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Mandy Petersen
REALTOR®
(254) 644-8648
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506 Meadow Drive, Gainesville, TX 76240

$230,000
  • 506 Meadow Drive, Gainesville, TX 76240 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,190 MLS#21193787
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONJoy Acres SCHOOLGainesville ISD

Property 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.

506 Meadow Drive | MLS# 21193787

This single family home located at 506 Meadow Drive, Gainesville, TX 76240 is currently listed for sale with an asking price of $230,000. This property was built in 1959 and has 3 bedrooms and 1 full baths with 1190 sq. ft. Meadow Drive is located in the Joy Acres subdivision within the Gainesville ISD school district. Search Joy Acres real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric, ENERGY STAR Qualified Equipme
Home Style: Early American
Lot Size: 0.19 Acres
Roof Type: Asphalt
Year Built: 1959

Amenities

Built-in Features
High Speed Internet Available
Open Floorplan
Paneling

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Plumbed For Gas in Kitchen
Days on Site: 3
Exterior: Brick
Fencing: Chain Link
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Full Size W/D Area, Dryer Hookup, Washer Hookup
Parcel#: 11816
Parking: Additional Parking, Attached Carport, Concrete
Parking Notes: Additional Parking, Attached Carport, Concrete
Utilities: Cable Available, City Sewer, City Water

Room Sizes

Bath-Primary: 1.00 x 1.00 Level - 1
Bedroom-Primary: 1.00 x 1.00 Level - 1
Bedroom: 1.00 x 1.00 Level - 1
Bedroom: 1.00 x 1.00 Level - 1
Dining Room: 1.00 x 1.00 Level - 1
Living Room: 1.00 x 1.00 Level - 1
Living Room: 1.00 x 1.00 Level - 1

Local Schools

Elementary School: Edison
School District: Gainesville ISD

Listed By / Shown By

Listed By

Agency Name: Scribner Real Estate, INC
Agency Contact: 940-440-4200
Agent Name: Trent Trubenbach

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 578.96 per month $511.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $67.08 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 3:49:15 AM EST) or NTREIS (last updated Mon 03/09/2026 11:48:45 PM EST) or SABOR MLS (last updated Tue 03/10/2026 12:51:57 AM EST) or CTXMLS (last updated Mon 03/09/2026 11:34:29 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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