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    516-518 Wood Dr Gunter, TX 75058

    For Sale
    $480,000

    Duplex - Gunter, TX

    Type:Duplex
    Property size:
    2,554 SF
    Lot size:
    0.28 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 516-518 Wood Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    209969
    Parking
    4
    Parking features
    Driveway, Garage
    Interior features
    Cable Tv Available, Walk-in Closet(s)
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Range, Washer
    Size
    2,554 SF
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2021
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Mauzy Realty (214) 515-5555

    Listing agent Charles Mauzy (214) 515-5555 License #0425036

    Listing date Dec 3, 2025

    MLS# 21120525 Listing URL

    Copyright © 2025 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.

    Overview

    Gunter Duplex: Investment Opportunity

    This one-story brick duplex, constructed in 2021, is situated on a sizable lot a few blocks from Downtown Gunter. The property presents an investment opportunity suitable for a 1031 exchange or for an owner-occupant seeking rental income. Each unit features an identical three-bedroom, two-bathroom layout with designer finishes. Interior features include tall ceilings and a primary suite located at the rear of each unit, equipped with dual sinks and two walk-in closets. The kitchens are appointed with cabinetry, granite countertops, and stainless steel appliances, including a built-in microwave. The property includes a spacious backyard suitable for outdoor activities, along with a covered rear porch and wooden fencing. The property size is 2554 square feet and the lot size is 0.282 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.745592
    Latitude
    33.457037

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    FAQs

    What type of property is this?
    Duplex - 2021 duplex near downtown Gunter, ideal for investment.
    Where is this duplex located?
    The property is located at 516-518 Wood Dr Gunter, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Built in 2021: Modern construction and updated features.; - Full duplex: Investment opportunity for rental income or owner-occupancy with rental potential.; - Located near Downtown Gunter: Convenient access to amenities and services.
    (214) 515-5555
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516-518 Wood Dr Gunter, TX 75058
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