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$212,000
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Property Description
**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.
Full Property Details
Full Property Details for 500 N 5th St
General
- Price: $212,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21225265
- Updated: 4/20/2026
- Added to Site: 54 day(s) ago
Interior
- Interior Features: High Speed Internet, 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
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, No Garage, Outside
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
- Legal Description: GUNTER SUPPLEMENTARY ADDN, BLOCK 28, LOT S 57
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 151768
- Block: 28
Listed by WhiteFlame Realty, Jason White
Get 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 N 5th St
Date
Details
Price
Change
Source
4/01/2026
Listed
$212,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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
500 N 5th Street, Gunter, TX 75058 (MLS# 21225265) is a Single Family property with 2 bedrooms and 1 full bathroom. 500 N 5th Street is currently listed for $212,000 and was received on April 01, 2026. 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.

