1520 Olive Street
Gainesville, TX, 76240
$240,000
3 Beds
2 Baths
1,446 SqFt
0.78 Acres
MLS #21253819 image #0

Location

Expansive .78 acre corner lot features updated electrical, new HVAC, and roof replaced in 2021. Oversized kitchen features freshly painted white cabinets, new stainless steel appliances, pantry, plenty of countertops and convenient oversized washer and dryer hookups in utility closet. Dining room overlooks front porch seamlessly connecting kitchen and living room. Large light filled living area features original refinished hardwoods with direct access to spacious backyard. Split bedroom floor plan features primary bedroom with oversized closet and ensuite bathroom with additional room for dressers or sitting area. Two additional bedrooms share updated bathroom with modern finishes. Exterior highlights include large cleared lot with one area completely fenced providing room to run for pets and children with potential for expansion to the house with pier and beam foundation, outdoor living, entertaining, parking for small boats, plenty of room to build future improvements and so much more all conveniently located within the city limits with city utilities and services. Located minutes from casinos, downtown Gainesville, and Interstate 35. Washer, dryer, and refrigerator are negotiable.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$240,000
MLS #:
21253819
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Toby T
Listed Date:
May 8, 2026
Finished Sq Ft:
1,446
Lot Size:
33,976 sqft / 0.78 acres (approx)
Year Built:
1947
Toby TGainesville IsdChalmersGainesvill

Schools

School District:
Gainesville ISD
Elementary School:
Chalmers
High School:
Gainesvill

Interior

Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central
Interior Features
Cable TV Available
Number Of Living Areas
1

Exterior

Fencing
Chain Link
Lot Size Area
0.7800

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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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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Community

Subdivisions in Gainesville

Market Summary

Current real estate data for Single Family in Gainesville as of May 22, 2026
228
Single Family Listed
102
Avg DOM
215
Avg $ / SqFt
$443,471
Avg List Price

Property Summary

    Located in the Toby T subdivision, 1520 Olive Street Gainesville TX is a Single Family for sale in Gainesville, TX, 76240. It is listed for $240,000 and features 3 beds, 2 baths, and has approximately 1,446 square feet of living space, and was originally constructed in 1947. The current price per square foot is $166. The average price per square foot for Single Family listings in Gainesville is $215. The average listing price for Single Family in Gainesville is $443,471. To schedule a showing of MLS#21253819 at 1520 Olive Street in Gainesville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
1520 Olive Street
Gainesville, TX