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Backup Offers

506 Meadow Dr, Gainesville, TX, 76240

$173,000

Home List Price

$2,054*

Closing Credit

3 Bedrooms
1 Full Bath
1,190 SqFt
$145/SqFt
House
Schools Nearby

Location

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506 Meadow Dr, Gainesville$173,000

Buyer Closing Credits

$2,054*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Year Built1959
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #20597970
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 506 Meadow Dr

Welcome to this charming brick residence, where classic design meets modern comfort. Nestled in a peaceful neighborhood, this home offers a cozy retreat for you and your loved ones. With 3 bedrooms and 1 bathroom, it's the perfect space to create lasting memories and call your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,190 SqFt

Listing Office:

  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: Kristy Emberton

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Linoleum
  • Interior: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Carport, Driveway

Virtual/3D Tour

  • Virtual Tour: 506 Meadow Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gainesville High School, Public District Grades 9-12
  • Gainesville Middle School, Public District Grades 6-8
  • Robert E Lee Intermediate School, Public District Grades 4-5
  • W E Chalmers Elementary School, Public District Grades 2-3

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $173,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $2,180
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, TX.

Med. List Price

$321.2K

Med. Price/SqFt

$182

Avg. Days On Market

80

# of Sold Homes

22

506 Meadow Dr vs Gainesville

10 DAYS ON ROCKET

-70 Days

$173,000

-$148.2K Less

$145/SqFt

-$38 Less

KEY TAKEAWAY

This property is $148.2K less than the Median List Price and $38/SqFt less than other homes in Gainesville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20597970

Listing Office:

  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: Kristy Emberton

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/5/2024, 1:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,180$88,987
2019$1,751$80,263
2018$1,752$64,098
2017$1,682$61,627

History based on county public records data.

Payment Calculator

$931

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$585

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6481982
3
/10
  • W E Chalmers Elementary School

  • 1745 S Radio Hill Rd

  • 1.28 miles

  • Public District Grades 2-3

Middle School

school-card-donut-6481983
4
/10
  • Gainesville Middle School

  • 1201 S Lindsay St

  • 0.99 miles

  • Public District Grades 6-8

school-card-donut-6481984
4
/10
  • Robert E Lee Intermediate School

  • 2100 N Grand Ave

  • 1.95 miles

  • Public District Grades 4-5

High School

school-card-donut-6481985
2
/10
  • Gainesville High School

  • 2201 South I 35

  • 2.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,340. Typical income of Gainesville, TX residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Meadow Dr

What is the listing price of this property?

The listing price of 506 Meadow Dr property is $173,000.

What type of property is this?

The property 506 Meadow Dr is a house located in Gainesville, Texas, 76240.

Is this property for sale now?

Accepting Backup Offers: 506 Meadow Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 506 Meadow Dr are:
W E Chalmers Elementary School: GreatSchools Rating 3/10
Gainesville Middle School: GreatSchools Rating 4/10
Robert E Lee Intermediate School: GreatSchools Rating 4/10
Gainesville High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,180 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Meadow Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 Meadow Dr is 1,190 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Meadow Dr is 1959.

Rocket Homes›Texas›Cooke County›Gainesville›76240›506 Meadow Dr

This home is located at 506 Meadow Dr in Gainesville, TX and zip code 76240. This 1,190 square foot home, which was built in 1959, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $173,000.

The inventory of homes for sale in Gainesville, TX between March 2024 and April 2024 increased by 3.6%. The median list price of listings available in April 2024 was $321,266, while the average time on the real estate market was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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