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2021 Brick Duplex with Two Units
For Sale
$459,000

516-518 Wood Drive, Gunter, TX 75058

ResidentialIncome, Gunter, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market46

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 4, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 4
Parking 4
Parking features Garage, Open, Driveway
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 Ceiling Fan(s), Central Air, Electric
Water source Public

Amenities

covered rear porch
wood fence

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl, Tile
Building materials Brick
Roof type Composition
Listing Agency: Mauzy Realty
Listed By: Charles Mauzy · License #0425036
Added: Aug 4 Changed: Sep 15 Last Checked: Sep 18 at 6:06PM
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 spacious rear primary suites with dual sinks and two walk-in closets. Private fenced backyards and covered rear porches extend the living area outdoors.

The property occupies 0.282 acres at 516-518 Wood Drive in Gunter, near Downtown Gunter and within reach of Sherman, Frisco, US 75, the Dallas North Tollway, and Highway 289. Public water and sewer serve the property, with central air, electric heat, open parking, garages, and driveways. The units were refreshed before new tenants moved in; 516 Wood has laminate flooring in the bedrooms installed in April 2026.

Key Highlights

  • 2021 one‑story brick duplex with two residences
  • Each unit includes 3 bedrooms, 2 bathrooms, and an identical floor plan
  • 0.282‑acre property at 516‑518 Wood Drive, Gunter, TX 75058

Property Analytics

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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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

83
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two refreshed residences offer matching layouts, private fenced yards, covered porches, and proximity to Downtown Gunter.
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 $459,000.
What are key features of this property?
This property features: 2021 one‑story brick duplex with two residences; Each unit includes 3 bedrooms, 2 bathrooms, and an identical floor plan; 0.282‑acre property at 516‑518 Wood Drive, Gunter, TX 75058
More about this property
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