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$255,000 Just Listed
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Property Description
Welcome home to this beautifully updated 3-bedroom, 2-bath property situated on a spacious corner lot in a convenient Gainesville location. Just minutes from the elementary school, this home offers both comfort and practicality for everyday living. Inside, you'll find numerous recent updates, including stylish new vinyl flooring throughout the main living areas, updated tile in the bathrooms, kitchen improvements, and brand-new electrical upgrades for added peace of mind. The functional floor plan provides comfortable living spaces, while the large backyard offers plenty of room for outdoor entertaining, pets, gardening, or future projects. Whether you're a first-time homebuyer, growing family, or investor, this move-in-ready home combines modern updates, a desirable corner lot, and a convenient location all in one package.
Full Property Details
Full Property Details for 506 Melody
General
- Price: $255,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21294250
- Updated: 6/6/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Dishwasher, Electric Range, Disposal
- Flooring: Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry in Utility Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Garage Faces Side
Location
- County: Cooke
- Subdivision: Joy Acres
- Driving Directions: use GPS
School Information
- Elem School District: Gainesville ISD
- Midd School District: Gainesville ISD
- High School District: Gainesville ISD
- Elementary School: Edison
- Middle School: Lee, Gainesvill
- 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 Connected, Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Living Area: 1,464 Sq. Ft.
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.216
- Lot Size (Sq. Ft.): 9,408.96
- Fencing (Description): Back Yard
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 9544
Listed by The Real Estate Company, Kimberly Cain
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Schools
Schools serving 506 Melody
School District:Gainesville Independent School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School 1 Edison Drive, Gainesville, TX 76240 | PK-1 | 0.2 mi |
W E Chalmers Elementary School 600 Fm 3092, Gainesville, TX 76240 | 2-4 | 1 mi |
Gainesville Junior High School 1201 Lindsay Street, Gainesville, TX 76240 | 7-8 | 1.2 mi |
Gainesville High School 2201 S I 35, Gainesville, TX 76240 | 9-12 | 2.4 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 506 Melody
Date
Details
Price
Change
Source
6/06/2026
Listed
$255,000
—
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 506 Melody
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,000
10%
$191,197
—
2024
$3,623
-2%
$191,197
8%
2022
$3,698
—
$177,343
4%
2022
$3,698
25%
$169,868
36%
2021
$2,967
12%
$125,100
16%
2020
$2,641
2%
$107,785
10%
2019
$2,599
11%
$97,881
14%
2018
$2,348
9%
$85,933
8%
2017
$2,161
2%
$79,206
2%
2016
$2,119
2%
$77,933
2%
2015
$2,070
6%
$76,297
1%
2013
$1,949
2%
$75,754
3%
2012
$1,905
—
$73,782
—
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 506 Melody
506 Melody, Gainesville, TX 76240 (MLS# 21294250) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 Melody is currently listed for $255,000 and was received on June 06, 2026. Want to learn more about 506 Melody? 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.

