Redfin is joining Rocket

Discover how we're simplifying your journey home.

$264,000

505 S Grand Ave Gainesville, TX 76240

3 beds
2 full
2,048 sqft
0.5 acres
$129 / sqft
House

Property details

About 505 S Grand Ave

Charming Vintage Home on Expansive Half-Acre Lot Step into timeless elegance with this beautifully maintained vintage home, nestled on a spacious half-acre lot. From the moment you enter, you’ll be captivated by the warmth of original hardwood floors, classic shiplap walls, and a cozy woodburning fireplace that anchors the inviting living space. Soaring ceilings enhance the sense of space and light, creating an airy yet comfortable atmosphere. This unique residence features two generously sized primary bedrooms, ideal for multi-generational living or accommodating guests in style. The updated kitchen and bathrooms offer modern convenience while preserving the home’s nostalgic charm, striking the perfect balance between past and present. Outdoors, enjoy a large fenced backyard, ideal for kids, pets, or gardening, along with a detached three-car garage that provides ample storage and workspace. The covered patio is perfect for entertaining year-round or simply relaxing and enjoying your peaceful surroundings. Full of character and thoughtful updates, this home is a rare blend of vintage beauty and everyday functionality. Don’t miss your chance to own a piece of the past—refreshed for today’s lifestyle.

Highlights

Home typeSingle Family Residence
HeatingCentral, Fireplace(s), Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,048 sqft
Lot size0.519 Acres
Year built1920
ParkingDoor-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Lighted, Oversized, Garage Faces Side, Storage
MLS #20938383
Garage3 spaces
FireplaceDining Room, Masonry, Raised Hearth, Wood Burning

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Other, Dishwasher, Electric Range, Disposal, Microwave, Plumbed for Gas
  • Basement: No
  • Flooring Type: Brick, Carpet, Hardwood, Pavers, Wood
  • Interior: Built-in Features, Decorative/Designer Lighting Fixtures, High Speed Internet, Multiple Master Suites, Paneling/Wainscoting, Cable TV, Walk-In Closet(s)
  • Fireplace: Dining Room, Masonry, Raised Hearth, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Door-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Lighted, Oversized, Garage Faces Side, Storage
  • Exterior: Private Yard
  • Architectural Style: Victorian, Detached
  • Heating: Central, Fireplace(s), Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $264,000
  • Price/SqFt: $128
  • Annual Tax Amount: $2,432
  • Tax Year: 2023
  • Lot: Back Yard, Corner Lot, Lawn, Few Trees
  • Directions: I-35 North to Gainesville. Take the California St exit East to Grand Ave. Right on Grand Ave. Property will be on the right.
  • Year Built: 1920
  • Living Area: 2,048 SqFt
  • Lot Size: 0.519 Acres
  • MLS Number: 20938383
  • MLS Name: NTR
  • Office Name: TIERRA REAL ESTATE
  • Office Phone: (940) 665-6730
  • Listing Agent: MISTY SCHMITZ

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 7/17/2025, 11:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2023$143,600$2,432
2022$174,509$2,432
2021$118,677$1,708
2020$81,120$1,575
2019$73,610$2,062
2018$75,477$2,062
2017$78,558$2,143

History based on county public records data.

Nearby schools

2

W E Chalmers Elementary School

Public District 2-4

1.6 mi

600 FM 3092

8

Lindsay Elementary School

Public District PK-6

5.5 mi

625 Knight Dr

4

Callisburg Elementary School

Public District PK-5

7.3 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 $55,340. The most common annual income of people living in Gainesville, TX is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
71%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
15%
Single, with Kids
28%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
31%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • College FootballCollege Football

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • CountryCountry
  • Adult StandardsAdult Standards
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 505 S Grand Ave

The listing price of 505 S Grand Ave property is $264,000.

The property 505 S Grand Ave is a house located in Gainesville, Texas, 76240.

Active Listing: 505 S Grand Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 S Grand Ave are: W E Chalmers Elementary School (GreatSchools Rating 2/10), Lindsay Elementary School (GreatSchools Rating 8/10), Callisburg Elementary School (GreatSchools Rating 4/10), Gainesville Jr High School (GreatSchools Rating 3/10), Robert E Lee Intermediate 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 2023 is $2,432 (source: MLS/based on county public records data).

The property at 505 S Grand Ave has 3 bedrooms and 2 bathrooms.

The property 505 S Grand Ave is 2,048 SqFt (source: MLS/tax record).

The year of construction for 505 S Grand Ave is 1920.

This home is located at 505 S Grand Ave in Gainesville, TX and zip code 76240. This 2,048 square foot home, which was built in 1920, sits on a 0.52 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $264,000.

Between May and June 2025, Gainesville, TX real estate market has seen increase in the number of listings by 7.2%. The median list price of listings available in June 2025 was $338,927, while the average time on the real estate market was 91 days.

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

More resources