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506 Meadow Drive

Gainesville, TX 76240

Listing courtesy of Trent Trubenbach, Scribner Real Estate, INC

$230,000
Active
Beds
3
Baths
1
Sqft
1,190
Year Built
1959

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. 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.

Schools

Elementary
Edison
Middle
Gainesvill
High
Gainesvill

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21193787
Property Type
Residential
Status
Active
County
Cooke
Subdivision
Joy Acres
Lot Size
8,276.4 sqft
HOA Dues
None
Annual Taxes
$3,091
Days on Market
99 days
Listed
Mar 6, 2026
Price per Sqft
$193

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$1,549/mo
Principal & interest
$1,224
Property taxes
$258
Homeowner's insurance (est.)
$67

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Mar 6, 2026