1520 OLIVE STREET, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
1520 Olive Street
Gainesville, TX 76240
List Price$283,500
Listing #21028111
About This Property
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!
Property Features
Location Information
County
Cooke
Subdivision
Toby T
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Dining Room, First Floor Full Bath, First Floor Kitchen, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom
Has Fireplace
No
Interior
Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Cable TV
Number of Fireplaces
0
Master Bedroom Description
13 x 13
Heating
Central, Electric
Full Baths
2
Cooling
Central Air, Ceiling Fan(s), Electric
Dining Room Description
12 x 11
Floors
Carpet, Hardwood, Vinyl
Living Room Description
18 x 15
Laundry
Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Kitchen Description
19 x 10
Appliances
Some Gas Appliances, Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Gas, Refrigerator, Washer
Exterior Features
Style
Traditional, Detached
Fencing
Chain Link, Fenced, Gate
Stories
1
Patio / Deck Description
Rear Porch, Front Porch
Construction
Wood Siding
Pool Description
None
Exterior
Rain Gutters
Other Structures
Shed(s), Storage
Foundation
Pillar/Post/Pier
Lot Description
Back Yard, Cleared, Corner Lot, Lawn, Few Trees
Roof
Composition
Lot Size in Acres
0.78
Water / Sewer
Electricity Available, Sewer Available, Water Available, Cable Available
Lot Size in Sq. Ft.
33,976
Utilities
Electricity Available, Sewer Available, Water Available, Cable Available
Green Energy Features
Appliances
Security System
Carbon Monoxide Detector(s), Smoke Detector(s)
Is One Story
Yes
Parking Description
Driveway, Open, Oversized, On Street
Lot Description
Back Yard, Cleared, Corner Lot, Lawn, Few Trees
Garage Spaces
0
Windows Description
Bay Window(s)
School
Elementary School District
Gainesville ISD
High School
Gainesvill
Elementary School
Chalmers
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
3527.0
Year Built
1947
Documents Available
Aerial
Similar Listings
Mortgage Calculator
$1,323
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,021
Monthly Tax
$236
Monthly Insurance
$66
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jasmine Jones, Real Estate Shoppe TX, LLC
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NTREIS - North Texas data last updated at November 24, 2025, 6:11 PM CT
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