1520 Olive Street
Gainesville, TX, 76240
$
283,500
Bedrooms3
Baths2.0
Sq
1,446
Monthly Estimate*
$
1,769
for $283,500 with 3 bedrooms and 2 full baths. This 1,446 square foot home was built in 1947 on a lot size of 0.78.
0.78-Acre Corner Lot, Move-In Ready Home with Rare Development Potential! Welcome to a property with updates you’ll love and possibilities you won’t find every day. This 3-bedroom, 2-bath, 1,446 sq ft 1947 charming home sits on a cleared, well-maintained 0.78-acre corner lot that may be eligible to split. Offering the chance to build a second home or investment property facing Gladney Street. The Sellers have done the hard work for you: refinished wood floors, freshly painted kitchen cabinets, brand-new dishwasher, microwave, new fire and smoke detectors, electrical upgrade (2023), updated HVAC (2023), and a new roof (2021). Inside, sunlight fills the living room through a sweet bay window. Two bookcases (included in the sale, not built-in) add warmth and function. Also included is a full matching stainless appliance package (refrigerator, microwave, range, dishwasher) plus washer & dryer, making this home truly turn-key. Outside, you’ll find three storage sheds and a backyard electrical pole along the middle fence line, perfect for hobbies, projects, or future development needs. Whether you’re a buyer seeking space for life’s next chapter or an investor looking for both immediate and long-term value, this property offers the perfect blend of charm, modern updates, and opportunity. Schedule a showing today!
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Features
Interior
Interior Features
Built-in Features
Cable TV Available
Chandelier
Decorative Lighting
Flooring
Carpet
Hardwood
Vinyl
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
3
Total Baths
2
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General
Heating
Central
Electric
Cooling
Ceiling Fan(s)
Central Air
Electric
Utilities
City Sewer
City Water
Electricity Available
Possession
Closing/Funding
Roof
Composition
Appliances
Dishwasher
Dryer
Electric Oven
Electric Range
Electric Water Heater
Microwave
Plumbed For Gas in Kitchen
Refrigerator
Washer
School District
Gainesville ISD
Pool Y/N
0
Year Built
1947
Architctural Style
Traditional
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
Toby T
Transaction Type
For Sale
Occupant Type
Owner
County
Cooke
Property Type
Residential
Construction Materials
Siding
Wood
HOA Type
None
Special Notes
Aerial Photo
Full Baths
2
Status
Active
Directions
Utilize GPS. Sign in front corner of yard.
City
Gainesville
Elementary School Name
Chalmers
High School
Gainesvill
Elementary School
Chalmers
Standard Status
Active
Junior High School
Gainesvill
Listing Terms
Cash
Conventional
FHA
USDA Loan
VA Loan
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Exterior
Waterfront
0
Exterior Features
Rain Gutters
Lot Features
Cleared
Corner Lot
Few Trees
Lrg. Backyard Grass
Vegetation
Grassed
Partially Wooded
Fencing
Chain Link
Fenced
Gate
Other Structures
Shed(s)
Storage
Parking Features
Driveway
On Street
Open
Oversized
Lot Size
.5 to < 1 Acre
Foundation
Pillar/Post/Pier
Structural Style
Single Detached
Garage Y/N
0
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* Excluded Features
List By
Jasmine Jones
Listing Agent
Real Estate Shoppe Tx, Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $1,769
- Monthly Property Taxes
- $294
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Gainesville, TX
Average List Price
$518,433
Percent of Sale Price
83%
About Gainesville, TX
16,248
Population
4%
Since 2002
$
44,538
Median Income
34.3
Median Age
30%
Households with Children
Trends Information provided by ATTOM Data Solutions.
288432
Elementary School
3676646
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
10/3/2025
|
$283,500
|
-0.18%
|
Price Down
|
|
8/13/2025
|
$284,000
|
|
Listed Price
|