516-518 Wood Drive
Gunter, TX 75058
Listing courtesy of Charles Mauzy, Mauzy Realty
About this home
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
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 #
- 21349908
- Property Type
- Multi-Family / Income
- Status
- For Sale
- County
- Grayson
- Subdivision
- Gunter Town Center Add Ph I
- Lot Size
- 12,283.92 sqft
- Garage
- 1-car
- HOA Dues
- None
- Annual Taxes
- $8,574
- Days on Market
- New (0 days)
- Listed
- Aug 4, 2026
- Price per Sqft
- Not listed
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,475
- Property taxes
- $715
- Homeowner's insurance (est.)
- $136
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
Similar homes nearby
See all in Gunter→Listing courtesy of Henderson Luna, Henderson Luna Realty
Listing courtesy of Ben Caballero, HomesUSA.com
Listing courtesy of Charles Mauzy, Mauzy Realty