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  • $200k Price
  • 2 Beds
  • 1 Bath
  • 925 Sqft
  • .13 Acres
  • 1977 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $200k Price
  • 2 Beds
  • 1 Bath
  • 925 Sqft
  • .13 Acres
  • 1977 Year Built
  • Study
  • Game Room
  • Media
  • Pool

500 N 5th Street
Gunter, Texas 75058-2116

County: Grayson Gunter Suppl Add

MOTIVATED SELLER! A rare sub-$210K opportunity in Gunter. Seller will consider assistance toward buyer closing costs or an interest-rate buydown with an acceptable offer. Situated on a corner lot near downtown, this charming 2-bedroom, 1-bath home offers an affordable entry point into Gunter ISD. Gunter High School earned an “A” rating under the Texas Education Agency accountability system. The home features abundant natural light, a panoramic front window, hard-surface flooring throughout, and no carpet. Major improvements completed in 2020 include the roof, foundation repairs with a transferable lifetime warranty, electrical breaker boxes, interior doors, water heater, garbage disposal, front and back doors, and exterior lighting. Additional improvements include French drains and fresh interior paint. The refrigerator, washer, and dryer convey—helping reduce a buyer’s initial move-in expenses. The fenced yard, covered carport, and approximately 200-square-foot insulated detached building provide valuable flexibility for storage, a workshop, or possible office. Conveniently located near Preston Road, downtown Gunter, FM 121, the Dallas North Tollway, City Hall, police and fire services, schools, shopping, and dining. Multifamily or duplex redevelopment and mid-term or short-term rental potential. Buyers should independently verify zoning, permitted uses, rental regulations, and approval requirements with the City of Gunter. Some listing photos have been virtually staged and or digitally modified to illustrate the property's potential appearance if updated; actual property condition may differ. Selling as-is.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$199,500
  • Est. Payment /m
  • Reduced By$5,499
  • Cumulative Days on MarketUnlock
  • MLS® #21336731
  • Bedrooms2
  • Bathrooms1.00
  • Square Footage925
  • Acres0.13
  • Year Built1977
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive
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Quick Valuation Analysis from 3 Active and 3 Sold Listings

Pricing Trends from 3 Active Listings in Gunter Suppl Add

This Home's Price $199,500 This Home's Price Per SqFt $
Average Price $204,830 Average Price Per SqFt $
Highest Price $249,990 Highest Price Per SqFt $
Lowest Price $165,000 Lowest Price Per SqFt $

Pricing Trends from 3 Sold Listings in Gunter Suppl Add

This Home's Price $199,500 This Home's Price Per SqFt $
Average Price $232,000 Average Price Per SqFt $
Highest Price $310,000 Highest Price Per SqFt $
Lowest Price $150,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address500 N 5th Street
  • SubdivisionGunter Suppl Add
  • CityGunter
  • CountyGrayson
  • StateTexas
  • Zip Code75058-2116
  • HOANone
  • UtilitiesCity Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter

Amenities

  • SecuritySmoke Detector(s)
  • GaragesCarport, No Garage, Outside

Interior

  • Interior FeaturesCable TV Available, High Speed Internet Available, Natural Woodwork, Open Floorplan, Paneling
  • FloorsCeramic Tile, Laminate, Wood
  • Stories1

Exterior

  • Exterior FeaturesRain Gutters, Storage
  • FenceBack Yard, Chain Link
  • Lot DescriptionCleared, Corner Lot

Construction Details / Floorplan

  • Stories1
  • Living Areas1
  • Dining Rooms1
  • Full Baths1
  • RoofComposition
  • FoundationPillar/Post/Pier
  • ConstructionBrick, Other

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Natural Gas

Private Listing Information (Registration Required)

Listing Details

  • AgentJason White
  • OfficeWhiteflame Realty

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Listing information last updated on October 20th, 2026 at 8:16am CDT.