Gainesville Homes under $500,000

Welcome to Gainesville, Texas – a hidden gem nestled in Cooke County that beautifully blends small-town charm with modern conveniences. Known for its friendly atmosphere and rich history, Gainesville is the perfect place for families, retirees, and anyone looking to enjoy a vibrant community. With its picturesque downtown area, filled with unique shops and delightful eateries, residents relish the warm, welcoming vibe that this city has to offer.

Gainesville boasts a variety of recreational opportunities, from scenic parks and nature trails to the stunning Lake Texoma nearby, where fishing, boating, and picnicking are just a few of the ways to enjoy the great outdoors. The city is also home to several annual events and festivals that bring the community together, making it easy to forge lasting friendships.

For those looking to settle down in Gainesville, you'll be pleased to discover a range of homes available for under $500,000. Whether you're searching for a cozy starter home, a spacious family residence, or a charming cottage, Gainesville's real estate market offers diverse options to fit your needs and budget. With well-maintained neighborhoods and a strong sense of community, finding your dream home here is not just a possibility—it's a reality.

As you explore Gainesville, you'll find that this city not only offers affordable housing but also a quality of life that is hard to beat. Embrace the opportunity to live in a place where community spirit thrives, and every day feels like a warm welcome home. Come discover the charm of Gainesville, Texas, and make it your next home sweet home!

Newest Gainesville Homes under $500,000

$247,900

3 Beds ⋅ 2 Baths ⋅ 21406944 MLS

Enjoy timeless charm and modern conveniences in this adorable home, ideally located just minutes from Gainesville's historic downtown square. This home is move in ready! Recent improvements include a newer HVAC system, energy efficient windows, a 200-amp electrical panel, metal roof and updated plumbing and supply lines. The completely remodeled kitchen and bathrooms add a fresh touch while enhancing the home's appeal. This home offers split bedrooms with the oversized master located in the back of the home for privacy. A wonderful blend of character, comfort and important updates make this one you don't want to miss! ***More photos coming soon***

816 S Dixon St, Gainesville

$450,000

4 Beds ⋅ 2 Baths ⋅ 21404319 MLS

Beautifully designed one owner home nestled on a gorgeous oversized corner lot! Thoughtfully designed with the character and charm of a historic home while offering the comfort and convenience of modern amenities. The spacious dining area features beautiful parquet wood flooring and flows into a chef-inspired kitchen complete with granite countertops, tumbled-stone backsplash, stainless steel appliances and ample cabinetry. A generous living area with a wood burning fireplace opens beautifully to the outdoor patio, creating a wonderful space for everyday living and entertaining. The home offers two generously sized secondary bedrooms plus a private primary suite featuring an ensuite bath with a large walk-in shower, built-in cabinetry and closet. An additional adjoining room provides wonderful flexibility and would be ideal as a nursery, home office, game room, craft room or additional bedroom. Outside, the beautifully landscaped corner lot is equally impressive with mature shade trees, a circle drive, perimeter brick and iron fencing, and a lovely fenced backyard. An oversized two car side-entry garage provides excellent parking and storage, while an attached 21’ x 10’ home office with private access through the garage creates a dedicated space for working from home. Two additional storage buildings-workshop areas with electricity offer even more versatility. Loaded with character, flexible living spaces and thoughtful extras inside and out, this special property has so much to offer!

1500 E California St, Gainesville

$219,000

2 Beds ⋅ 1 Baths ⋅ 21405068 MLS

This adorable, updated 2-bedroom, 1-bath home is bursting with character and move-in ready appeal. Step inside to a spacious open living area that flows effortlessly into the dining space, making it ideal for everyday living or entertaining guests. The cute, functional kitchen offers great storage and an oversized pantry that’s hard to find in homes this size! Whether you’re a first-time homebuyer looking for the perfect starter home or an investor searching for a solid addition to your portfolio, this property checks all the boxes. Enjoy added peace of mind with a recently replaced HVAC system, new water heater, and warrantied foundation, plus the convenience of a 2-car carport for covered parking. With so many of the big-ticket items already taken care of, this home is ready for its next owner!

302 Meadow Dr, Gainesville

$289,000

3 Beds ⋅ 2 Baths ⋅ 21403146 MLS

Welcome home to this beautifully updated 3-bedroom, 2-bath home in a quiet, established Gainesville, Texas neighborhood. Featuring fresh interior and exterior paint, new flooring and carpet, updated fixtures throughout, new sewer plumbing underneath the home, and a storage shed, this home offers a fresh, modern feel while maintaining its welcoming charm. Enjoy the shade of mature trees in both the front and backyard, creating a peaceful setting for relaxing or entertaining. The listing agent is related to the seller.

