213-215 W Cedar Street, Gunter, TX 75058 - MLS#21102609

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Rhonda Brown

rhonda.brown@c21bowman.com +1(214) 414-2002

$495,000

Est. payment - /mo

8 Beds

6 Baths

0.5 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Gunter Suppl Add

MLS Listing ID 21102609

Bedrooms 8

Full Baths 6

HOA Y/N None

Total Fin. Sqft 3870

Year Built 1985

Annual Tax Amount $5,922

Lot Size 0.499 Acres

Acres 0.499

Property Sub-Type Duplex

Property Description

Excellent investment opportunity located in the heart of Gunter. This package includes two duplexes—213–215 W. Cedar Street and 217–219 W. Cedar Street—for a total of four rental units, ALONG with an unimproved 0.166-acre lot offering future development potential. Two of the units feature 2 bedrooms and 1 bath (approximately 924 sq. ft. per side), while the other two units offer 2 bedrooms and 2 baths (approximately 1,020 sq. ft. per side). All units are currently leased with reliable tenants. 215 and 217 W. Cedar Street are under one-year leases, while 213 and 219 W. Cedar Street are leased month-to-month. Recent improvements include new roofs, updated exterior paint, and covered carports. Conveniently situated near Preston Road, Gunter High School, and Gunter Middle School, this package provides consistent rental income and potential for future expansion on the vacant lot. Showings are available only after an executed contract. Please do not disturb tenants.

Location

State TX

County Grayson

Direction GPS

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central, Fireplace(s), Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Vinyl

Fireplaces Number 2

Fireplaces Type Other

Appliance Other

Heat Source Central, Fireplace(s), Natural Gas

Exterior

Exterior Feature Other

Carport Spaces 4

Fence None

Utilities Available City Sewer, City Water

Roof Type Composition

Accessibility Accessible Approach with Ramp

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot, Interior Lot

Story One

Foundation Pillar/Post/Pier, Slab

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Gunter

Middle Schools Gunter

High Schools Gunter

School District Gunter Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Flood Plain, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21102609

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jason White • WhiteFlame Realty

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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213-215 W Cedar Street Gunter, TX 75058

Rhonda Brown

Key Details

Location

Interior

Exterior

Building

Schools

Others

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