1520 Olive St Gainesville, TX 76240
Estimated payment $1,841/month
Total Views
254
3
Beds
2
Baths
1,446
Sq Ft
$196
Price per Sq Ft
Highlights
- Partially Wooded Lot
- Wood Flooring
- Front Porch
- Traditional Architecture
- Corner Lot
- Oversized Parking
About This Home
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!
Listing Agent
Real Estate Shoppe TX, LLC Brokerage Phone: 940-336-4663 License #0813020 Listed on: 08/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,527
Year Built
- Built in 1947
Lot Details
- 0.78 Acre Lot
- Gated Home
- Chain Link Fence
- Corner Lot
- Cleared Lot
- Partially Wooded Lot
- Few Trees
- Back Yard
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,446 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Chandelier
- Bay Window
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Oversized Parking
- Driveway
- On-Street Parking
- Open Parking
Eco-Friendly Details
- Energy-Efficient Appliances
Outdoor Features
- Rain Gutters
- Front Porch
Schools
- Chalmers Elementary School
- Gainesvill High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Toby T Subdivision
Listing and Financial Details
- Assessor Parcel Number 2198
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,527 | $186,120 | $59,819 | $126,301 |
| 2023 | $3,564 | $181,655 | $54,721 | $126,934 |
| 2022 | $3,459 | $158,866 | $49,622 | $109,244 |
| 2021 | $2,444 | $95,075 | $10,876 | $84,199 |
| 2020 | $2,243 | $87,871 | $10,876 | $76,995 |
| 2019 | $2,098 | $76,766 | $10,876 | $65,890 |
| 2018 | $1,934 | $70,879 | $10,876 | $60,003 |
| 2017 | $1,853 | $68,154 | $10,876 | $57,278 |
| 2015 | $1,688 | $63,678 | $10,876 | $52,802 |
| 2014 | $1,688 | $63,423 | $10,876 | $52,547 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $284,000 | +89.3% | $196 / Sq Ft |
| 09/30/2021 09/30/21 | Sold | -- | -- | -- |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/06/2021 07/06/21 | Price Changed | $150,000 | -6.2% | $104 / Sq Ft |
| 05/21/2021 05/21/21 | For Sale | $159,999 | -- | $111 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Freedom Title | |
| Vendors Lien | -- | Capital Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,364 | No Value Available | |
| Previous Owner | $147,283 | FHA | |
| Previous Owner | $7,384 | Unknown | |
| Previous Owner | $12,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Gainesville, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21028111
APN: 2198
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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