Prime development opportunity located near downtown in the growing community of Gunter. Tract 1 consists of a combination of Lots 5 and 6, totaling approximately 0.33 acres (100x145). Currently zoned TH (Townhome), the property offers immediate potential for development while also providing flexibility for alternative residential uses, subject to approval and compliance with City of Gunter development standards. Per the City planner, zoning adjustments may be considered for single-family or other residential configurations. The lot is level, located outside of a flood zone, and has no HOA. Ideally situated just minutes from Preston Road, the Dallas North Tollway extension, FM 121, and the nearby communities of Celina, Sherman, and Prosper, this property is well-positioned in a rapidly expanding corridor. Utilities located at the street (buyer to verify with the city). Lots 5 & 6 can be purchased individually for 80k each. Gunter ISD.