121212121212121
121212121212121
2 Beds
1 Baths
925 sq ft
MLS 21050707
MLS 21050707
Beds
Baths
Sq Ft
**FOR SALE OR FOR LEASE** Our preferred lender is offering a lender credit of up to 1% of the loan amount, which could lower your monthly payment** 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.
On the market for 177 days
Single Family built in 1977
.5 sq ft lot
$238 per sq ft
No Pool
Summary of the property details
Beds:
2
Baths:
1
Sq. Ft:
925
Stories:
1
Year Built:
1977
County:
Grayson
Last updated Feb 11, 2026
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
No Mobile Home
Disclosures:
N/A
Year Built:
1977
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
N/A
Type:
N/A
Sub Type:
N/A
Garage Type:
N/A
# of Bedrooms:
2
# of Baths (Full):
N/A
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
N/A
Bedroom Description:
N/A
Kitchen Description:
N/A
Dishwater:
N/A
Range Type:
N/A
Oven Type:
N/A
Disposal:
N/A
Compactor:
N/A
Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
N/A
# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
N/A
Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
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WhiteFlame Realty
Homes similar to 500 N 5th Street are listed between $245,000 and $765,200 at and average of $163 per square foot.