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Property view
Listing view 2
Listing view 3

500 N 5th Street, 
Gunter, TX 75058

$204,999


2

Beds


1

Bath


925

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Jason White

Whiteflame Realty

Last updated:

September 5, 2026, 11:53 AM

MLS#

21336731

Source:

GDAR

About This Home

500 N 5th Street

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1977

Subdivision & Development:

Gunter Suppl Add

Price Summary

204,999

$221 per Sq. Ft.

MLS #:

21336731

Last Updated:

September 5, 2026, 11:53 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

925 Sq. Ft.


Structure

Structure

Building Area:

925 Sq. Ft.

Year Built:

1977


Lot

Lot Size (Sq. Ft):

5,793


Finances & Disclosures

Finances

Price:

$204,999

Price per Sq. Ft:

$221 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 5, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Benton Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.