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Brick Duplex with Identical Floor Plans
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 Market17

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

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile, Vinyl
Building materials Brick
Roof type Composition
Listing Agency: Mauzy Realty
Listed By: Charles Mauzy · License #0425036
Added: Aug 4 Last Checked: Aug 20 at 8:06PM
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.

Completed in 2021, this one-story brick duplex contains two matching three-bedroom, two-bathroom residences. 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. Each residence also includes a covered porch, wood-fenced backyard, garage, driveway, and access to public water and sewer. Central air conditioning, electric heat, and ceiling fans serve the property.

The duplex is located 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. The 0.282-acre lot provides outdoor space for both units. Unit 516 has laminate flooring in the bedrooms following an April 2026 replacement, and both residences were refreshed before their 2026 tenants began occupancy. Current lease terms extend through 04-30-2027 for 516 Wood and 12-31-2026 for 518 Wood.

Key Highlights

  • Two‑unit duplex built in 2021 on a 0.282‑acre lot
  • Matching three‑bedroom, two‑bathroom layouts in both residences
  • One‑story brick construction with garages, driveways, and open parking

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

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

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 units offer granite kitchens, fenced yards, and covered rear porches near downtown.
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; Matching three‑bedroom, two‑bathroom layouts in both residences; One‑story brick construction with garages, driveways, and open parking
More about this property
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