500 N 5th Street, Gunter, Texas image 1
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500 N 5th Street

Gunter, Texas 75058
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$204,999 $864/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt925

Sqft

Acres0.13

Acre(Lot)

MOTIVATED SELLER! A rare sub-$210K opportunity in Gunter. Seller will consider assistance toward buyer closing costs or an interest-rate buydown with an acceptable offer. Situated on a corner lot near downtown, this charming 2-bedroom, 1-bath home offers an affordable entry point into Gunter ISD. Gunter High School earned an “A” rating under the Texas Education Agency accountability system. The home features abundant natural light, a panoramic front window, hard-surface flooring throughout, and no carpet. Major improvements completed in 2020 include the roof, foundation repairs with a transferable lifetime warranty, electrical breaker boxes, interior doors, water heater, garbage disposal, front and back doors, and exterior lighting. Additional improvements include French drains and fresh i nterior paint. The refrigerator, washer, and dryer convey—helping reduce a buyer’s initial move-in expenses. The fenced yard, covered carport, and approximately 200-square-foot insulated detached building provide valuable flexibility for storage, a workshop, or possible office. Conveniently located near Preston Road, downtown Gunter, FM 121, the Dallas North Tollway, City Hall, police and fire services, schools, shopping, and dining. Multifamily or duplex redevelopment and mid-term or short-term rental potential. Buyers should independently verify zoning, permitted uses, rental regulations, and approval requirements with the City of Gunter. Some listing photos have been virtually staged and or digitally modified to illustrate the property's potential appearance if updated; actual property condition may differ. Selling as-is.

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Detail Ic Property Details

Property Type : Residential

Price : $204,999

AD Id : 89381986

MLS Id : 568424042

Beds : 2

Lot Size : 0.13 Acre

Living Area Size : 925 Sq. Ft

Year Built : 1977

County : Grayson

Subdivision: Gunter Suppl Add

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0

  • Interior Features

    Cable TV Available,High Speed Internet Available,Natural Woodwork,Open Floorplan,Paneling

    Appliances

    Dishwasher,Disposal,Electric Range,Refrigerator

    Utilities

    City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter

  • Cooling Features

    Ceiling Fan(s),Central Air

    Heating Source

    Central,Natural Gas

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1977 Construction: Brick,Other Roof Type: Composition

  • Exterior Features

    Rain Gutters,Storage

    Foundation

    Pillar/Post/Pier

    Security Features

    Smoke Detector(s)

  • Laundry Features

    Electric Dryer Hookup,Full Size W/D Area,Other,On Site

    Fencing

    Back Yard,Chain Link

    Construction Materials

    Brick,Other

  • Lot Information

    Lot Size (Acr): 0.1330 Lot Size Units: Acres Lot Size Square Feet: 5,793 Lot Size Source: Assessor Lot Features: Cleared,Corner Lot

  • Property Information

    SQ ft (Living Area): 925 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Gunter Suppl Add City: Gunter State: Texas Directions: GPS Property Status: Active Levels: One Property Age: 49 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $204,999 List Price Tot SqFt: $222

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 151768 Tax Block: 28 Tax Legal Description: GUNTER SUPPLEMENTARY ADDN, BLOCK 28, LOT S 57

  • Parking Information

    Garage Space: 0 Carport Spaces: 2 Parking Features: Carport,No Garage,Outside

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Gunter Middle School: Gunter High School: Gunter School District: Gunter ISD

  • Utility Information

    Utilities: City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2118 Rowan Drive, Gunter, TX, 75058 $434,990 5 3 3,122 0.17 Acre
2112 Rowan Drive, Gunter, TX, 75058 $409,990 5 4 2,968 0.17 Acre
655 Loftice Road, Gunter, TX, 75058 $5,000,000 3 4 3,126 60 Acres
209 Avery Lane, Gunter, TX, 75058 $1,345,000 6 7 6,256 1.02 Acres
102 Deer Crossing Road, Gunter, TX, 75058 $1,545,000 5 6 5,613 1.00 Acre
1255 Vineyard Road, Gunter, TX, 75058 $575,000 4 3 2,507 0.75 Acre
31 Forest Hills Circle, Gunter, TX, 75058 $758,000 3 3 2,776 1.57 Acres
2474 Mcconnell Road, Gunter, TX, 75058 $745,000 3 3 3,191 2.20 Acres
946 Burke Road, Gunter, TX, 75058 $949,900 3 3 1,801 8.68 Acres
669 Massey Road, Gunter, TX, 75058 $625,000 3 3 2,745 0.70 Acre

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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/03/2026 @ 03:31

MLS: 568424042 LISTED BY: Jason White, WhiteFlame Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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