2008 Maplewood Dr, Gainesville

$289,900

3 Beds ⋅ 2 Baths ⋅ 21401949 MLS

Tucked away at the end of a quiet cul-de-sac in a wonderful, established neighborhood, this all-brick home has the kind of warmth and character that immediately feels like home. From the moment you walk in, you can picture family gatherings, holidays, Sunday dinners, and everyone having a place to spread out and stay awhile. The formal dining room welcomes you in and leads to a spacious kitchen featuring an extra-long stretch of counter space—perfect for holiday cooking, baking, canning, or setting out a buffet for a crowd. Just off the kitchen is an unusually large bonus space that could make an incredible walk-in pantry, sewing room, craft room, or additional storage area, plus a separate laundry room. The main living room features a wood-burning fireplace and opens to an additional flex room that can easily serve as a home office, game room, second living area, hobby room, or additional bedroom. Throughout the home, you’ll find details that reflect the quality and thoughtful design of a custom-built home from its era. Outside, the large backyard has that nostalgic “Grandma’s house” feeling—a place for kids to play, pets to roam, gardens to grow, and family and friends to gather. A storage shed provides additional space for lawn equipment, tools, or hobbies, while the rear-entry garage helps preserve the welcoming curb appeal out front. If you’ve been looking for an established neighborhood, a cul-de-sac location, generous living and storage spaces, and a home with genuine character instead of a cookie-cutter floor plan, put this one on your must-see list.

311 Wheeler Creek Ct, Gainesville

$138,000

2 Beds ⋅ 1 Baths ⋅ 21402477 MLS

Discover Your Beautifully Renovated Dream Home With Modern Upgrades Throughout Welcome home to this beautifully renovated residence, now available for rent and ready for immediate move in. Thoughtfully updated from top to bottom, this inviting home offers the perfect blend of modern style, everyday comfort, and functional living, making it an exceptional place to call home. Step inside to discover an impressive remodeled kitchen featuring elegant granite countertops, sleek stainless steel appliances, and updated cabinetry that creates a stylish and practical space for cooking and entertaining. Gorgeous vinyl wood flooring flows throughout the home, complemented by faux wood blinds, contemporary light fixtures, and fresh finishes that give every room a bright, welcoming feel. The remodeled bathrooms showcase tasteful upgrades with modern fixtures and finishes, adding a touch of luxury to your daily routine. Every detail has been carefully considered to provide comfort, convenience, and timeless appeal.

1012 Faye St, Gainesville

$449,000

3 Beds ⋅ 3 Baths ⋅ 21385981 MLS

Welcome to a truly special home nestled in the highly sought-after Historic District of Gainesville, where timeless charm meets thoughtful updates and everyday comfort. Beautifully maintained and filled with character, this home offers the kind of warmth and spaciousness that immediately feels like home. The heart of the home is the inviting kitchen, featuring a gas cooktop, double ovens, pot filler, abundant counter space, and a generous walk-in Pantry--perfectly designed for both everyday living and entertaining family and friends. A wood-burning fireplace adds warmth and ambiance, while the study, den or office offers an elegant wet bar, creating a wonderful space to work, unwind, or entertain. Storage is exceptional, with generously sized walk-in closets throughout, including double closets in the primary suite. With two HVAC Systems and two water heaters, comfort and convenience are thoughtfully built into this home. Step out back to discover your own little taste of paradise. The covered outdoor patio creates an inviting retreat for morning coffee, evening conversations, or simply enjoying the peaceful surroundings. Additional highlights include RO Water Filtration, New Roof- 2023, New Hot Water Heater- 2023, Electric Driveway Gate Updated- 2025, New Dishwasher- 2025, New Irrigation Controller- 2026, circle driveway, rear-entry access to the 2-car garage, and a beautiful electric wrought-iron gate that adds both privacy and curb appeal. Charming, spacious, beautifully cared for, and rich with character – this is more than a house; it’s a place to slow down, gather, and enjoy the beauty of home. Welcome Home!

