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$880,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 4.038 Acres
  • Updated 12 days ago
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Modern Country Estate on 4+ acres in the highly desirable Gunter ISD! Blending original 1930s character with a massive expansion and complete remodel, 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 for family, guests, and entertaining. A full video surveillance system is included for added peace of mind. Step outside to a private backyard oasis designed for Texas outdoor living. The property boasts a pristine dive-depth swimming pool, perfectly paired with a premier covered outdoor kitchen pavilion, creating the ultimate space for weekend entertaining and relaxed country evenings. For hobbyists, mechanics, or business owners, a massive asphalt driveway leads to a 1,200 SF detached workshop with 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. The expansive back pasture provides room for livestock, recreation, and outdoor activities, while also offering potential to explore additional homesites or structures, including possibilities for multigenerational living. A tractor and matching implements are included for turnkey land management. Livestock and animal lovers will appreciate the secure, gated 3+ acre pasture and multiple barns. You can also cast a line in your own backyard from a private, lined, fully stocked pond teeming with bass, crappie, and catfish. Located just minutes from downtown Gunter and zoned for highly acclaimed Gunter schools, this rare estate offers an unparalleled lifestyle where modern luxury meets true country freedom.

Full Property Details for 518 E College St

General

  • Price: $880,000
  • Taxes: $14,909
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21288384
  • Updated: 9/27/2026
  • Added to Site: 107 day(s) ago

Interior

  • Interior Features: Built-in Features, Granite Counters, High Speed Internet, Cable TV
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Flooring: Luxury Vinyl Plank, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Diving Board, In Ground, Pool, Private

Exterior

  • Porch/Patio/Deck: Covered, Front Porch

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Attached Carport, Additional Parking, Asphalt, Parking Pad

Location

  • County: Grayson
  • Subdivision: Russo 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), Electric
  • Heating Type: Central, Electric

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
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 2
  • Living Area: 3,894 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1930

Additional Structures

  • Other Structures: Outbuilding, Outdoor Kitchen, Storage, Workshop

Lot Features

  • Lot Size (Acres): 4.038
  • Lot Size (Sq. Ft.): 175,895.28
  • Lot Features: Acreage, Back Yard, Flag Lot, Lawn, Pond on Lot, Many Trees
  • Fencing (Description): Back Yard, Cross Fenced, Front Yard, Perimeter, Wood

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $14,909
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: RUSSO ADDITION, BLOCK 1, LOT 1, ACRES 4.038
  • Property ID: 350010
  • Block: 1
  • Lot Number: 1

Listed by James Spece - Realtor Inc., James Spece

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Listing agent

— 518 E College St —

  • James Spece

    James Spece - Realtor Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 518 E College St

School District:Gunter Independent School District
NameGradesDistance
Gunter Middle School
410 Tiger Lane, Gunter, TX 75058
5-80.5 mi
Gunter Elementary School
200 West Elm Street, Gunter, TX 75058
PK-41.1 mi
Gunter High School
1102 N Preston Rd, Gunter, TX 75058
9-120.6 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 518 E College St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/27/2026
Price Reduced
$880,000
-2.11%
MLS
8/23/2026
Price Reduced
$899,000
-3.33%
MLS
7/21/2026
Price Reduced
$930,000
-5.1%
MLS
6/24/2026
Listed
$980,000
—
MLS
Get Price Alerts and Save Property
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 for 518 E College St

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$688,999
10%
2023
100%
$626,363
-19%
2022
100%
$776,196
36%
2021
100%
$570,289
39%
2020
100%
$409,991
-2%
2015
-100%
$417,120
58%
2019
$7,188
5%
$264,116
10%
2018
$6,841
11%
$240,105
10%
2017
$6,181
1%
$218,277
3%
2016
$6,099
16%
$211,318
17%
2015
$5,264
50%
$181,220
6%
2013
$3,513
—
$170,529
40%
2013
$3,513
—
$121,747
—
View All
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 for 518 E College St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by James Spece - Realtor Inc., James Spece

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518 E College Street, Gunter, TX 75058 (MLS# 21288384) is a Single Family property with 4 bedrooms and 3 full bathrooms. 518 E College Street is currently listed for $880,000 and was received on June 24, 2026. Want to learn more about 518 E College 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.

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