Date
Details
Price
Change
Source
9/04/2025
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$220,000
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1/11
Property Description
**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.
Full Property Details
Full Property Details for 500 N 5th St
General
- Price: $220,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21050707
- Updated: 2/11/2026
- Added to Site: 181 day(s) ago
Interior
- Interior Features: Paneling/Wainscoting, Cable TV
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Other
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters, Storage
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport
Location
- County: Grayson
- Subdivision: Gunter Suppl Add
- Driving Directions: GPS
School Information
- Elem School District: Gunter ISD
- Midd School District: Gunter ISD
- High School District: Gunter ISD
- Elementary School: Gunter
- Middle School: Gunter
- High School: Gunter
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Other
- Roof: Composition
- Stories/Levels: 1
- Living Area: 925 Sq. Ft.
- Year Built: 1977
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.133
- Lot Size (Sq. Ft.): 5,793.48
- Lot Size Source: Assessor
- Lot Features: Corner Lot
- Fencing (Description): Back Yard, Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale or Lease
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: GUNTER SUPPLEMENTARY ADDN, BLOCK 28, LOT S 57
- Exclusions: tenants personal belongings
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 151768
- Block: 28
Listed by WhiteFlame Realty, Jason White
We Value Your Privacy
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Listing agent
— 500 N 5th St —
Jason White
WhiteFlame Realty
214-732-1224
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 500 N 5th St
School District:Gunter Independent School District
| Name | Grades | Distance |
|---|---|---|
Gunter Elementary School 200 West Elm Street, Gunter, TX 75058 | PK-4 | 0.5 mi |
Gunter Middle School 410 Tiger Lane, Gunter, TX 75058 | 5-8 | 0.5 mi |
Gunter High School 1102 N Preston Rd, Gunter, TX 75058 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 N 5th St
Tax History
Tax History for 500 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,361
-8%
$153,680
1%
2023
$3,664
-20%
$152,837
-9%
2022
$4,566
—
$167,874
-13%
2022
$4,566
41%
$192,000
54%
2021
$3,231
127%
$124,644
80%
2020
$1,425
-17%
$69,388
10%
2019
$1,712
5%
$62,923
10%
2018
$1,630
4%
$57,203
3%
2017
$1,567
-1%
$55,356
1%
2016
$1,589
—
$55,047
—
2015
$1,593
—
$54,848
—
2014
$1,593
1%
$54,848
—
2013
$1,582
—
$54,848
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 N 5th St
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
Listed by Theresa Hoedebeck (469) 879-5118
500 N 5th Street, Gunter, TX 75058 (MLS# 21050707) is a Single Family property with 2 bedrooms and 1 full bathroom. 500 N 5th Street is currently listed for $220,000 and was received on September 04, 2025. Want to learn more about 500 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Gunter? You can browse all Gunter real estate or contact a Coldwell Banker agent to request more information.