Listing provided courtesy of Scribner Real Estate, INC- MLS# 21193787MLS ProviderContact Information: Trent Trubenbach - 940-440-4200

506 Meadow DriveGainesville, TX 76240

Single Family · 3 Beds · 1 Full Bath · 1,190 Sq. ft. | 0.19 Acres
$230,000 Active

506 Meadow Drive Overview

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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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506 Meadow Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,190
  • Price/Sq.ft. $193
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Gainesville ISD
  • Elementary School: Edison
  • Middle Or Junior School: Gainesvill
  • High School: Gainesvill

Building Information

  • Year Built: 1959

Location/Region

  • Country: US
  • County Or Parish: Cooke
  • Postal City: GAINESVILLE
  • Subdivision Name: Joy Acres

Tax Information

  • Tax Annual Amount: 3091.0

General Information

  • Listing Terms: Conventional,FHA,Texas Vet,VA Loan
  • Parcel Number: 11816
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3

General Information

  • Appliances: Some Gas Appliances,Dishwasher,Electric Cooktop,Electric Oven,Gas Cooktop,Disposal,Gas Oven,Gas Water Heater,Plumbed For Gas
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Slab
  • Interior Features: Built-in Features,High Speed Internet,Open Floorplan,Paneling/Wainscoting
  • Laundry Features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,GasDryer Hookup,In Garage
  • Levels: One
  • Living Area: 1190.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Attached Carport,Additional Parking,Concrete

Lot Information

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8276.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Early American,Detached
  • Construction Materials: Brick
  • Property Attached: No
  • Roof: Asphalt
  • Structure Type: House

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 2.0
  • Fencing: Chain Link
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available,Sewer Available,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Features: Walk-In Closet(s)

Room: Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Features: Walk-In Closet(s)

Room: Dining Room

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

Room: Living Room

  • Level: First
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0

Room: Living Room

  • Level: First
  • Dimensions: 13 x 14
  • Length: 13.0
  • Width: 14.0

Room: Primary Bathroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Features: Built-in Features

Room: Primary Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
  • Features: Walk-In Closet(s)

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

506 Meadow Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 Meadow Drive Market Data

Based on the last 30 days in this zip code

$503,772
Average List Price
$240
Average Price per Square Foot
29
Properties Sold
118
Average Days on Market
289
Properties for Sale
Calculations provided by Reliance Network


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