
Status: Active
1520 Olive St
Gainesville, TX 76240
$284,000
------/mo*
Calculate0.78-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!
Read more- 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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Start TourInterior 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
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.