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Brick Duplex with Two Units
New
For Sale
$465,000

516-518 Wood Drive, Gunter, TX 75058

MULTI_FAMILY - Gunter, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market1

Property Features for 516-518 Wood Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 1
Parking 4
Parking features Open, Driveway, Garage
Interior features GraniteCounters, CableTv, WalkInClosets
Appliances Dishwasher, ElectricRange, Disposal
Subdivision Gunter Town Center Add Ph I
Lot features Back Yard, Interior Lot, Lawn, Landscaped
Elementary school Gunter
Middle school Gunter
High school Gunter
Elementary school district Gunter ISD
Middle school district Gunter ISD
High school district Gunter ISD
Directions gps
Standard status Active
APN 209969
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description GUNTER TOWN CENTER ADDN PHASE ONE, BLOCK C, L
Tax Annual Amount 8574
Legal Description GUNTER TOWN CENTER ADDN PHASE ONE, BLOCK C, L

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air, Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet, Tile
Building materials Brick
Roof type Composition
Listing Agency: Mauzy Realty
Listed By: Charles Mauzy · License #0425036
Added: Aug 4 Last Checked: Aug 4 at 3:06PM
MLS# 21349908

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2021, this one-story brick duplex contains two matching residences, each arranged with three bedrooms and two bathrooms. Both units feature tall ceilings, granite kitchen counters, stainless steel appliances, stylish cabinetry, and rear primary suites with dual sinks and two walk-in closets. Covered porches and fenced backyards provide dedicated outdoor space for each residence. The bedrooms at 516 Wood have laminate flooring installed in April 2026, and both units were refreshed before their 2026 tenants moved in.

The property occupies 0.282 acres at 516-518 Wood Drive in Gunter, a few blocks from Downtown Gunter. Public water and sewer serve the property, with driveway, open, and garage parking. The lease at 516 Wood extends through 04-30-2027, while 518 Wood is leased through 12-31-2026. Access to Sherman, Frisco, US 75, the Dallas North Tollway, and Highway 289 is also noted.

Key Highlights

  • Two‑unit duplex built in 2021 on a 0.282‑acre lot
  • Each residence includes 3 bedrooms and 2 bathrooms
  • One‑story brick construction with covered rear porches and wood‑fenced backyards

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 75058, TX

3,799
Population
1,265
Households
3
Avg Household Size
37
Median Age
47%
College-Educated
86%
High-School Grad
53.8 sq mi
ZIP Area
71
Density / Sq Mi
$117,689
Median Household Income
$40,000
Median Earnings
$1,398
Median Rent
$467,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer three bedrooms, two baths, and private fenced outdoor areas.
Where is this duplex located?
The property is located at 516-518 Wood Drive Gunter, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2021 on a 0.282‑acre lot; Each residence includes 3 bedrooms and 2 bathrooms; One‑story brick construction with covered rear porches and wood‑fenced backyards
More about this property
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