$269,900

506 Melody Ln Gainesville, TX 76240

$3,205
Closing credit¹
3 beds
2 full
1,464 sqft
0.2 acres
$184 / sqft
House

Property details

About 506 Melody Ln

Don’t miss this fully updated home ready for new owners! Updates throughout include new flooring, paint, fixtures, appliances, and more! The corner lot provides a big backyard for pets or kids to play. Close to Edison Elementary, but on a quiet street. Three bedrooms, two bathrooms with adorable vintage tile, open kitchen living area, spacious garage, and more! This is a great home that is move in ready!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,464 sqft
Lot size0.216 Acres
Year built1960
ParkingGarage, Garage Door Opener, Inside Entrance, Garage Faces Side
MLS #20941952
Attached garage2 spaces

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Disposal
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior: Eat-in Kitchen, High Speed Internet, Cable TV
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener, Inside Entrance, Garage Faces Side
  • Exterior: Storage
  • Architectural Style: Detached
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $269,900
  • Price/SqFt: $184
  • Annual Tax Amount: $3,698
  • Tax Year: 2023
  • Lot: Corner Lot, Landscaped
  • Directions: From California St, south on Line Drive; west on Laurel; home is located on corner of Laurel and Melody.
  • Year Built: 1960
  • Living Area: 1,464 SqFt
  • Lot Size: 0.216 Acres
  • MLS Number: 20941952
  • MLS Name: NTR
  • Office Name: PREMIERE REAL ESTATE
  • Office Phone: (940) 665-8921
  • Listing Agent: Kristi Hamilton

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: 6/14/2025, 11:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

506 Melody Ln, Gainesville, TX 76240 - view of front of property featuring brick siding and a front lawn

$269,900

506 Melody Ln

$3,205

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

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$177,343$3,698
2022$169,868$3,698
2021$125,100$2,640
2020$107,785$2,477
2019$97,881$2,348
2018$85,933$2,348
2017$79,206$2,161

History based on county public records data.

Nearby schools

2

W E Chalmers Elementary School

Public District 2-4

1.0 mi

600 FM 3092

8

Lindsay Elementary School

Public District PK-6

6.1 mi

625 Knight Dr

4

Callisburg Elementary School

Public District PK-5

6.7 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 $52,921. The majority of Gainesville, TX residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
60%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 506 Melody Ln

The listing price of 506 Melody Ln property is $269,900.

The property 506 Melody Ln is a house located in Gainesville, Texas, 76240.

Active Listing: 506 Melody Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 506 Melody Ln 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 $3,698 (source: MLS/based on county public records data).

The property at 506 Melody Ln has 3 bedrooms and 2 bathrooms.

The property 506 Melody Ln is 1,464 SqFt (source: MLS/tax record).

The year of construction for 506 Melody Ln is 1960.

This home is located at 506 Melody Ln in Gainesville, TX and zip code 76240. This 1,464 square foot home, which was built in 1960, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $269,900.

The number of listings in Gainesville, TX increased by 3.7% between April and May 2025. In May 2025 median list price was $343,460 and the average listing age was 85 days.

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

More resources