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

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 Seller has a concept plan, which contemplates a rezone of the Site to 294, 50’ single family lots. 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 $3,200,000 ($35,770 per acre) and is a great opportunity to acquire a property in the rapidly growing City of Gainesville.

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