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$980,000
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Property Description
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.
Full Property Details
Full Property Details for 518 E College St
General
- Price: $980,000
- Taxes: $14,909
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21288384
- Updated: 6/24/2026
- Added to Site: 12 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
Get Pre-Approved Today
Schools
Schools serving 518 E College St
School District:Gunter Independent School District
| Name | Grades | Distance |
|---|---|---|
Gunter Middle School 410 Tiger Lane, Gunter, TX 75058 | 5-8 | 0.5 mi |
Gunter Elementary School 200 West Elm Street, Gunter, TX 75058 | PK-4 | 1.1 mi |
Gunter High School 1102 N Preston Rd, Gunter, TX 75058 | 9-12 | 0.6 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
Date
Details
Price
Change
Source
6/24/2026
Listed
$980,000
—
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 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
—
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 518 E College St
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 $980,000 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.

