500 N 5TH STREET, GUNTER, TX 75058
Homes for sale in Gunter.
Homes for sale in 75058.
500 N 5th Street
Gunter, TX 75058
List Price$220,000
Listing #21050707
About This Property
**FOR SALE OR FOR LEASE**Well-maintained 2 bed, 1 bath property located near downtown Gunter with strong investment potential. Major capital improvements completed in 2020 include roof, foundation (with lifetime transferable warranty), breaker boxes, doors, water heater, exterior lighting, and more--minimizing future expenses. Recent upgrades include a new panoramic front window and French drains. No carpet and fresh interior paint. Refrigerator, washer, and dryer convey. Features an insulated ~200 sq ft detached building ideal for office or storage, plus a fenced yard and covered carport. Prime location near Preston Road, City Hall, shopping, schools, and restaurants. Zoned to award-winning Gunter ISD. Property may offer future upside with potential rezoning to multi-family or duplex use, subject to city approval. Ideal for buy-and-hold or redevelopment investors.
Property Features
Location Information
County
Grayson
Subdivision
Gunter Suppl Add
Interior Features
Rooms
First Floor Bedroom, First Floor Dining Room, First Floor Full Bath, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
No
Interior
Paneling/Wainscoting, Cable TV
Number of Fireplaces
0
Master Bedroom Description
14 x 13
Heating
Central, Natural Gas
Full Baths
1
Cooling
Central Air, Ceiling Fan(s)
Dining Room Description
13 x 7
Floors
Laminate, Tile
Living Room Description
11 x 13
Laundry
Other
Kitchen Description
10 x 12
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Exterior Features
Style
Detached
Garage Spaces
0
Stories
1
Fencing
Back Yard, Chain Link
Construction
Brick, Other
Pool Description
None
Exterior
Rain Gutters, Storage
Other Structures
Outbuilding
Foundation
Pillar/Post/Pier
Lot Description
Corner Lot
Roof
Composition
Lot Size in Acres
0.133
Water / Sewer
Sewer Available, Water Available, Cable Available
Lot Size in Sq. Ft.
5,793
Utilities
Sewer Available, Water Available, Cable Available
Is One Story
Yes
Security System
Smoke Detector(s)
Lot Description
Corner Lot
Parking Description
Carport
School
Elementary School District
Gunter ISD
Jr. High School
Gunter
Elementary School
Gunter
High School
Gunter
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
SFR
Has a Home Owners Association
No
Property SubType 2
House
Exclusions
tenants personal belongings
Property SubType
Single Family Residence
Documents Available
Survey
Year Built
1977
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$1,026
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$792
Monthly Tax
$183
Monthly Insurance
$51
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jason White, WhiteFlame Realty
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NTREIS - North Texas data last updated at February 5, 2026, 1:58 PM CT
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