506 Meadow Drive Gainesville, TX $ 230,000
506 Meadow Drive
$ 230,000
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506 Meadow Drive

Gainesville, TX, 76240
$ 230,000
Bedrooms3 Baths1.0 Sq 1,190

Monthly Estimate*

$ 1,416

506 Meadow Drive, Gainesville, TX 76240 - Image 1
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506 Meadow Drive, Gainesville, TX 76240 - Image 3
506 Meadow Drive, Gainesville, TX 76240 - Image 4
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506 Meadow Drive, Gainesville, TX 76240 - Image 9
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506 Meadow Drive, Gainesville, TX 76240 - Image 11
506 Meadow Drive, Gainesville, TX 76240 - Image 12
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Single Family Home for sale in Gainesville, TX

for $230,000 with 3 bedrooms and 1 full bath. This 1,190 square foot home was built in 1959 on a lot size of 0.19.

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.

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Single Family Active

Price

$ 230,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 3,091

Style

Early American

Lot Size

0.19

Year Built

1959

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21193787

Features
Interior
Interior Features Built-in Features High Speed Internet Available Open Floorplan Paneling
Basement Y/N 0
Dining Areas 1
Living Areas 2
Half Baths 0
Total Bedrooms 3
Total Baths 1
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Exterior
Waterfront 0
Fencing Chain Link
Lot Size Source Assessor
Parking Features Additional Parking Attached Carport Concrete
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 0
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General
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
Pool Y/N 0
Year Built 1959
Architectural Style Early American
Levels One
Property Subtype Single Family Residence
Subdivision Name Joy Acres
Transaction Type For Sale
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
Standard Status Active
Junior High School Gainesvill
Listing Terms Conventional FHA Texas Vet VA Loan
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Internal Only
Street Number 1 506
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* Excluded Features
List By
Trent Trubenbach

Listing Agent

Scribner Real Estate, Inc

Broker

Affordability Calculator

$1,674
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$258
Monthly Home Insurance
--
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
3/7/2026$230,000 Listed Price

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506 Meadow Drive, Gainesville, TX, 76240 is a Single Family Home for sale at $230,000 with 1,190 sqft and a lot size of 0.19. 506 Meadow Drive has 3 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 76240 which is in Gainesville, TX