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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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516-518 Wood Dr , Gunter, TX 75058
$465,000
Est. Payment: $2,394.02/mo
6 Bed
4 Bath
2554 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

This 2021 one-story brick full duplex sits on a large lot and is conveniently located just a few blocks from Downtown Gunter. It's an excellent investment opportunity, ideal for a 1031 exchange or for a buyer who wants to live in one unit while renting out the other. Each unit features an identical three-bedroom, two-bathroom floor plan with high-end finishes throughout. Highlights include tall ceilings and a spacious primary suite in the rear, complete with dual sinks and two large walk-in closets. The kitchen boasts stylish cabinetry, granite countertops, and stainless steel appliances, including a built-in microwave. The spacious backyards are perfect for outdoor activities and both include a covered rear porch and wood fence. The carpet was replaced with nice laminate flooring in the bedrooms of 516 Wood in April 2026 & both units were refreshed before new 2026 tenants moved in. 516 Wood is leased for $1650 per month through 04-30-2027. 518 Wood is leased for $1700 through 12-31-2026 Gunter, Texas, is a rapidly growing small town with a family-friendly atmosphere, offering a tranquil rural feel with modern amenities, excellent schools, and proximity to Sherman, Frisco & US 75, the Dallas North Tollway, and Highway 289

Highlights

Listed by Charles Mauzy , and Mark Chester , Mauzy Realty , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

2021

County

Grayson

Neighborhood

Gunter Town Center Add Ph I

School District

Gunter ISD

Listing ID

21349908

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Disposal, Electric Range
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank,Tile
Other:
  • Additional:Cable TV Available, Granite Counters, Walk-In Closet(s)

Exterior Features

Lot:Interior Lot,Landscaped,Lrg. Backyard Grass
Lot Dimensions:76-162
Garage Capacity:4
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Driveway,Garage,Garage Door Opener,Garage Faces Front
Principal Interest
$2,394
Taxes
$715

Home Price

$465,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$93,000
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:
$2,394.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,394.02 $714.50 $0.00 $3,108.52
Yearly $28,728.26 $8,574.00 $0.00 $37,302.26
Total $861,847.90 $257,220.00 $0.00 $1,119,067.90

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: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems