89.46+/- Acre Residential Development Site | Gainesville, TX
Land | 89.62 acres
Marketing description
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 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 $2,639,070 ($29,500 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:
Due Diligence Vault - 89.46+/- Acres Gainesville
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.
Investment highlights
Strategic Location
- 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.
Zoning
- 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.
- Purchaser to do their own due diligence related to zoning and permitted uses.
Population and Demographics
- 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.
- Cooke County has an estimated population of 44,258 as of 2024, with a growth rate of 6.2% since 2020.
- As of May 2025, the average home sale price in Cooke County was $360,000 per Redfin.com.
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