- For Sale Contact for pricing
- Property Type Other
- Property Size 73,964 SF
- Units 88
- Date Updated Aug 19, 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.
Reach out to the broker for more info on lease terms and amenities
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.
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Contacts
Location
- City Gunter, TX
- Zip Code 75058
- Market Dallas Fort Worth
Points of Interest
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QuikTrip
4.91 miles
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flying j
4.91 miles
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Love's
5.14 miles
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Walmart
5.23 miles
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Phillips 66
6.01 miles
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7-Eleven
6.03 miles
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Shell
6.12 miles
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Valero
6.14 miles
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Exxon
6.66 miles
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Alon
7.01 miles
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Panda Express
5.05 miles
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Chili's
5.05 miles
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Chipotle
5.05 miles
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Texas Roadhouse
5.06 miles
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Chick-fil-A
5.07 miles
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Popeyes
5.10 miles
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Whataburger
5.11 miles
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Domino's
5.13 miles
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Taco Bell
5.26 miles
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Salsa TexMex
5.32 miles
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Celina High School
5.32 miles
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Grayson College South Campus
5.67 miles
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Sue Evelyn Rattan Elementary
6.19 miles
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Anna High School
6.25 miles
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Jerry and Linda Moore Middle School
6.30 miles
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Van Alstyne Elementary School
6.38 miles
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Bob and Lola Sanford Elementary School
6.71 miles
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Celina Middle School East Wing
6.76 miles
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Van Alstyne Middle School
6.79 miles
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Celina Primary School
6.86 miles
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Almost Grandma's
6.70 miles
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Pinnacle Montessori of Melissa
8.31 miles
Frequently Asked Questions
The sale price for Four Cedars is available upon request. Contact the listing broker for more information.
Four Cedars totals 73,964 square feet.
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