506 Melody Lane Gainesville, TX $ 255,000
506 Melody Lane
$ 255,000
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506 Melody Lane

Gainesville, TX, 76240
$ 255,000
Bedrooms3 Baths2.0 Sq 1,464

Monthly Estimate*

$ 1,570

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Single Family Home for sale in Gainesville, TX

for $255,000 with 3 bedrooms and 2 full baths. This 1,464 square foot home was built in 1960 on a lot size of 0.216.

Welcome home to this beautifully updated 3-bedroom, 2-bath property situated on a spacious corner lot in a convenient Gainesville location. Just minutes from the elementary school, this home offers both comfort and practicality for everyday living. Inside, you’ll find numerous recent updates, including stylish new vinyl flooring throughout the main living areas, updated tile in the bathrooms, kitchen improvements, and brand-new electrical upgrades for added peace of mind. The functional floor plan provides comfortable living spaces, while the large backyard offers plenty of room for outdoor entertaining, pets, gardening, or future projects. Whether you’re a first-time homebuyer, growing family, or investor, this move-in-ready home combines modern updates, a desirable corner lot, and a convenient location all in one package.

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Single Family Active

Price

$ 255,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.216

Year Built

1960

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21294250

Features
Interior
Interior Features Cable TV Available
Flooring Luxury Vinyl Plank Tile
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
Cooling Ceiling Fan(s) Central Air
Utilities Asphalt Cable Available City Sewer City Water Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range
Number of Garage Spaces 2
School District Gainesville ISD
Pool Y/N 0
Year Built 1960
Architectural Style Traditional
Levels Two
Property Subtype Single Family Residence
Subdivision Name Joy Acres
Transaction Type For Sale
County Cooke
Property Type Residential
Construction Materials Brick Siding
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions use GPS
City Gainesville
Elementary School Name Edison
High School Gainesvill
Elementary School Edison
Standard Status Active
Junior High School Gainesvill
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 0
Fencing Back Yard
Garage Length 26
Garage Width 22
Parking Features Garage Garage Faces Side
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 506
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* Excluded Features
List By
Kimberly Cain

Listing Agent

The Real Estate Company

Broker

Affordability Calculator

$1,570
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,570
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
288099 Elementary School
3676646 Middle School
Pricing History
DatePricePrice ChangeDescription
6/6/2026$255,000 Listed Price

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506 Melody Lane, Gainesville, TX, 76240 is a Single Family Home for sale at $255,000 with 1,464 sqft and a lot size of 0.216. 506 Melody Lane has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 76240 which is in Gainesville, TX