www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27979552
27979573

229 Pike Road, Gunter, TX 75058

CJ
Tx 0450333
Texas Homes and Land
Listed by Texas Homes and Land
$10,340,400
215 days on market
Updated 29 days ago

229 Pike Road

Details
Property Type Land
Sub Type Agricultural, Residential
Acreage 55.600
Zoning Unzoned

55± acre tract offers a great combination of location, access, and growth potential.

Marketing description

Positioned at the northwest corner of Kerfoot Road and Pike Road, this 55± acre tract presents a rare opportunity to acquire a strategically located parcel in one of North Texas’ fastest-growing corridors. The property’s expansive paved road frontage on two sides ensures excellent accessibility, high visibility, and multiple ingress/egress options—ideal characteristics for a wide range of development concepts.

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.

Investment highlights

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.

Listing Contacts

CJ
Tx 0450333
Texas Homes and Land
Listed by Texas Homes and Land

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591