$230,000
3 Beds
1 Bath
1,190 sqft
506 Meadow Dr, Gainesville, TX 76240
Est. Mortgage $1,510/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1959
$193/sqft
2 Carport Spaces
Local Information
- Map ViewExplore the area around 506 Meadow Dr.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
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.
Last check for updates: about 4 hours ago
Listing courtesy of Trent Trubenbach 0690620, (940) 440-4200
Scribner Real Estate, INC, 940-440-4200
Source: NTREIS, MLS#21193787
Also Listed on NTREIS.
Home Details for 506 Meadow Dr
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Interior Details Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1190 Square Feet |
Appliances & Utilities Utilities: Cable Available, Sewer Available, Water AvailableAppliances: Some Gas Appliances, Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Plumbed For GasDishwasherDisposalLaundry: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,GasDryer Hookup,In Garage |
Heating & Cooling Has CoolingAir Conditioning: Central Air,Electric,ENERGY STAR Qualified Equipment |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Exterior Home Features Roof: AsphaltFencing: Chain LinkFoundation: Slab |
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageParking Spaces: 2Parking: Attached Carport,Additional Parking,Concrete |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 131Days on Market: 1 |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Early American,Detached |
Building Construction Materials: BrickNot Attached Property |
Property Information Parcel Number: 11816 |
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Price List Price: $230,000Price Per Sqft: $193 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: GainesvilleCommunity: Joy Acres |
School Information Elementary School: EdisonElementary School District: Gainesville ISDJr High / Middle School: GainesvillJr High / Middle School District: Gainesville ISDHigh School: GainesvillHigh School District: Gainesville ISD |
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Listing Agent Listing ID: 21193787 |
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No HOA |
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Lot Area: 8276.4 sqft |
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Listing Terms: Conventional, FHA, Texas Vet, VA Loan |
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Mls Number: 21193787Living Area Range Units: Square FeetAttribution Contact: 940-440-4200 |
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.
Market trends in Gainesville
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
176
2MoM
Home Value
Trulia Estimate
$221KSince last month
Decreased$300 (-0.1%)Since last year
Increased$60K (+37.3%)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 +178% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $222K |
| August 2026 | $222K |
| July 2026 | $222K |
| June 2026 | $223K |
| May 2026 | $223K |
| April 2026 | $224K |
| March 2026 | $225K |
| February 2026 | $181K |
| January 2026 | $171K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | - | 05/01/26 | 2 | 1 | 1,117 | |
0.10 | Single-Family Home | - | 03/12/26 | 2 | 1 | 816 | |
0.04 | Single-Family Home | - | 12/19/25 | 3 | 2 | 1,792 | |
0.09 | Single-Family Home | - | 05/20/26 | 3 | 2 | 1,612 | |
0.07 | Single-Family Home | - | 08/28/26 | 2 | 2 | 1,535 | |
0.12 | Single-Family Home | - | 09/04/26 | 3 | 2 | 1,609 | |
0.32 | Single-Family Home | - | 04/29/26 | 3 | 1 | 1,893 | |
0.17 | Single-Family Home | - | 04/09/26 | 3 | 2 | 1,620 | |
0.19 | Single-Family Home | - | 08/14/26 | 3 | 2 | 1,664 | |
0.43 | Single-Family Home | - | 07/23/26 | 2 | 1 | 1,088 |
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 |
|---|---|---|---|---|---|---|
0.04 | $206,900 | 3 | 1 | 1,172 | Off Market | |
0.06 | $241,300 | 3 | 1.5 | 1,351 | Off Market | |
0.04 | $255,000 | 3 | 2 | 1,792 | For Sale | |
0.09 | - | 3 | 2 | 1,612 | Recently Sold | |
0.11 | $224,800 | 3 | 2 | 1,574 | Off Market | |
0.11 | $243,200 | 3 | 2 | 1,729 | Off Market | |
0.06 | $115,600 | 2 | 1 | 832 | Off Market | |
0.09 | $183,400 | 2 | 1 | 1,072 | Off Market | |
0.11 | $209,900 | 3 | 2 | 1,443 | Off Market | |
0.06 | $217,000 | 3 | 2 | 1,538 | Off Market | |
0.07 | - | 2 | 2 | 1,535 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 8, 2026 Source: NTREIS #21193787 | Listed For Sale | $230,000 |
Jul 13, 2026 Source: NTREIS #21193787 | ListingRemoved | $230,000 |
Mar 6, 2026 Source: NTREIS #21193787 | Listed For Sale | $230,000 |
Jun 3, 2024 Source: NTREIS #20597970 | Sold | -- |
May 9, 2024 Source: NTREIS #20597970 | Pending | $173,000 |
May 3, 2024 Source: NTREIS #20597970 | Contingent | $173,000 |
Apr 25, 2024 Source: NTREIS #20597970 | Listed For Sale | $173,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,091 | $163,091 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Trent Trubenbach, Scribner Real Estate, INC, 940-440-4200
Agent Phone: (940) 440-4200
IDX information is provided exclusively for 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.
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Frequently asked questions about 506 Meadow Dr
- What is the estimated monthly payment for 506 Meadow Dr?Based on a $230,000 list price with 20% down at today's rates, the estimated monthly payment for 506 Meadow Dr in Gainesville, TX is approximately $1,533 (about $1,220 principal & interest, $238 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- 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 homes for sale in Gainesville, TX.
- What are the closest schools to 506 Meadow Dr?The closest schools to 506 Meadow Dr in Gainesville, TX are Edison Elementary School (Pre-K), Gainesville High School (rated 3/10), Gainesville Intermediate School (Elementary, rated 4/10).
- What is 506 Meadow Dr estimated to be worth?Trulia's estimated value for 506 Meadow Dr in Gainesville, TX is $221,200.
- Does 506 Meadow Dr have air conditioning?Yes, 506 Meadow Dr in Gainesville, TX has air conditioning.
- Does 506 Meadow Dr have laundry facilities?Yes, 506 Meadow Dr in Gainesville, TX has laundry facilities.
506 Meadow Dr, Gainesville, TX 76240 is a 3 bedroom, 1 bathroom, 1,190 sqft single-family home built in 1959. This property is currently available for sale and was listed by NTREIS on Sep 8, 2026. The MLS # for this home is MLS# 21193787.