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$240,000 Just Listed
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Property Description
Expansive .78 acre corner lot features updated electrical, new HVAC, and roof replaced in 2021. Oversized kitchen features freshly painted white cabinets, new stainless steel appliances, pantry, plenty of countertops and convenient oversized washer and dryer hookups in utility closet. Dining room overlooks front porch seamlessly connecting kitchen and living room. Large light filled living area features original refinished hardwoods with direct access to spacious backyard. Split bedroom floor plan features primary bedroom with oversized closet and ensuite bathroom with additional room for dressers or sitting area. Two additional bedrooms share updated bathroom with modern finishes. Exterior highlights include large cleared lot with one area completely fenced providing room to run for pets and children with potential for expansion to the house with pier and beam foundation, outdoor living, entertaining, parking for small boats, plenty of room to build future improvements and so much more all conveniently located within the city limits with city utilities and services. Located minutes from casinos, downtown Gainesville, and Interstate 35. Washer, dryer, and refrigerator are negotiable.
Full Property Details
Full Property Details for 1520 Olive St
General
- Price: $240,000
- Taxes: $3,896
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21253819
- Updated: 5/7/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Some Gas Appliances, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Plumbed For Gas, Refrigerator, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Parking
- Parking Features: Driveway, Gravel, Oversized
Location
- County: Cooke
- Subdivision: Toby T
- Driving Directions: Use your favorite GPS
School Information
- Elem School District: Gainesville ISD
- Midd School District: Gainesville ISD
- High School District: Gainesville ISD
- Elementary School: Chalmers
- High School: Gainesvill
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,446 Sq. Ft.
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.78
- Lot Size (Sq. Ft.): 33,976.8
- Lot Size Source: Public Records
- Lot Features: Back Yard, Cleared, Corner Lot, Lawn
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,896
- Terms: Conventional, FHA
Disclosures and Reports
- Legal Description: TOBY T 1059
- Property ID: 2198
Listed by Compass RE Texas, LLC, Lisa King
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Schools
Schools serving 1520 Olive St
School District:Gainesville Independent School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School 1 Edison Drive, Gainesville, TX 76240 | PK-1 | 0.7 mi |
W E Chalmers Elementary School 600 Fm 3092, Gainesville, TX 76240 | 2-4 | 1.6 mi |
Gainesville Junior High School 1201 Lindsay Street, Gainesville, TX 76240 | 7-8 | 1.6 mi |
Gainesville High School 2201 S I 35, Gainesville, TX 76240 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1520 Olive St
Date
Details
Price
Change
Source
5/07/2026
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1520 Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,527
—
$186,120
—
2024
$3,527
2%
$186,220
3%
2022
$3,458
—
$181,655
14%
2022
$3,458
74%
$158,866
67%
2021
$1,986
11%
$95,075
8%
2020
$1,793
-7%
$87,871
24%
2018
$1,937
4%
$70,879
4%
2017
$1,860
-9%
$68,154
-11%
2019
$2,039
13%
$76,766
16%
2016
$1,804
4%
$66,372
4%
2015
$1,728
6%
$63,678
—
2013
$1,626
2%
$63,423
2%
2012
$1,599
—
$61,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1520 Olive St
1520 Olive Street, Gainesville, TX 76240 (MLS# 21253819) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1520 Olive Street is currently listed for $240,000 and was received on May 07, 2026. Want to learn more about 1520 Olive Street? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

