Four Cedars

For Sale

610 N Fourth Street, Gunter, TX 75058

This Gunter property for sale is located at 610 N Fourth Street. Contact the listing broker for details on the current sale price for Four Cedars.

Contacts

broker
Sean Scott

GREA

broker
Lee Robinson

GREA

Property Details

  • Property Type Other
  • Units 88
  • Date Updated Sep 8, 2025

The Four Cedars Apartments is a newly constructed, Class A multifamily community located at 610 N Fourth Street in Gunter, Texas—an emerging growth corridor just north of the rapidly expanding Celina submarket. Strategically positioned six miles North of Celina, TX, in the fastest-growing city in the Dallas-Fort Worth Metroplex, the property is well-poised to benefit from the ongoing wave of residential and commercial development sweeping through North Texas.

Completed in 2025, the property features 88 thoughtfully designed units across two floorplans: 44 one-bedroom, one-bath units (745 SF) and 44 two-bedroom, two-bath units (936 SF). Residents enjoy modern finishes, functional layouts, and a well-rounded amenity package including a gated entrance, leasing office, resort-style pool with sun shelf, dog park, pergola with grill area, and ample covered parking.

Preleasing commenced in August 2025, positioning the asset for rapid stabilization. As a bank-owned REO offering, Four Cedars presents a rare opportunity to acquire a brand-new property at below replacement cost. With high-quality construction, strong fundamentals, and proximity to significant population and employment growth, this asset is ideally suited for investors seeking yield in one of the nation’s top suburban markets, North Texas.

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Highlights

  • Appealing Amenities Gated entry, pool, pergola with grills, fenced dog park, and durable finishes that reduce maintenance costs.
  • Booming Regional Economy Surrounded by major commercial and industrial growth, including $30B+ investment in Sherman and expanding retail in Celina/Prosper; median household income of $137,500.
  • Compelling Investment Opportunity Bank-owned REO priced below replacement cost, in a prime submarket with strong demand drivers and long-term appreciation potential.
  • New Class A Construction Built in 2025 with 88 units (44 one-bed, 44 two-bed), featuring granite countertops, stainless steel appliances, in-unit laundry, and wood-style flooring.
  • Strategic Growth Location Situated in fast-growing Gunter, TX, between Celina, Prosper, and Sherman, with easy access to Frisco, McKinney, and North Dallas via Preston Road and the upcoming DNT extension.
  • Strong Community Draw High-performing Gunter ISD, small-town charm, walkable amenities, and access to parks and nature trails attract long-term renters.

Getting around

  • 20/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Gunter, TX
  • Zip Code 75058
  • Market Dallas Fort Worth

Points of Interest

  • QuikTrip

    4.91 miles

  • flying j

    4.91 miles

  • Love's

    5.14 miles

  • Walmart

    5.23 miles

  • Phillips 66

    6.01 miles

  • 7-Eleven

    6.03 miles

  • Shell

    6.12 miles

  • Valero

    6.14 miles

  • Exxon

    6.66 miles

  • Alon

    7.01 miles

  • Walmart Supercenter

    5.21 miles

  • Brookshire's

    6.21 miles

  • Diamond Food Market

    6.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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