500 N 5th Street

**FOR SALE OR FOR LEASE** Our preferred lender is offering a lender credit of up to 1% of the loan amount, which could lower your monthly payment** Well-maintained 2 bed, 1 bath property located near downtown Gunter with strong investment potential. Major capital improvements completed in 2020 include roof, foundation (with lifetime transferable warranty), breaker boxes, doors, water heater, exterior lighting, and more—minimizing future expenses. Recent upgrades include a new panoramic front window and French drains. No carpet and fresh interior paint. Refrigerator, washer, and dryer convey. Features an insulated ~200 sq ft detached building ideal for office or storage, plus a fenced yard and covered carport. Prime location near Preston Road, City Hall, shopping, schools, and restaurants. Zoned to award-winning Gunter ISD. Property may offer future upside with potential rezoning to multi-family or duplex use, subject to city approval. Ideal for buy-and-hold or redevelopment investors.