508 Walter Rd, Gainesville, TX 76240
OFF MARKET

$228,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,268 sqft

508 Walter Rd, Gainesville, TX 76240

Est. Refi. Payment $1,485/mo*
Refinance Your Home

Home Value

Trulia Estimate
$229K
Since last month
$100 (0%)
Since last year
Decreased$3K (-1.1%)
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 +292% in the last 10 years
MonthEstimated value
2026
August 2026$227K
July 2026$227K
June 2026$230K
May 2026$234K
April 2026$230K
March 2026$230K
February 2026$229K
January 2026$227K
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
0.08
Single-Family Home
-
05/04/26
3
2
1,390
0.21
Single-Family Home
-
01/22/26
3
1
1,149
0.14
Single-Family Home
-
06/09/26
2
1
760
0.23
Single-Family Home
-
01/06/26
2
1
960
0.22
Single-Family Home
-
09/05/25
2
1
672
0.91
Single-Family Home
-
06/12/26
3
2
1,058
1.08
Single-Family Home
-
03/06/26
3
2
1,284
0.53
Single-Family Home
-
01/16/26
2
1
957
0.57
Single-Family Home
-
07/17/26
2
1
912

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
0.08
-
-
-
-
Off Market
0.08
-
3
2
1,390
Recently Sold
0.10
$207,400
2
1
932
Off Market
0.11
$185,000
3
2
1,330
For Sale
0.09
$174,900
3
1.5
1,028
Off Market
0.11
$318,750
4
2
2,258
For Sale
0.11
$247,900
3
2
1,472
Off Market
0.14
$171,300
3
1
1,119
Off Market
0.14
-
2
1
760
Recently Sold
0.18
$209,200
3
2
2,098
Off Market
0.17
$89,900
2
1
746
For Sale

Local Information

  • Map ViewExplore the area around 508 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
1,268 sqft
Price/Sqft
$180
Parking
1 Car Garage

About this House

FIRST TIME HOME BUYERS!!!! Do NOT wait to check out this adorable, charming and updated home that offers you 3 bedroom with 2 baths to include the refrigerator, microwave, as well as a full size, front load Washer and Dryer. The open floor plan welcomes friends and family. The kitchen has granite counter tops, updated cabinets and a large island perfect for entertaining guests or just spending time with the family. This house sits in an established neighborhood that is just minutes from the schools, parks and I-35, making it a short commute to the metroplex. Don't sit and wait for the interest rates to come down, call your REALTOR and get your showing scheduled today!!
508 Walter Rd, Gainesville, TX 76240 is a 3 bedroom, 2 bathroom, 1,268 sqft single-family home built in 1950. It last sold for the $215,000 asking price on Sep 25, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $228,500, with a rent estimate of $1,696/month.
Last check for updates: about 18 hours ago
Listed by Stacy Hill 0763335, (903) 200-5550
RE/MAX Signature Properties, (903) 200-5550
Bought with: Jahda Dorsey, Monument Realty, (214) 705-7827
Source: NTREIS, MLS#20421821

Home Details for 508 Walter Rd

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1268 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Available, Water AvailableAppliances: Some Gas Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Plumbed For Gas, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Wood

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered, Front PorchFencing: Chain LinkFoundation: Pillar/Post/Pier
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Concrete,Driveway
Pool
Pool: None
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Attached To Another Structure
Property Information
Not Included in Sale: Trailer and tools in Garage, liquor cabinet in dining room cornerParcel Number: 15753

Price & Status

Price
List Price: $215,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GainesvilleCommunity: Lynch Add
School Information
Elementary School: EdisonElementary School District: Gainesville ISDJr High / Middle School District: Gainesville ISDHigh School: GainesvillHigh School District: Gainesville ISD

HOA

No HOA

Lot Information

Lot Area: 9343.62 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 20421821Living Area Range Units: Square FeetAttribution Contact: 903-200-5550Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48097-N-15753-R-N

Price and Tax history

DateEventPrice
Sep 25, 2023
Source: NTREIS #20421821
Sold
--
Sep 7, 2023
Source: NTREIS #20421821
Pending
$215,000
Sep 4, 2023
Source: NTREIS #20421821
Contingent
$215,000
Sep 1, 2023
Source: NTREIS #20421821
Listed For Sale
$215,000
Nov 20, 2018
Source: N/A
Sold
--

Market trends in Gainesville

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

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."
  • Jaki-sieran J.
    "Gainesville is a great place and peaceful can ask for more ... we loved to stay here in this place. "
  • 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."
  • 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."
  • Rhonda M.
    "looooong......pleasant country living with city feeling... nice neighbors quiet friendly atmosphere...country music to ease your mind from the long drive"
  • Ricardo V.
    "There are plenty of other dog owners that are usually out for a walk around the neighborhood with a park close by. "
  • Jennifer W.
    "There is no public transportation. You must have a car. Not many things are within a quick walking distance. "
  • Madisonbruce92
    "I have my own car, the roads arenโ€™t really ever that busy. It might be a little congested around 5pm, but itโ€™s not terrible."
  • 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."
  • Ssteward7292
    "I donโ€™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. "
  • Lisaa A.
    "Gainesville is an amazing place to live in, Different types of neighborhoods. Great job opportunities "
  • Leona R.
    "In my part of the neighborhood, the wouldn't like the fact that the neighbors let their animals roam free. "

LGBTQ Local Legal Protections

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.

Frequently asked questions about 508 Walter Rd

  • What is 508 Walter Rd estimated to be worth?
    Trulia's estimated value for 508 Walter Rd in Gainesville, TX is $228,500.
  • What is the price history for 508 Walter Rd?
    508 Walter Rd in Gainesville, TX last sold in September 2023.
  • 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.
  • Does 508 Walter Rd have air conditioning?
    Yes, 508 Walter Rd in Gainesville, TX has air conditioning.
  • Does 508 Walter Rd have laundry facilities?
    Yes, 508 Walter Rd in Gainesville, TX has in-unit laundry.

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