Address
500 N 5th Street, Gunter, TX
Price
$ 204,999
Property Attributes
- MLS#21336731
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CityGunter
- NeighborhoodGunter Suppl Add
- Zip75058
- StyleSingle Family Residence
- Year Built1977
- Price$ 204,999
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage925
- Lot Size0.133 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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 interior 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.
| Elementary School |
|---|
| Gunter Elementary School |
| Price History | |
|---|---|
| 8/10/2026 | Listed $204,999 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Electric Range,Refrigerator |
| Easements | Utilities |
| Restrictions | No Mobile Home |
| School District | Gunter ISD |
| Year Built | 1977 |
| Levels | One |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Gunter Suppl Add |
| Transaction Type | For Sale/Lease |
| Occupant Type | Vacant |
| Carport Spaces | 2 |
| County | Grayson |
| Property Type | Residential |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick,Other |
| Year Built Details | Preowned |
| Accessory Unit Type | Other |
| Accessory Unit Y/N | Yes |
| HOA Type | None |
| Special Notes | Aerial Photo,Survey Available |
| Full Baths | 1 |
| Status | Active |
| Directions | GPS |
| City | Gunter |
| Elementary School Name | Gunter |
| High School | Gunter |
| Elementary School | Gunter |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21336731 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,FHA,USDA Loan,VA Loan |
Interior Features
| Interior Features | Cable TV Available,High Speed Internet Available,Natural Woodwork,Open Floorplan,Paneling |
|---|---|
| Flooring | Ceramic Tile,Laminate,Wood |
| Total Stories | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 6 |
| Lock Box Type | Combo |
| Total Bedrooms | 2 |
| Total Baths | 1 |
| Window Features | Window Coverings |
| Laundry Features | Electric Dryer Hookup,Full Size W/D Area,Other,On Site |
Exterior Features
| Exterior Features | Rain Gutters,Storage |
|---|---|
| Lot Features | Cleared,Corner Lot |
| Fencing | Back Yard,Chain Link |
| Other Structures | Outbuilding |
| Lot Size Source | Assessor |
| Parking Features | Carport,No Garage,Outside |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 2 |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.1330 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Lot Size Square Feet | 5793.4800 |
| Lot Size Acres | 0.1330 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75058
Price
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
