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O'Neal Street - 28.64+/- Acre Residential Site | Gainesville 28.64 Acres of Residential Land Offered at $1,430,818 CAD in Gainesville, TX 76240

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INVESTMENT HIGHLIGHTS

  • The Site is located approximately two miles east of I-35, and less than 500 feet south of US- Highway 82.
  • Ideally located adjacent to established single family communities positioning the Site in the path of growth.
  • 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
  • WinStar World Casino is located approximately 10 miles north of the Site.
  • 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.
  • 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.

EXECUTIVE SUMMARY

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.
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.

PROPERTY FACTS

Price $1,430,818 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 28.64 AC
Zoning SF-2 - Single Family

1 LOT AVAILABLE

Lot

Price $1,430,818 CAD
Price Per AC $49,958.73 CAD
Lot Size 28.64 AC
  • Listing ID: 36910275

  • Date on Market: 2025-07-24

  • Last Updated:

  • Address: O'Neal Street, Gainesville, TX 76240

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