28.64+/- Acre Residential Development Site | Gainesville, TX

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.

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