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229 Pike Rd - 55.6ac Pike Road 55.6 Acres of Residential Land Offered at $10,340,400 in Gunter, TX 75058



EXECUTIVE SUMMARY
Development Flexibility & Infrastructure
Utilities are available in the area, providing the foundation for future development across multiple asset classes. Whether envisioned as a residential subdivision, commercial center, or mixed-use project, the property’s configuration and location support efficient site planning and phased development options (subject to city and county approvals). The open landscape and gently rolling topography further enhance its development readiness, minimizing preparation costs and enabling creative land-use design.
Strategic Location in a High-Growth Market
Situated in a corridor experiencing significant residential and commercial expansion, this tract benefits from proximity to major transportation routes, employment centers, and community amenities. As nearby development continues to push outward, properties with dual road frontage and utility access are becoming increasingly scarce—making this an attractive long-term hold or immediate development opportunity.
PROPERTY FACTS
| Price | $10,340,400 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 55.60 AC |
| Zoning | Unzoned - Unzoned | ||
| Price | $10,340,400 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 55.60 AC |
| Zoning | Unzoned - Unzoned |
1 LOT AVAILABLE
Lot
| Price | $10,340,400 | Lot Size | 55.60 AC |
| Price Per AC | $185,978.42 |
| Price | $10,340,400 |
| Price Per AC | $185,978.42 |
| Lot Size | 55.60 AC |
This property checks every box for developers and investors seeking a versatile, well-positioned tract with the infrastructure and flexibility to support future growth.
DESCRIPTION
Investment Highlights 55± acres positioned at a key corner with strong visibility and access Utilities available nearby, supporting multiple development paths Ideal for residential, commercial, or mixed-use projects Excellent site layout with dual paved road frontage Located in a rapidly expanding North Texas growth corridor Strong potential for appreciation and long-term investment returns The Bottom Line This property checks every box for developers and investors seeking a versatile, well-positioned tract with the infrastructure and flexibility to support future growth. Whether your focus is on immediate development, strategic land banking, or phased investment planning, this 55± acre parcel delivers the access, visibility, and market momentum to maximize value.
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229 Pike Rd - 55.6ac Pike Road
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