500 N 5th Street

About this home

**FOR SALE OR FOR LEASE** This 2 bed 1 bath home is ready for new owners, perfect for a young family or anyone looking for a well kept home in town convenient to schools, Preston Road, city services, and everything Gunter has to offer. Our preferred lender is offering a lender credit of up to 1% of the loan amount, which could lower your monthly payment** 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.

Property details

MLS #

1156443365

Property Type

Residential

Status

Active

County

Grayson

Listed

Apr 1, 2026

Price per Sqft

$229