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506 Meadow Drive

Gainesville, TX 76240

$215,000

3 bd · 1 ba · 1,190 sq ft · 0.19 ac

Bedrooms3
Bathrooms1
Living area1,190 sq ft
Lot size0.19 acres
Year built1959
Stories1
GarageNone listed
TypeSingle-family

What it costs to own

Taxes$3,091 per year
MUDNone listed
HOANone listed
Price per sq ft$181 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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. All electrical, painting, and sink mounted will be complete before closing.
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.

The details

CoolingCentral Air, Electric, ENERGY STAR Qualified Equipment
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Oven, Plumbed For Gas in Kitchen
Interior featuresBuilt-in Features, High Speed Internet Available, Open Floorplan, Paneling

Construction materialsBrick
RoofAsphalt
FoundationSlab

FencingChain Link
Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available

SubdivisionJoy Acres

ElementaryEdison
Middle schoolGainesvill
High schoolGainesvill
DistrictGainesville ISD

MLS #21193787
Source
Price changeReduced by $15,000 · Oct 7, 2026
On the market159 days
CountyCooke

Around this home

One moment…

Everyday life

Nearest groceryTom Thumb · 0.5 mi
Nearest parkJaycee Park · 0.4 mi

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Listing courtesy of Scribner Real Estate, INC — Trent Trubenbach.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21193787. Information last updated October 7, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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