Listed By:
Scribner Real Estate, INC
Address
506 Meadow Drive, Gainesville, TX
Price
$ 230,000
Property Attributes
  • MLS#21193787
  • TypeSingle Family
  • Listing Status Active
  • CountyCOOKE
  • CityGainesville
  • NeighborhoodJoy Acres
  • Zip76240
  • StyleEarly American
  • Year Built1959
  • Taxes$ 3091
  • Price$ 230,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1190
  • Lot Size0.19 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Recently remodeled and move-in ready, this 3-bedroom, 1-bath home offers a strong opportunity for both homeowners and investors. The property has been completely remodeled within the last year, giving buyers the benefit of updated finishes and improved functionality without the typical renovation costs. Inside, you’ll find a large primary living area plus a secondary living space, providing flexibility for a second family room, game room, office, or additional rental value potential. The layout makes the home feel spacious and adaptable for a variety of living arrangements. Situated on a good-sized lot, the property also features a two-car carport and plenty of outdoor space. With the recent remodel already completed, this home presents an excellent turn-key rental opportunity or low-maintenance investment in a growing area of Gainesville. Conveniently located near schools, shopping, and local amenities, 506 Meadow delivers updated living, solid rental potential, and long-term value.

Elementary School
Edison Elementary School
Price History
3/7/2026 Listed $230,000

General Features

Cooling Central Air,Electric,ENERGY STAR Qualified Equipment
Utilities Cable Available,City Sewer,City Water
Possession Closing/Funding
Roof Asphalt
Appliances Dishwasher,Disposal,Electric Cooktop,Electric Oven,Gas Cooktop,Gas Oven,Gas Water Heater,Plumbed For Gas in Kitchen
School District Gainesville ISD
Year Built 1959
Architectural Style Early American
Levels One
Unexempt Taxes 3091
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Joy Acres
Transaction Type For Sale
Carport Spaces 2
County Cooke
Property Type Residential
Construction Materials Brick
HOA Type None
Full Baths 1
Status Active
Directions google will get you there
City Gainesville
Elementary School Name Edison
High School Gainesvill
Elementary School Edison
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21193787
Standard Status Active
Junior High School Gainesvill
Listing Terms Conventional,FHA,Texas Vet,VA Loan

Interior Features

Interior Features Built-in Features,High Speed Internet Available,Open Floorplan,Paneling
Dining Areas 1
Living Areas 2
Room Count 7
Lock Box Type Blue BT LE
Total Bedrooms 3
Total Baths 1
Laundry Features Electric Dryer Hookup,Gas Dryer Hookup,In Garage,Full Size W/D Area,Dryer Hookup,Washer Hookup

Exterior Features

Fencing Chain Link
Lot Size Source Assessor
Parking Features Additional Parking,Attached Carport,Concrete
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.1900
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 8276.4000
Lot Size Acres 0.1900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 76240

Price
AVG $530K
$230K
Taxes
AVG $5,173
$3,091
Year Built
AVG 1988
1959

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