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$142,000
Property Description
Great home or investment property. This completely updated and renovated property is currently used as a rental property - and has a waiting list. New roof, new flooring, new kitchen cabinets, and foundation work all done in 2023. This property sits on a quiet road without through traffic which makes this neighborhood a great place for an evening stroll or to take your furry friends to play at Walker Park. The updates, new roof, and new heating/ac mini-split units, and new hot water heater make it the perfect move-in ready personal residence or investment property. Another plus? The perfect price and perfect location. This home is within walking distance to the shops and restaurants in the vibrant downtown area of Winnsboro. Winnsboro is a quiet community located approximately 2 hours from the DFW area and close to many area lakes including Lake Winnsboro, Lake Cypress Spring, Lake Bob Sandlin, and Lake Fork.
Full Property Details
Full Property Details for 500 Gibson St
General
- Price: $142,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 25000556
- Updated: 8/3/2026
- Added to Site: 575 day(s) ago
Interior
- Interior Features: All Bedrooms Downstairs, Paneling
- Fireplace: Yes
- Fireplace(s): Other
- Appliances: Gas Range, Dishwasher, Gas Oven, Standard Gas
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Shower and Tub, See Remarks, Linen Closet
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Gravel
Location
- County: Wood
- Subdivision: (5305) City of Winnsboro
- Driving Directions: From Main Street and Hwy 11 in Winnsboro: Proceed North on Main Street. Turn left on Pine Street. Turn Left on Pecan and an immediate left on Gibson. The property is located on the left. House number is on the wooden mailbox and house.
School Information
- Elementary School: Winnsboro
- Middle School: Winnsboro
- High School: Winnsboro
Heating & Cooling
- Cooling Type: Other/See Remarks
- Heating Type: Other/See Remarks
Utilities
- Water: City of Winnsboro, Public
- Utility Description: Cable Available, Satellite
Structural Information
- Architectural Style: Cottage, Traditional
- Construction: See Remarks
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Entry Floor Number: 1
- Square Feet: 912
- Sq. Ft. Source: Wood CAD
- Year Built: 1935
- Year Built Source: Owner
- Property Condition: Pre-owned
Lot Features
- Lot Size (Acres): 0.204
- Lot Dimensions: .204 acres
- Lot Description: Half Acre Or Less
- Fencing (Description): Chain Link
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $155.7
- For Sale/Rent/Lease: For Sale
- Assoc Fee Freq.: None
- Tax Year: 2024
- Terms: Conventional, FHA, VA Loan, Cash
- Warranty: As-Is Condition @ Closing, See Seller's Disclosure, 1 Year Warranty Available
Disclosures and Reports
- Documents Avail.: Survey Plat, New Survey Lines Marked, Field Notes
- Legal Description: LOT PT 3A, PT 3B BLK Y-1 .1952 CITY OF WINNSBORO
Listed by Clements, REALTORS®, Deborah May
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Schools
Schools serving 500 Gibson St
School District:Winnsboro Independent School District
| Name | Grades | Distance |
|---|---|---|
Winnsboro Memorial Int 505 South Chestnut Street, Winnsboro, TX 75494 | 3-5 | 0.7 mi |
Winnsboro Elementary School 310 West Coke Road, Winnsboro, TX 75494 | PK-2 | 0.9 mi |
Winnsboro Junior High School 409 Newsome Street, Winnsboro, TX 75494 | 6-8 | 0.6 mi |
Winnsboro High School 634 South Post Oak Street, Winnsboro, TX 75494 | 9-12 | 0.6 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 500 Gibson St
Date
Details
Price
Change
Source
1/10/2025
Listed
$142,000
—
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 500 Gibson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,940
95%
$95,789
44%
2022
$994
—
$66,520
57%
2022
$994
11%
$42,470
12%
2021
$893
—
$38,080
—
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 500 Gibson St
500 Gibson Street, Winnsboro, TX 75494 (MLS# 25000556) is a Single Family property with 2 bedrooms and 1 full bathroom. 500 Gibson Street is currently listed for $142,000 and was received on January 10, 2025. Want to learn more about 500 Gibson Street? Do you have questions about finding other Single Family real estate for sale in Winnsboro? You can browse all Winnsboro real estate or contact a Coldwell Banker agent to request more information.
