1520 Olive Street

Gainesville, TX
$ 240,000 Beds 3 Baths 2 Sq 1,446 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 240,000
  • City
  • Gainesville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • COOKE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.78 Acres
  • Zip
  • 76240
  • Sqr Footage
  • 1,446
  • Year Built
  • 1947
  • Taxes
  • $ 3896
  • Style
  • Single Family Residence
  • MLS#
  • 21253819
Listed By: Compass RE Texas, LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities City Sewer,City Water,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available
Possession 30-60 Days,Closing/Funding,Negotiable
Roof Composition
Appliances Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Plumbed For Gas in Kitchen,Refrigerator,Washer
School District Gainesville ISD
Year Built 1947
Levels One
Unexempt Taxes 3896
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Toby T
Transaction Type For Sale
Occupant Type Owner
County Cooke
Property Type Residential
Security Features Carbon Monoxide Detector(s)
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions Use your favorite GPS
City Gainesville
Elementary School Name Chalmers
High School Gainesvill
Elementary School Chalmers
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21253819
Standard Status Active
Junior High School Gainesvill
Listing Terms Conventional,FHA

Interior Features

Interior Features Cable TV Available
Flooring Ceramic Tile,Hardwood
Dining Areas 1
Living Areas 1
Room Count 8
Lock Box Type Blue BT LE
Total Bedrooms 3
Total Baths 2

Exterior Features

Lot Features Cleared,Corner Lot,Lrg. Backyard Grass
Fencing Chain Link
Lot Size Source Public Records
Parking Features Driveway,Gravel,Oversized
Lot Size .5 to < 1 Acre
Foundation Pillar/Post/Pier
Lot Size Area 0.7800
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 33976.8000
Lot Size Acres 0.7800

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chalmers Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/7/2026 Listed $240,000

Property vs Zip Code Average in 76240

Price
AVG $540K
$240K
Taxes
AVG $5,213
$3,896
Year Built
AVG 1988
1947
Visits
AVG 184
121
Data Provided by Inside Real Estate®

Areas That We Cover

1520 Olive Street Gainesville, TX is a Single Family Home for sale at $240000 with 1446 sqft and a lot size of 0.78 Acres Acre(s). 1520 Olive Street Gainesville has 3 bedrooms, 2 baths and was built in 1947. The property's zip code is 76240 which is in Gainesville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.