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Status: Active

1520 Olive St 
Gainesville, TX 76240

$284,000

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0.78-Acre Corner Lot, Move-In Ready Home with Rare Development Potential! Welcome to a property with updates you’ll love and possibilities you won’t find every day. This 3-bedroom, 2-bath, 1,446 sq ft 1947 charming home sits on a cleared, well-maintained 0.78-acre corner lot that may be eligible to split. Offering the chance to build a second home or investment property facing Gladney Street. The Sellers have done the hard work for you: refinished wood floors, freshly painted kitchen cabinets, brand-new dishwasher, microwave, new fire and smoke detectors, electrical upgrade (2023), updated HVAC (2023), and a new roof (2021). Inside, sunlight fills the living room through a sweet bay window. Two bookcases (included in the sale, not built-in) add warmth and function. Also included is a full matching stainless appliance package (refrigerator, microwave, range, dishwasher) plus washer & dryer, making this home truly turn-key. Outside, you’ll find three storage sheds and a backyard electrical pole along the middle fence line, perfect for hobbies, projects, or future development needs. Whether you’re a buyer seeking space for life’s next chapter or an investor looking for both immediate and long-term value, this property offers the perfect blend of charm, modern updates, and opportunity. Schedule a showing today!
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Bedrooms
3
Baths
2
House Size
1,446 sqft
Year Built
1947
Lot Size
0.78 ac
School District
Gainesville ISD

Location

Market Insights

In the last 30 days, homes for sale in 76240, Gainesville, TX were on the market for a median of 51 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Dryer
Electric Oven
Electric Range
Electric Water Heater
Microwave
Refrigerator
Washer
cooling
Ceiling Fan(s)
Central Air
Electric
features
Built-in Features
Chandelier
flooring
Carpet
Hardwood
Vinyl
heating
Central
Electric
laundry features
Electric Dryer Hookup
Washer Hookup
window features
Bay Window(s)

Exterior Information

features
Rain Gutters
fence
Chain Link
Fenced
Gate
patio and porch
Front Porch
Rear Porch
roof
Composition

Property Information

architectural style
Traditional
construction
Wood Siding
foundation
Pillar/post/pier
green energy efficient
Appliances
lot
Wooded
Cleared
Corner Lot
Few Trees
other structures
Shed(s)
Storage
parking
Driveway
On Street
Open
Oversized
security features
Carbon Monoxide Detector(s)
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Toby T
utilities
Cable Available
Electricity Available
water source
Public
  • Listed By Jasmine Jones
  • (940) 336-4663
  • Real Estate Shoppe TX, LLC
  • (940) 336-4663
  • carolblairgroup@gmail.com
  • MLS 21028111

Monthly Payments Calculator

Estimated Monthly Cost

$1,933

30 year fixed·6.9% interest rate
Principal & Interest
$1,496
Property Taxes
$237
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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