# 506 Meadow Drive, Gainesville, TX 76240

> **TL;DR:** 3bd/1ba single family, $230,000 ($193/sqft), built 1959, 1,190 sqft. Est. $997/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $230,000 |
| Price/sqft | $193 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,190 |
| Year Built | 1959 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $997 |
| **Total** | **$997** |

## Nearby Schools

- **Elementary:** Edison

## Property Highlights

- Built in 1959
- 0.19 acre lot

## Description

### Agent 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.

## Location

- **Address:** 506 Meadow Drive, Gainesville, TX 76240
- **County:** Cooke
- **Neighborhood:** Joy Acres
- **Coordinates:** 33.619477, -97.127087
- **Google Maps:** https://www.google.com/maps?q=33.619477,-97.127087

## Listing Agent

- **Name:** Trent Trubenbach
- **Brokerage:** Scribner Real Estate, INC
- **Phone:** 9404404200
- **Email:** trent.trubenbach@gmail.com

## Primary Photo

![506 Meadow Drive - Primary Photo](http://lh.rdcpix.com/4365bdfc46ccc7ed22cbc3c88f138ee4l-f1018660839r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/506-meadow-drive-gainesville-tx-76240-21193787)*

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**MLS#:** 21193787 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/506-meadow-drive-gainesville-tx-76240-21193787)

---

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