±194 acres of land right outside of Gainesville city limits. Ideal 1031 exchange candidate. Good development potential. The property is just a few minutes to Gainesville. Currently ag exempt. Gainesville is situated near the Oklahoma border and is experiencing growth like most of North Texas. Some of the major employers in the area include WinStar World Casino and Resort, Safran Seats US, PPG Industries, Dura-Line, Trident Process Systems, GAF and many others.