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Listing provided courtesy of Fair Deal RealtyMLS# 21315989MLS ProviderContact Information: Indu Mandadi - 972-798-2110
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Great investment potential. Located in the path of growth and on the corner of McDonald Rd. and Schumacher Rd. McDonald Rd. showing as a future Dallas North Tollway path on the thoroughfare plan maps. Prime property right in the heart of Grayson County's growth explosion. Property has an ag exemption with a year to year lease. Buyer may apply to continue an agricultural use before development if desired. A great investment opportunity for multiple types of development, including commercial, residential or industrial uses. Grayson County and City of Gunter should be consulted for any development plans. About 20 miles to Texas Instruments, GlobiTech, Sherman's Progress Park, planned Margaritaville Resort, luxury homes on Lake Texoma and to the South, Frisco's North Platinum Corridor.

Source: North Texas MLS, MLS#: 21315989

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  • Property Type
    Land
  • Lot
    10.00 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at TBD Schumacher Road

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: North Texas MLS Added to Database
June 29, 2026