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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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506 Meadow Dr , Gainesville, TX 76240
$215,000
Est. Payment: $1,207.60/mo
3 Bed
1 Bath
1190 Sqft
0.19 Acres
Status: active | Days on site: 219
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House 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. All electrical, painting, and sink mounted will be complete before closing. 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.

Highlights

Listed by Trent Trubenbach , Scribner Real Estate, INC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.19

Year Built

1959

County

Cooke

Neighborhood

Joy Acres

School District

Gainesville ISD

Listing ID

21193787

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Plumbed For Gas in Kitchen
Air Cond:Central Air,Electric,ENERGY STAR Qualified Equipment
Fireplaces:
Other:
  • ▪ Additional:Built-in Features, High Speed Internet Available, Open Floorplan, Paneling, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Asphalt
Parking Features:Additional Parking,Attached Carport,Concrete
Principal Interest
$1,208
Taxes
$258

Home Price

$215,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$43,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,207.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,207.60 $257.58 $0.00 $1,465.18
Yearly $14,491.19 $3,091.00 $0.00 $17,582.19
Total $434,735.81 $92,730.00 $0.00 $527,465.81

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Gainesville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T10:06:54.320Z

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