502 Walter Rd, Gainesville, TX 76240
OFF MARKET

502 Walter Rd
Gainesville, TX 76240

  • 2 Beds
  • 1 Bath
  • 929 sqft

$123,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $839/mo*
Refinance Your Home

$123,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $839/mo*
Refinance Your Home
2 Beds
1 Bath
929 sqft

Home Value

Trulia Estimate
$124K
Since last month
Decreased$700 (-0.6%)
Since last year
Decreased$6K (-4.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +94% in the last 10 years
MonthEstimated value
2026
August 2026$121K
July 2026$122K
June 2026$123K
May 2026$130K
April 2026$118K
March 2026$121K
February 2026$116K
January 2026$117K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1806 N Culberson St, Gainesville, TX
0.15
Single-Family Home
-
06/09/26
2
1
760
1704 Throckmorton St, Gainesville, TX
0.22
Single-Family Home
-
01/06/26
2
1
960
1707 N Weaver St, Gainesville, TX
0.21
Single-Family Home
-
09/05/25
2
1
672
1807 Buck St, Gainesville, TX
0.24
Single-Family Home
-
01/22/26
3
1
1,149
610 Walter Rd, Gainesville, TX
0.11
Single-Family Home
-
05/04/26
3
2
1,390
901 W Star St, Gainesville, TX
0.54
Single-Family Home
-
01/16/26
2
1
957
1208 Mill St, Gainesville, TX
0.57
Single-Family Home
-
07/17/26
2
1
912
1914 Floral Dr, Gainesville, TX
0.88
Single-Family Home
-
07/10/26
2
1
1,008
1124 Throckmorton St, Gainesville, TX
0.62
Single-Family Home
-
12/12/25
2
1
1,610
906 N Commerce St, Gainesville, TX
0.86
Single-Family Home
-
07/22/26
3
2
1,064

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2006 Throckmorton St, Douglass Hills, TX 76240
0.06
-
-
-
-
Off Market
508 Walter Rd, Gainesville, TX 76240
0.04
$228,500
3
2
1,268
Off Market
1903 N Weaver St, Gainesville, TX 76240
0.08
$318,750
4
2
2,258
For Sale
610 Walter Rd, Gainesville, TX 76240
0.11
-
3
2
1,390
Recently Sold
701 Walter Rd, Gainesville, TX 76240
0.13
$207,400
2
1
932
Off Market
1820 Mill St, Gainesville, TX 76240
0.12
$174,300
3
1.5
1,028
Off Market
703 Walter Rd, Gainesville, TX 76240
0.14
$185,000
3
2
1,330
For Sale
1816 Mill St, Gainesville, TX 76240
0.13
$247,900
3
2
1,472
Off Market
1806 N Culberson St, Gainesville, TX 76240
0.15
-
2
1
760
Recently Sold
1804 Throckmorton St, Gainesville, TX 76240
0.16
$168,300
2
1
816
Off Market
1811 Mill St, Gainesville, TX 76240
0.17
$173,800
3
1
1,119
Off Market
1805 Mill St, Gainesville, TX 76240
0.20
$92,500
2
1
746
For Sale

Local Information

  • Map ViewExplore the area around 502 Walter Rd.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Living Area
929 sqft
Price/Sqft
$133

About this House

Great home for first time buyers or a small family looking to down size. Lovely corner lot with mature trees, ample parking, large fenced backyard, storage building & more. The home has a nice floor plan with spacious rooms, ceiling fans, HVAC, steel siding on exterior, and is solid & very efficient.<br/><br/>Brokered And Advertised By: TIERRA REAL ESTATE<br/>Listing Agent: MISTY SCHMITZ
502 Walter Rd, Gainesville, TX 76240 is a 2 bedroom, 1 bathroom, 929 sqft single-family home built in 1950. It is currently off market. The Trulia Estimate is $123,500, with a rent estimate of $1,235/month.

