Land for Sale in Gainesville, Texas

Vanguard Real Estate Advisors ("VREA") is pleased to present the opportunity to acquire approximately 28.64+- acres (the "Site") located along O'Neal Street in the rapidly growing city of 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, located on page 5, which contemplates a rezone of 89.46+- acres to 294 50' single family lots; 60+- acres is currently under contract. The Site is located less than 500 feet south from East US Highway 82, a major east-west thoroughfare and approximately two miles east from I-35, a major north-south highway. This Site is exceptionally well-priced at $1,025,000 ($35,789 per acre) and is a great opportunity to acquire a property in the rapidly growing city of Gainesville.