$230,000

506 Meadow Drive, Gainesville, TX 76240

3 beds |
1 bath |
1,190 sqft

Single-Family Home
Built in 1959
8,276sqft lot
—— car garage
$193/sqft
Listed 27 days ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 2:20AM
Listing Office:: Scribner Real Estate, INC : 940-440-4200
Listing Agent:: Trent Trubenbach :
MLS ID:: 21193787

General: Built-in FeaturesHigh Speed InternetOpen FloorplanPaneling/Wainscoting
Appliances: Some Gas AppliancesDishwasherElectric CooktopElectric OvenGas CooktopDisposalGas OvenGas Water HeaterPlumbed For Gas
Laundry: Washer HookupDryer HookupElectricDryer HookupGasDryer HookupIn Garage
A/C: Central AirElectricENERGY STAR Qualified Equipment
Fireplace: Fireplaces: 0

Style: Early AmericanDetached
Pool: None
Parking: Attached CarportAdditional ParkingConcrete

Roofing: Asphalt
General: Brick1Slab

Originating MLS: NTR
School District: Gainesville ISD
County: Cooke

Zoning: JOY ACRES; BLOCK 6; LOT 22 N 63' & S 3' OF 2311816
Fencing: Chain Link

Utilities: Cable AvailableSewer AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: NTR

This listing courtesy of Trent Trubenbach , Scribner Real Estate, INC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Edison Elementary School

1 Edison Dr, Gainesville, TX, 76240

Grades PK-1

0.32 miles away

Gainesville Jr High School

1201 S Lindsay St, Gainesville, TX, 76240

Grades 7-8

1.01 miles away

Gainesville High School

2201 S Interstate 35, Gainesville, TX, 76240

Grades 9-12

2.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.