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
Seller financing available. Owner is willing to carry the loan at an owner-financed price of $500,000, with 25% down at a 7.5% interest rate, making this an excellent opportunity for both investors and owner-occupants. Prime investment opportunity in the heart of Gunter—this 2018 full duplex is offered as a package and features a total of 6 bedrooms, 4 full bathrooms, and a 2-car garage (1-car garage per unit). Each side offers 3 bedrooms and 2 baths with open, functional layouts, modern construction, durable finishes, and low-maintenance design. Both units are move-in ready, featuring fresh interior paint and brand-new carpet, ideal for a buyer planning to live in one unit while immediately renting out the other. Tenants will appreciate the private garages, generous living spaces, and convenient location near schools, shopping, dining, and Preston Road for easy commuting. With Gunter’s continued growth and strong rental demand, this property offers strong cash-flow potential and long-term appreciation. Buyer and buyer’s agent to verify all information, including schools, measurements, and rental details.

Gunter is located in Texas. Gunter, Texas has a population of 1,957. Gunter is more family-centric than the surrounding county with 40.33% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Gunter, Texas is $98,000. The median household income for the surrounding county is $62,078 compared to the national median of $69,021. The median age of people living in Gunter is 34.8 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 42 inches per year, with 1.5 inches of snow per year.