506 MEADOW DRIVE, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
506 Meadow Drive
Gainesville, TX 76240
List Price$230,000
Listing #21193787
About This Property
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.
Property Features
Location Information
County
Cooke
Subdivision
Joy Acres
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Dining Room, First Floor Living Room, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom
Has Fireplace
No
Interior
Built-in Features, High Speed Internet, Open Floorplan, Paneling/Wainscoting
Number of Fireplaces
0
Master Bedroom Description
1 x 1
Cooling
Central Air, Electric, ENERGY STAR Qualified Equipment
Full Baths
1
Laundry
Washer Hookup, Dryer Hookup, ElectricDryer Hookup, GasDryer Hookup, In Garage
Dining Room Description
1 x 1
Appliances
Some Gas Appliances, Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Plumbed For Gas
Living Room Description
1 x 1
Exterior Features
Style
Early American, Detached
Parking Description
Attached Carport, Additional Parking, Concrete
Stories
1
Garage Spaces
2
Construction
Brick
Fencing
Chain Link
Foundation
Slab
Pool Description
None
Roof
Asphalt
Lot Size in Acres
0.19
Water / Sewer
Cable Available, Sewer Available, Water Available
Lot Size in Sq. Ft.
8,276
Utilities
Cable Available, Sewer Available, Water Available
Is One Story
Yes
School
Elementary School District
Gainesville ISD
High School
Gainesvill
Elementary School
Edison
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
3091.0
Year Built
1959
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$1,072
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$828
Monthly Tax
$191
Monthly Insurance
$53
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
Trent Trubenbach, Scribner Real Estate, INC
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NTREIS - North Texas data last updated at March 7, 2026, 11:45 AM CT
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