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229 Pike Road

Gunter, TX 75058

Listing courtesy of Coryann Johnson, Texas Homes and Land

$8,900,000

For Sale

Beds

Not listed

Baths

Not listed

Sqft

Not listed

Year Built

1998

About this home

Positioned at the northwest corner of Kerfoot Road and Pike Road, this exceptional 55± acre tract presents an outstanding opportunity for developers and investors seeking to secure acreage in a growing North Texas corridor. Offering expansive paved road frontage along two sides, the property provides excellent accessibility, visibility, and flexibility for future site planning, including potential multiple access points, subject to applicable approvals. There is another access and entrance point off of McConnell Rd. The substantial acreage and open landscape offer a versatile foundation for a variety of potential development concepts, including residential communities, commercial projects, or mixed-use development, subject to zoning, infrastructure availability, and governmental approvals. Utilities are available in the area, adding to the property's long-term development appeal. The tract's size and configuration provide flexibility for evaluating site layouts, internal road networks, phased development, and other potential uses based on market demand and feasibility. As North Texas continues to experience population growth and expansion into surrounding communities, well-positioned acreage can present opportunities for investors looking toward future development and long-term land appreciation. The property's corner location, dual paved road frontage, and substantial land area make it an attractive candidate for developers evaluating land for future projects or investors seeking to establish a strategic position in an expanding market. Whether pursuing residential development, exploring commercial possibilities, or holding acreage for future investment, this 55± acre property offers the scale, access, and flexibility to explore a range of opportunities. An exceptional opportunity to acquire substantial acreage in North Texas and evaluate its potential for future growth.