About This Home

This 3-bedroom, 1-bathroom single family at 506 Meadow Drive in Gainesville, TX is listed for $230,000 ($193 per sqft). Built in 1959, the home offers 1,190 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1959
  • 0.19 acre lot

Property Details

1 story
1 full
1959

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$997
Insurance$67

Estimates only. Actual payments may vary.

Location

506 Meadow Drive

Gainesville, TX 76240

Joy Acres

Features & Amenities

Interior Features

BuiltInFeaturesHighSpeedInternetOpenFloorplanPanelingWainscoting

Property Details

Construction

Brick

Parking

Carport

Cooling

Central AirENERGY STAR Qualified EquipmentElectric

Appliances

SomeGasAppliancesDishwasherElectricCooktopElectricOvenGasCooktopDisposalGasOvenGasWaterHeaterPlumbedForGas

Questions & Answers

This 3-bedroom, 1-bathroom single family at 506 Meadow Drive is listed at $230,000 ($193/sqft). The estimated monthly payment is $1,230 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.19 acre lot. Interior Features: BuiltInFeatures, HighSpeedInternet, OpenFloorplan.

This property is listed by Trent Trubenbach and can be reached at (940) 440-4200.

TT

Trent Trubenbach

Agent at Scribner Real Estate, INC

(940) 440-4200

Listed by Scribner Real Estate, INC · Broker phone: (940) 440-4200 · View on Broker Site

MLS# 21193787· Source: North Texas Real Estate Information Systems, Inc.· 14 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Meadow Drive, Gainesville, TX 76240

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