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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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500 N 5th St , Gunter, TX 75058
$204,999
Est. Payment: $1,055.42/mo
2 Bed
1 Bath
925 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Jason White , WhiteFlame Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.13

Year Built

1977

County

Grayson

Neighborhood

Gunter Suppl Add

School District

Gunter ISD

Listing ID

21336731

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Range, Refrigerator
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Ceramic Tile,Laminate,Wood
Other:
  • Additional:Cable TV Available, High Speed Internet Available, Natural Woodwork, Open Floorplan, Paneling, Master on Main

Exterior Features

Lot:Cleared,Corner Lot,Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • Additional:Rain Gutters, Storage, Preowned
Parking Features:Carport,No Garage,Outside
Principal Interest
$1,055
Taxes
$131

Home Price

$204,999

Loan Details

30 yrs
6.674%

Down Payment

20%
$41,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,055.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,055.42 $130.69 $0.00 $1,186.11
Yearly $12,665.09 $1,568.24 $0.00 $14,233.33
Total $379,952.60 $47,047.27 $0.00 $426,999.87

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Gunter, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

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