O'Neal Street - Residential LAND FOR SALE


Gainesville, TX 76240 3,896,878 SF
$3,200,000 USD
214-556-1951
O'Neal Street, Gainesville, TX for Sale
$3,200,000 USD
Residential LAND - FOR SALE
1/3
3,896,878 SF

O'Neal Street
Gainesville, TX 76240


HIGHLIGHTS

  • The Site is located approximately two miles east of I-35, and less than 500 feet south of US- Highway 82.
  • WinStar World Casino is located approximately 10 miles north of the Site.
  • Ideally located adjacent to established single family communities positioning the Site in the path of growth.
  • The Site is currently zoned SF-2 which allows for a minimum lot size of 7,500 square feet with a minimum width of 75 feet.
  • The Seller contemplated a concept plan, which consists of 294, 50’ single family lots. Please note, it’s our understanding this would require a rezone
  • According to the US Census Bureau, Gainesville has a population of approximately 18,295 as of 2024, with a growth rate of 5.2% since 2020.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) is pleased to present the opportunity to acquire approximately 89.46 +/- acres located along Shipley Street, O'Neal Street, and Wheeler Creek Drive in Gainesville, Texas. The Site is zoned SF-2, which allows for single family development with a minimum lot width of 75’. The Seller has a concept plan, which contemplates a rezone of the Site to 294, 50’ single family lots. The Site is located less than 500 feet south from US Highway 82, and approximately two miles east from I-35. This Site is exceptionally well-priced at $3,200,000 ($35,770 per acre) and is a great opportunity to acquire a property in the rapidly growing City of Gainesville. To gain access to the Due Diligence Vault click on the link below: https://docsend.com/view/s/xz7ssq39iwtedbu3 A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/ACRE

$35,770/AC

PRICE/SF

$0.82 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

89+/- Acre Residential Site | Gainesville, TX

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

89.46 AC

LAND SF

3,896,878 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

SF-2

APN/PARCEL ID

113572,27211

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.