tomo logo

$230,000

Beds
2
Baths
1.0
sq ft
925

500 N 5th St, Gunter, TX 75058

500 N 5th St

Gunter, TX 75058

  • 22 days on market
Super cozy 2 bed 1 bath home located near downtown Gunter. A new panoramic front window & french drains were installed earlier this year. Breaker boxes, interior doors, water heater, garbage disposal, front & back doors, exterior lights, and roof were all replaced in 2020. Fridge, washer, and dryer included. No carpet, fresh paint. Insulated 200 sqft exterior building excellent for storage or office space. Fenced yard, covered carport. Close to Preston Road, City Hall, shopping, schools, & restaurants. Award-winning Gunter ISD. Photos of the home are from the prior tenant. Great starter home or investment opportunity. Property could be rezoned to Multi-Family with city approval. The owner will consider leasing for $1650 per month.

Details

Property type

Single Family Residence

Est. home value

$215,463

Lot size

5,793.48 sq ft

Price per sq ft

$249

Year built

1977

Price History

01/03/2025
NTREIS

NTREIS #20808766

Listed
$230,000
05/14/2021
NTREIS

NTREIS #14558088

Removed
08/11/2020
NTREIS

NTREIS #14363837

Removed

Schools & Community

Elementary school: 

Gunter

Middle school: 

Gunter

High school: 

Gunter

School district: 

Gunter ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$85,663
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$125,937
Cash to seller
$85,663

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$127,500

Est. remaining balance

$125,937

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Sean Michael Cassidy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/26/2025 at 12:35 AM

Listing updated: 01/04/2025 at 1:13 AM

Listed by: Jason White, WhiteFlame Realty Phone #: (214) 732-1224

MLS: NTREIS #20808766

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