$495,000

213 W Cedar St Gunter, TX 75058

Estimated payment $3,103/month

Total Views 939
8 Beds
6 Baths
3,870 Sq Ft
$128 Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Corner Lot
  • 1-Story Property
  • Gunter Elementary School Rated A
  • Accessible Approach with Ramp
  • Central Heating and Cooling System

About This Home

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.

Listing Agent

Jason White

WhiteFlame Realty Brokerage Phone: 214-732-1224 License #0612052 Listed on: 11/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Interior Lot

Parking

  • 4 Carport Spaces

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Accessible Home Design

  • Accessible Approach with Ramp

Schools

  • Gunter Elementary School
  • Gunter High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 27
  • Assessor Parcel Number 376021

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 3,870 Sq Ft Building
  • Gunter Suppl Add Subdivision

Building Details

  • Gross Income $41,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1985

Lot Details

0

Listing Details

  • OWNERNAME: Svane
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built Details: Preowned
  • Attribution Contact: 214-732-1224
  • Co List Office Mls Id: WFR01C
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:376021
  • Special Features: VirtualTour
  • Year Built: 1985

Interior Features

  • Fireplace Features: Other
  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Pillar/Post/Pier, Slab
  • Fencing: None
  • Roof: Composition
  • Exterior Features: Other
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Carport Spaces: 4.0
  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Fireplace(s), Natural Gas
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Gunter
  • High School: Gunter
  • Junior High Dist: Gunter ISD

Lot Info

  • Lot Features: Corner Lot, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.499
  • Parcel Number: 376021
  • Lot Size Acres: 0.499
  • Lot Size Sq Ft: 21736.44

Building Info

  • Year Built: 1985
  • Units Total: 4
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 27
  • Tax Lot: 3
  • Tax Annual Amount: 5922.0

Multi Family

  • Annual Gross Income: 41340.0

MLS Schools

  • MiddleOrJuniorSchool: Gunter

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,706 $127,240 $64,207 $63,033
2024 $2,706 $123,042 $64,207 $58,835
2023 $2,312 $105,917 $51,294 $54,623
2022 $2,156 $90,671 $23,733 $66,938
2021 $1,692 $63,159 $15,822 $47,337
2020 $1,314 $48,268 $11,892 $36,376
2019 $1,392 $48,867 $11,892 $36,975
2018 $1,260 $44,508 $8,574 $35,934
2017 $1,732 $60,000 $8,574 $51,426
2016 $1,301 $45,075 $12,249 $32,826
2015 $0 $45,448 $8,574 $36,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $495,000 -- $128 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Reunion Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,500 New Conventional
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21102609

North Texas Real Estate Information Systems (NTREIS)

APN: 376021

Texas Grayson County Gunter 75058

213 W Cedar St, Gunter, TX

For Sale

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Listing Agent
Jason White
Section Image
WhiteFlame Realty
(903) 858-6350