LKV Realty
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$465,000
$2,400Reward *
516-518 Wood Drive, Gunter, TX 75058Listing ID 21349908

516-518 Wood Drive, Gunter, TX 75058

Active
Gunter Town Center Add Ph I
Time on site: 13 daysLast updated: Aug 4, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,554
Acres
Acres
0.28
Days on Site
Days on Site
13
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Electric
Year Built
Year Built
2021
Garages
Garages
1
Parking
Parking
Driveway, Garage Faces Front, Garage, Garage Door Opener

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

Property Information

Property Details

Location

Address
516-518 Wood Drive
County
Grayson
City
Gunter
Zip Code
75058
Subdivision
Gunter Town Center Add Ph I
School District
Gunter ISD
High School
Gunter
Elementary School
Gunter

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
4

Building

Building Information

Square Feet
2,554
Year Built
2021
Construction
Brick
Foundation
Slab
Roof
Composition

Financial

Special Conditions
Probate Listing, Standard

Property Taxes

Tax Annual Amount
$8,574
Charles MauzyMauzy Realty, (214) 515-5555

Market Report for 75058

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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