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 12-31-2027 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
| MLS # | 21349908 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 57 |
| Listing Provided By | Mauzy Realty | Charles Mauzy |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| Garage | 1 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.28 |
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Electric |
| Interior Features | Cable TV Available, Granite Counters, Walk-In Closet(s) |
| Window Features | Window Coverings |
| Appliances | Dishwasher, Disposal, Electric Range |
| Roof | Composition |
|---|---|
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick, Siding |
| Foundation Details | Slab |
| Lot Features | Interior Lot, Landscaped, Lrg. Backyard Grass |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Driveway, Garage, Garage Door Opener, Garage Faces Front |
| Utilities | City Sewer, City Water, Individual Water Meter |
|---|
| Unexempt Taxes | 8574 |
|---|---|
| Tax Lot | 4 |
| Tax Block | C |
| Tax Legal Description | GUNTER TOWN CENTER ADDN PHASE ONE, BLOCK C, L |
| State | TX |
|---|---|
| County | Grayson |
| City | Gunter |
| Zip Code | 75058 |
| Area | Grayson |
| Community Name | Gunter Town Center Add Ph I |
| School District | Gunter ISD |
| Elementary School | Gunter |
| High School | Gunter |
| Listing VS Median (in Gunter Town Center Add Ph I) | |
Price: $459,000 low | high Med: $410,000 On site: 57 low | high Med: 47 | |
| State | TX |
|---|---|
| County | Grayson |
| City | Gunter |
| Zip Code | 75058 |
| Area | Grayson |
| Community Name | Gunter Town Center Add Ph I |
| School District | Gunter ISD |
| Elementary School | Gunter |
| High School | Gunter |
| Listing VS Median (in Gunter Town Center Add Ph I) | |
Price: $459,000 low | high Med: $410,000 On site: 57 low | high Med: 47 | |