$259,000

501 Lynch St Gainesville, TX 76240

$3,076
Closing credit¹
3 beds
2 full
1,444 sqft
0.2 acres
$179 / sqft
House

Property details

About 501 Lynch St

Charming Vintage Home on Expansive Corner Lot This well-preserved residence, proudly owned by the original homeowner, presents a rare opportunity to acquire a thoughtfully maintained family home. Situated on a generous corner lot, the home offers a compelling blend of timeless character and functional living spaces. The interior showcases quality craftmanship, gleaming hardwood flooring and two distinct living areas, providing both formal and informal gathering options. Each room is spacious, contributing to the home’s open and comfortable ambiance. The kitchen retains its original charm while offering practical usability and connection to the living and dining areas. Exterior features include a covered patio ideal for outdoor living, a detached oversized two-car garage with an integrated workshop area, and a separate storage building—accommodating a variety of needs from hobby space to additional storage. The layout and lot size offer flexibility for future customization or expansion, should the next owners choose. Lovingly maintained throughout its ownership, this home is ready to continue its legacy under new owners. Its vintage appeal, structural integrity, and desirable lot placement make it a standout offering in today’s market.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,444 sqft
Lot size0.235 Acres
Year built1954
ParkingAdditional Parking, Concrete, Door-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Lighted, On Site, Outside, Oversized, Garage Faces Side, Workshop in Garage, Boat, RV Access/Parking
MLS #20951392
Garage2 spaces

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Other, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Plumbed for Gas, Vented Exhaust Fan
  • Basement: No
  • Flooring Type: Linoleum, Wood
  • Interior: Built-in Features, Cedar Closet(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan, Paneling/Wainscoting, Cable TV, Natural Woodwork, Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Concrete, Door-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Lighted, On Site, Outside, Oversized, Garage Faces Side, Workshop in Garage, Boat, RV Access/Parking
  • Exterior: Lighting, Private Entrance, Private Yard, Rain Gutters, Storage
  • Architectural Style: Traditional, Detached
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $259,000
  • Price/SqFt: $179
  • Annual Tax Amount: $828
  • Tax Year: 2022
  • Lot: Back Yard, Corner Lot, Lawn, Landscaped, Subdivision, Few Trees
  • Directions: I-35 North to Gainesville. Take the Hwy 82 exit East to Refinery Rd. Left on Refinery Road and then right on Lynch St
  • Year Built: 1954
  • Living Area: 1,444 SqFt
  • Lot Size: 0.235 Acres
  • MLS Number: 20951392
  • MLS Name: NTR
  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: MISTY SCHMITZ

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Last updated on: 6/13/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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501 Lynch St, Gainesville, TX 76240 - single story home featuring a front yard and central AC unit

$259,000

501 Lynch St

$3,076

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$140,466$-
2022$183,292$828
2021$135,142$836
2020$118,350$831
2019$95,940$2,383
2018$87,218$2,383
2017$83,814$2,287

History based on county public records data.

Nearby schools

2

W E Chalmers Elementary School

Public District 2-4

3.0 mi

600 FM 3092

8

Lindsay Elementary School

Public District PK-6

4.5 mi

625 Knight Dr

4

Callisburg Elementary School

Public District PK-5

8.5 mi

648 FM 3164

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,681. The majority of Gainesville, TX residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

55%
<35k
39%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
31%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Lynch St

The listing price of 501 Lynch St property is $259,000.

The property 501 Lynch St is a house located in Gainesville, Texas, 76240.

Active Listing: 501 Lynch St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 Lynch St are: W E Chalmers Elementary School (GreatSchools Rating 2/10), Lindsay Elementary School (GreatSchools Rating 8/10), Callisburg Elementary School (GreatSchools Rating 4/10), Robert E Lee Intermediate School (GreatSchools Rating 3/10), Gainesville Jr High School (GreatSchools Rating 3/10), Callisburg Middle School (GreatSchools Rating 5/10), Gainesville High School (GreatSchools Rating 2/10), Lindsay High School (GreatSchools Rating 9/10), Callisburg High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2022 is $828 (source: MLS/based on county public records data).

The property at 501 Lynch St has 3 bedrooms and 2 bathrooms.

The property 501 Lynch St is 1,444 SqFt (source: MLS/tax record).

The year of construction for 501 Lynch St is 1954.

This home is located at 501 Lynch St in Gainesville, TX and zip code 76240. This 1,444 square foot home, which was built in 1954, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $259,000.

The number of listings in Gainesville, TX increased by 3.7% between April and May 2025. Listings spent 85 days on the market in May 2025, and had a median list price of $343,460 during the same period.

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

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