Home Details for 502 Walter Rd

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherFoundation Type: Piers
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
Additional StorageStorage
Heating & Cooling
Air ConditioningCooling System: Central
Levels, Entrance, & Accessibility
Floors: Carpet, Linoleum Vinyl

Lot Information

Lot Area: 10219 sqft

Price and Tax history

DateEventPrice
Aug 8, 2009
Source: Agent Provided
ListingRemoved
$52,000
Jul 18, 2009
Source: Agent Provided
Listed For Sale
$52,000

Market trends in Gainesville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
176
2MoM

Around this home

What Locals Say about Gainesville

At least 100 Trulia users voted on each feature.

  • 89 % Say yards are well-kept

  • 85 % Say car is needed

  • 78 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 63 % Say it's dog friendly

  • 49 % Say it's quiet

  • 48 % Say neighbors are friendly

  • 46 % Say people would walk alone at night

  • 44 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 35 % Say there are sidewalks

  • 28 % Say it's walkable to restaurants

  • 27 % Say streets are well-lit

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Megan Rios
    "You see people walking there dog all the time. This neighborhood is very dog friendly. I recommend this as a great place."
    0
    Flag
  • Jaki-sieran J.
    "Gainesville is a great place and peaceful can ask for more ... we loved to stay here in this place. "
    9
    Flag
  • Micaela P.
    "Around here, owners seem to mistreat their dogs. There are plenty of ambulances, so if your dog were to howl, many people would get mad as not everybody in this area likes dogs. They probably wouldnt like this area, as people do not hesitate to call the cops on your dog, even if they hadnt done anything. There are a lot of bikers and people who walk throughout the neighborhood, so if your dog regularly chases people, then it would not be the best place for them."
    11
    Flag
  • Julie W.
    "I live in a much older part of town. The roads are well maintained. However the main roads in and out of town flood terribly."
    5
    Flag
  • Rhonda M.
    "looooong......pleasant country living with city feeling... nice neighbors quiet friendly atmosphere...country music to ease your mind from the long drive"
    2
    Flag
  • Ricardo V.
    "There are plenty of other dog owners that are usually out for a walk around the neighborhood with a park close by. "
    1
    Flag
  • Jennifer W.
    "There is no public transportation. You must have a car. Not many things are within a quick walking distance. "
    1
    Flag
  • Madisonbruce92
    "I have my own car, the roads aren’t really ever that busy. It might be a little congested around 5pm, but it’s not terrible."
    2
    Flag
  • Unspecified
    "There are quite a few fenced yards with dogs in them, but rarely are there people out walking their dogs. There are sidewalks available for most roads."
    0
    Flag
  • Ssteward7292
    "I don’t think we have any public transportation for anyone other than the elderly. Aside from that the roads are in fairly good shape and traffic is rarely congested. "
    1
    Flag
  • Lisaa A.
    "Gainesville is an amazing place to live in, Different types of neighborhoods. Great job opportunities "
    0
    Flag
  • Leona R.
    "In my part of the neighborhood, the wouldn't like the fact that the neighbors let their animals roam free. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 Walter Rd

  • What is 502 Walter Rd estimated to be worth?
    Trulia's estimated value for 502 Walter Rd in Gainesville, TX is $123,500.
  • Is Gainesville a buyer's or seller's market?
    Gainesville is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Gainesville?
    Residents describe Gainesville, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Gainesville, TX.
  • What are the closest schools to 502 Walter Rd?
    The closest schools to 502 Walter Rd in Gainesville, TX are Edison Elementary School (Pre-K), Gainesville High School (rated 3/10), Gainesville Intermediate School (Elementary, rated 4/10).
  • Does 502 Walter Rd have air conditioning?
    Yes, 502 Walter Rd in Gainesville, TX has air conditioning.
  • How big is the lot at 502 Walter Rd?
    The lot at 502 Walter Rd in Gainesville, TX is about 0.23 acres (10,219 sq ft).

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Apartments for Rent

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Off Market Homes Near 502 Walter Rd

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