Gunter, TX 75058 213-215 W Cedar Street
$495,000



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Presented By: Jason White with WhiteFlame Realty; 214-732-1224
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Jason White with WhiteFlame Realty; 214-732-1224
Interior Features for 213-215 W Cedar Street
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
Basement Y/NNo
Fireplace FeaturesOther
Fireplaces Total2
FlooringCarpet, Vinyl
Interior FeaturesCable TV Available, High Speed Internet Available
Lock Box TypeNone
Total Units4
Unit Count2
General for 213-215 W Cedar Street
# of Buildings2
Accessibility FeaturesAccessible Approach with Ramp
Accessory Unit Y/NNo
AppliancesOther
Capitalization Rate0.00
Carport Spaces4
CityGunter
Complex Name213-219
Construction MaterialsSiding
CoolingCeiling Fan(s), Central Air
CountyGrayson
DirectionsGPS
Elementary SchoolGunter
Elementary School NameGunter
Exclusionspersonal property of current tenants
Full Baths6
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Fireplace(s), Natural Gas
High SchoolGunter
Insurance Expense
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesOther
Pool Y/NNo
PossessionLease Outstanding, Subject to Lease
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictGunter ISD
Security FeaturesUnknown
Special NotesFlood Plain, Survey Available
Standard StatusActive
StatusActive
Subdivision NameGunter Suppl Add
TenancyMonth to Month, Over 9 Months
Unexempt Taxes5922
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1985
Year Built DetailsPreowned
Exterior for 213-215 W Cedar Street
Attached Garage Y/NNo
Building Area Total3870.00
Covered Spaces4
Exterior FeaturesOther
FencingNone
Foundation Pillar/Post/Pier, Slab
Garage Y/NNo
Lot FeaturesCorner Lot, Interior Lot
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.4990
Lot Size Area0.4990
Lot Size SourceOther
Lot Size Square Feet21736.4400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesCarport
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Gunter Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner
