#20968702, RITA GREER, Virginia Capps, Listing office: RE/MAX FIRST REALTY
501 Lynch St Gainesville, TX 76240
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
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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$259,000
501 Lynch St
$3,076
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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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.