The property is a strategic investment property positioned directly in the path of North Texas’s northward expansion as there is already a service road coming up to FM 121.

Property Overview

The land consists of 100.83 acres of unimproved land. It is primarily characterized by its proximity to major future infrastructure and its potential for high-density residential or commercial development.

• Location: Situated on FM 121 (also known as Main St), just west of the Gunter city center.
• Topography/Land Use: Mostly level pasture land with “black” soil typical of the region. It is currently utilized for agricultural purposes (keeping taxes low via Ag-exemption) but is physically “development-ready.”
• Frontage: The property features roughly 1,300 linear feet of frontage on FM 121, providing significant visibility and access. According to Grayson County Thoroughfare Plan, FM 121 will be principal arterial road, just like TX 121 between Plano/Frisco and upcoming US 380 between Frisco/Prosper.

Strategic Importance & Infrastructure

The primary driver for this property’s value is its location relative to the Dallas North Tollway (DNT) extension:

• Tollway Proximity: The property sits approximately 0.25 miles east of the proposed path of the Dallas North Tollway extension.
• Gunter Relief Route: TxDOT is planning the “Gunter Relief Route,” which will likely alter traffic patterns and increase the commercial viability of FM 121 as a major thoroughfare connecting the DNT to SH 289 (Preston Road).
• Growth Corridor: Gunter is the next major “boom town” north of Celina and Prosper. There are numerous upcoming residential developments nearby including Taylor Ranch (500 Acres), Kimberlin Ranch (142 Acres), Platinum Ranch (2,000 Acres), Double Platinum Ranch (1,215 Acres), and more, signaling massive institutional interest in this specific 5-mile radius.
• This property is located around 6 miles north of Legacy Hills Master Planned Community of 3,200 Acres and 7,200 single family lots.