable to grocery stores - 10%
Streets are well-lit
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Janith Boyd, SocialLivingRealEstateBoutique, 214-945-1970
Agent Phone: (214) 945-1970
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
115 E Main St, Gunter, TX 75058 is a lot/land built in 1960. This property is currently available for sale and was listed by NTREIS on Sep 15, 2023. The MLS # for this home is MLS# 20429783.