$480,000

522-524 Wood Dr Gunter, TX 75058

Estimated payment $3,240/month

Total Views 1,743
6 Beds
2 Baths
2,554 Sq Ft
$188 Price per Sq Ft

Highlights

  • Lawn
  • Covered Patio or Porch
  • Interior Lot
  • Gunter Elementary School Rated A
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

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 designer 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 backyard is perfect for outdoor activities and includes a covered rear porch and wooden fencing. Please note that 524 Wood is currently leased until December 31, 2026, for $1,900 per month

Listing Agent

Charles Mauzy

Mauzy Realty Brokerage Phone: 214-515-5555 License #0425036 Listed on: 12/02/2025

Co-Listing Agent

Mark Chester

Mauzy Realty Brokerage Phone: 214-515-5555 License #0521602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,574

Year Built

  • Built in 2021

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gunter Elementary School
  • Gunter High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / C
  • Assessor Parcel Number 209970

Community Details

Overview

  • 2 Units
  • 2,554 Sq Ft Building
  • Gunter Town Center Add Ph I Subdivision

Building Details

  • Gross Income $22,800
  • Net Operating Income $9,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,574

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Estate of Edwina Cannaday
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 214-515-5555
  • CapRate: 1.99
  • Co List Office Mls Id: MAUZ01
  • Co List Office Phone: 214-515-5555
  • Co List Office Mls Id: MAUZ01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:209970
  • Special Features: VirtualTour
  • Year Built: 2021

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Appliances: Dishwasher, Electric Range, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Rear Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage Faces Front, Garage, Garage Door Opener, Off Street
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Features: Back Yard, Interior Lot, Lawn, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.282
  • Lot Size: 76-162
  • Parcel Number: 209970
  • Lot Size Acres: 0.282
  • Lot Size Sq Ft: 12283.92

Building Info

  • Year Built: 2021
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 4653.0
  • Annual Gross Income: 22800.0
  • Property Net Operating Income: 9573.0

Tax Info

  • TaxBlock: C
  • Tax Lot: 5
  • Tax Annual Amount: 8574.0

MLS Schools

  • MiddleOrJuniorSchool: Gunter

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $8,093 $396,240 $95,508 $300,732
2024 $8,093 $367,948 $117,158 $250,790
2023 $7,149 $327,491 $108,281 $219,210
2022 $4,698 $197,573 $50,979 $146,594
2021 $658 $24,568 $24,568 $0
2020 $575 $21,128 $21,128 $0
2019 $602 $21,128 $21,128 $0
2018 $598 $21,128 $21,128 $0
2017 $1,017 $35,255 $35,255 $0
2016 $586 $20,315 $20,315 $0
2015 $0 $18,471 $18,471 $0
2014 -- $18,471 $18,471 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $480,000 -- $188 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

About the Listing Agent

Charles Mauzy

Mauzy Realty

(903) 415-6728

Section Image

I'm Charles Mauzy, native Dallasite and residential real estate broker. Prior to starting Mauzy Realty in 2004, I had over 10 years of experience working for other Dallas area real estate brokerage firms One of the biggest decisions of your life deserves the utmost customer service and business insight, and these principles are the very cornerstone of Mauzy Realty. Active in the service and sales industry for over 15 years, including managing a large sales force, my strong business background

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21120528

North Texas Real Estate Information Systems (NTREIS)

APN: 209970