Location
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.
Property Details
Price:
$230,000
MLS #:
21193787
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Joy Acres
Listed Date:
Mar 7, 2026
Finished Sq Ft:
1,190
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1959
Schools
School District:
Gainesville ISD
Elementary School:
Edison
High School:
Gainesvill
Interior
Bathrooms Full
1
Cooling
Central Air, Electric, ENERGY STAR Qualified Equipment
Interior Features
Built-in Features, High Speed Internet Available, Open Floorplan, Paneling
Number Of Living Areas
2
Exterior
Carport Spaces
2
Construction Materials
Brick
Fencing
Chain Link
Lot Size Area
0.1900
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address506 Meadow Drive Gainesville TX
- SubdivisionJoy Acres
- CityGainesville
- CountyCooke
- Zip Code76240
Subdivisions in Gainesville
- 190 ac out of JG Knapp Abs No 0557
- Acreage
- Alexander R
- Anderson J
- Bailey Acc
- Bailey Court
- Barnard G
- Beck Sub
- Bellum Estates Phase 1
- Belmont
- Berend
- Biggs Ia
- Black Hill Farm
- Boggs Me
- Bolhm
- Bonner Hills
- Botard Jb
- Boutwell A
- Boyd Sub
- Brown Wc
- Brunk W
- Buckalew Mj
- Buckingham
- Bullock D
- Burris
- Bush
- Bush J
- Campbell J
- Carson T
- Castillo
- Chalmers Estates
- Clark P
- Clements I
- Clements II
- Cravens
- Cunningham Add
- De Los Santos G
- Demarcus J
- Denyer W
- Dye R
- DYE R 0317 ACRES 26.02
- Eagles Perch
- Eagles Perch Sub
- Eastridge Estate
- Ernwood Add
- Fairfield Add
- Fairgrounds Add
- Farr Sub
- Farthing
- Fcsl
- French M
- gainesville
- Gainesville Add
- Garner J
- Gladney Leach
- Gorham J
- Hall Add
- Hamilton J
- Harbolt J
- Harrell Estate
- Hawkins Wj
- Hill G
- Hillcrest Add
- Hillcrest Addition
- Hukill Fm
- Jessup T
- Jm Lindsay School Sub
- Joy Acres
- Kccv Dev LLC # 2 Add
- Kilborn H
- KING ESTATES
- Kiowa Ridge Estates
- Kouski Mo
- Lake Kiowa
- Lake Kiowa Map 10
- Lake Kiowa Map 11
- Lake Kiowa Map 12
- Lake Kiowa Map 8
- Lakeside Estate
- Law Jw
- Lawson J
- Liberty Pointe
- Lindheimer Fj
- Lindsay Add
- Linken\’s Landing
- Longview Estates
- Lynch Add
- Mabry Addn
- Mcall M
- Mcall M 0703
- Mccain Add
- Meador Jm
- Miller
- Miller J
- Montgomery
- Montgomery Add
- Morris Jq
- Morris S
- Moss lake
- Moss Lake Estate
- Moss Lake Estates
- Nortman Estates
- OAKVIEW EST
- Oneal
- Orginal Donation Gv
- Pace
- Painter Add
- Patriot Add
- Pearce Wjc
- Peery Add
- Peery Addition
- Perry Ce Add
- Pledger Wa
- Polaris Point Sub
- Powers Add
- Preston Hollow
- Putman
- Rattler Ridge
- Rex Estates
- Rhodes Wr
- Ridge The
- Ridgecrest
- Rising Glenn
- Robertson Add #1
- Robertson Add #2
- Rockwood Lc
- Ross Add
- Rosys Add
- Rutledge T
- SARAH SMITH SURVEY AB 913
- Schopmeyer & Hess
- Scott Add
- Smith
- South Ridge
- Southpark Add
- Sparks Add
- Steed Th
- Stroud Fh
- Summerfield Add
- The Refuge At Moss Lake
- Thompson Bj
- Throckmorton
- Ticknor Bp
- Toullis Jm
- Trussell J
- Vintage Square
- Watkins Wa
- Wheeler Creek Add
- Whispering Hills
- Whiteside Z & WH
- Wingate E
- Winters WC 1086 Acres 30.51
- Woodbine Estate
- Woodsmith
- Yeaman E
Market Summary
Current real estate data for Single Family in Gainesville as of Apr 21, 2026
200
Single Family Listed
106
Avg DOM
231
Avg $ / SqFt
$477,149
Avg List Price
Property Summary
- Located in the Joy Acres subdivision, 506 Meadow Drive Gainesville TX is a Single Family for sale in Gainesville, TX, 76240. It is listed for $230,000 and features 3 beds, 1 baths, and has approximately 1,190 square feet of living space, and was originally constructed in 1959. The current price per square foot is $193. The average price per square foot for Single Family listings in Gainesville is $231. The average listing price for Single Family in Gainesville is $477,149. To schedule a showing of MLS#21193787 at 506 Meadow Drive in Gainesville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
506 Meadow Drive
Gainesville, TX