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518 E College Street

Gunter, TX 75058

Listing courtesy of James Spece, James Spece - Realtor Inc.

$980,000
Active
Beds
4
Baths
3
Sqft
3,894
Year Built
1930

About this home

Modern Country Estate on 4+ acres in the highly desirable Gunter ISD! Blending original 1930s character with a massive expansion and complete remodel finished in recent years, this spectacular property offers nearly 4,000 square feet of high-end living space. Designed for effortless modern living, the expansive floor plan features 4 bedrooms, 3 full bathrooms, and 3 distinct, flexible living areas that provide plenty of room for family, guests, and everyday entertainment. A full video surveillance system is included for added peace of mind. Step outside to a private backyard oasis engineered for ultimate Texas outdoor living. The property boasts a pristine dive-depth swimming pool, perfectly paired with a premier covered outdoor kitchen pavilion. This incredible space serves as the ultimate hub for weekend entertaining and relaxed country evenings. For hobbyists, mechanics, or business owners, a massive asphalt driveway leads back to a sprawling 1,200 SF detached workshop featuring an 800 SF covered lean-to, offering incredible storage and workspace for classic cars, heavy equipment, or major projects. The acreage is a true recreational haven, spanning just over 4 acres that are fully fenced and cross-fenced. Enjoy a completely turnkey land management experience, as the tractor and matching implements are included with the property. Livestock and animal lovers will appreciate the secure, gated 3+ acre pasture alongside multiple barns on the property. You can also cast a line right in your own backyard from a private, lined, and fully stocked pond teeming with bass, crappie, and catfish. Located just minutes from the heart of Gunter and zoned for top-rated, highly acclaimed Gunter schools, this rare estate offers an unparalleled lifestyle where modern luxury meets true country freedom.

Schools

Elementary
Gunter
Middle
Gunter
High
Gunter

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21288384
Property Type
Residential
Status
Active
County
Grayson
Subdivision
Russo Add
Lot Size
4.04 acres
HOA Dues
None
Annual Taxes
$14,909
Days on Market
New (0 days)
Listed
Jun 24, 2026
Price per Sqft
$252

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$6,744/mo
Principal & interest
$5,216
Property taxes
$1,242
Homeowner's insurance (est.)
$286

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 24, 2026