516-518 Wood Dr, Gunter, TX 75058

$465,000
: 6
BD
: 4
BA

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List Price: $465,000
MLS#: 21349908
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2021
Construction Status: Preowned
Bedrooms: 6
Full Baths: 4
Acres: 0.28
County: Grayson
City: Gunter
Subdivision: Gunter Town Center Add Ph I
Building Name: 516-518

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Property Description

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

972-422-9155

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