518 Wood
Active

516-518 Wood Drive

Gunter, Texas 75058
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$465,000 $1,960/Mo
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Bed 6

Bed

Bath 4

Bath

Acres0.28

Acre(Lot)

This 2021 one-story brick full duplex sits on a large lot and is conveniently located just a few blocks from Downtown Gunter. It's an excellent investment opportunity, ideal for a 1031 exchange or for a buyer who wants to live in one unit while renting out the other. Each unit features an identical three-bedroom, two-bathroom floor plan with high-end finishes throughout. Highlights include tall ceilings and a spacious primary suite in the rear, complete with dual sinks and two large walk-in closets. The kitchen boasts stylish cabinetry, granite countertops, and stainless steel appliances, including a built-in microwave. The spacious backyards are perfect for outdoor activities and both include a covered rear porch and wood fence. The carpet was replaced with nice laminate flooring in the bedrooms of 516 Wood in April 2026 & both units were refreshed before new 2026 tenants moved in. 516 Wood is leased for $1650 per month through 04-30-2027. 518 Wood is leased for $1700 through 12-31-2026 Gunter, Texas, is a rapidly growing small town with a family-friendly atmosphere, offering a tranquil rural feel with modern amenities, excellent schools, and proximity to Sherman, Frisco & US 75, the Dallas North Tollway, and Highway 289

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Detail Ic Property Details

Property Type : Residential Income

Price : $465,000

AD Id : 89069887

MLS Id : 569878283

Beds : 6

Lot Size : 0.28 Acre

Year Built : 2021

Garage : 1

County : Grayson

Subdivision: Gunter Town Center Add Ph I

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0

  • Interior Features

    Cable TV Available,Granite Counters,Walk-In Closet(s)

    Appliances

    Dishwasher,Disposal,Electric Range

    Utilities

    City Sewer,City Water,Individual Water Meter

  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 2021 Building Area Total: 2,554 Construction: Brick,Siding Roof Type: Composition

  • Foundation

    Slab

    Security Features

    Smoke Detector(s)

  • Fencing

    Wood

    Construction Materials

    Brick,Siding

  • Lot Information

    Lot Size (Acr): 0.2820 Lot Size Units: Acres Lot Size Square Feet: 12,284 Lot Size Source: Assessor Lot Features: Interior Lot,Landscaped,Lrg. Backyard Grass

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: Gunter Town Center Add Ph I City: Gunter State: Texas Directions: gps Property Status: Active Levels: One Property Age: 5 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $465,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 209969 Tax Block: C Tax Legal Description: GUNTER TOWN CENTER ADDN PHASE ONE, BLOCK C, L Tax Lot: 4 Unexempt Taxes: $8,574

  • Parking Information

    Has Garage Garage Space: 1 Carport Spaces: 0 Parking: 4 Parking Features: Driveway,Garage,Garage Door Opener,Garage Faces Front

  • 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,Individual Water Meter
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Address Estimate Bed Bath Sq. Ft Lot Size
614 N 6th Street, Gunter, TX, 75058 $475,000 6 4 --
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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 08/18/2026 @ 00:50

MLS: 569878283 LISTED BY: Charles Mauzy, Mauzy Realty 214-356-8710 SOURCE: NTREIS - North Texas Real Estate Information

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