500 5th Street

About this home

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.