1005 S Denton St, Gainesville

$229,900

3 Beds ⋅ 2 Baths ⋅ 21399187 MLS

Room to spread out inside and out in Gainesville's Hillcrest Addition. This 3 bedroom, 2 bath home offers 1,659 square feet with two living areas, a separate dining area and a layout that gives you options for everyday living and entertaining. The front living room welcomes you with natural light, while the second living area features a wood burning fireplace, built-in shelving and French doors leading to the covered rear porch. The kitchen connects to the dining and living spaces and features white cabinetry, a gas range and a breakfast bar for casual seating. Tile flooring in the main living areas and luxury vinyl plank in the bedrooms make upkeep practical. An indoor utility room adds convenience, and the attached 2 car garage provides parking and storage. Outside, mature trees shade a spacious backyard with room to garden, gather or simply enjoy time outdoors. Covered front and rear porches offer places to relax throughout the day. Priced with room to make it your own, this home offers an opportunity to choose the updates, colors and finishing touches that reflect your personal style. Enjoy the existing character and practical layout while making improvements at your own pace. A comfortable home with flexible living space and plenty of potential for your next chapter.

1111 Elmwood St, Gainesville

$258,500

2 Beds ⋅ 2 Baths ⋅ 21398249 MLS

Absolutely adorable 2-bedroom, 2-bath home nestled on a beautifully landscaped corner lot in Historic Gainesville, just a short walk from downtown dining, shopping, and entertainment! This charming home offers a flexible floor plan filled with warmth and character. The inviting living area features beautiful hardwood flooring, and spacious kitchen with abundant cabinetry, granite countertops, stainless steel appliances, and an adjoining dining area. Atrium doors open to a covered back deck, creating the perfect spot for morning coffee, outdoor dining, or relaxing while overlooking the gorgeous backyard. The primary suite features generous closet space and a private bath, while the guest bedroom and second full bath are conveniently located just off the living area. Outside, the curb appeal is simply delightful! A covered front porch overlooks the beautifully landscaped corner lot, while the backyard is surrounded by lush, established landscaping that creates a peaceful and private retreat. A large storage building remains with the property, and additional features include covered parking and a tankless water heater. Charming, comfortable, and wonderfully located...there is so much to love about this special home in the heart of Gainesville!

229 E Tennie St, Gainesville

$264,900

3 Beds ⋅ 2 Baths ⋅ 21395871 MLS

Welcome to this beautifully updated 3 br, 2 bath home located in a quiet, established neighborhood. Offering approx. 1400 SF, the home features a comfortable open floor plan with a spacious kitchen & dining area that's perfect for everyday living & entertaining. The home was extensively remodeled in 2018 and features easy-care tile and luxury vinyl plank flooring throughout. One of the home's highlights is the screened-in back porch overlooking the fenced backyard and peaceful wooded area beyond - an inviting spot for morning coffee, relaxing in the evening, or enjoying the outdoors. Additional features include an all-brick exterior, generous kitchen & dining space, updated interiors, and a nicely sized lot of approx. 9148 SF. Conveniently located in Gainesville, this move-in-ready home offers comfortable living with plenty of charm and privacy.

1107 Oxford Dr, Gainesville

$359,000

4 Beds ⋅ 2 Baths ⋅ 21396293 MLS

Customize your dream home with MCooper Homes on this spacious 0.26-acre lot, featuring a thoughtfully designed 4-bedroom, 2-bath floor plan with 1,795 square feet of living space and a attached 2-car garage. This build-to-suit opportunity offers the perfect blend of functionality and modern living, with an open-concept design ideal for everyday comfort and entertaining. The four-bedroom layout provides flexibility for a work from home lifestyle, a home office, guest space, or hobbies, while the well-appointed primary suite and spacious secondary bedrooms offer comfort and convenience. The generous lot size allows ample room for outdoor living, landscaping, and additional customization to fit your lifestyle. Built by MCooper Homes, known for quality craftsmanship and attention to detail, this home presents a rare opportunity to personalize finishes and create a space uniquely your own. Don't miss the chance to build this beautiful 4-bedroom, 2-bath home on a premium 0.26-acre homesite and enjoy custom living designed around your vision! *The current house on the lot will be demolished* *The lot is also listed seperately for sale on MLS ( MLS #21396399).* *The exterior elevation picture and picture of the plan are AI generated images of the original plans*

1013 E Tennie, Gainesville

$357,000

3 Beds ⋅ 3 Baths ⋅ 21393725 MLS

Ideally located just minutes from North Central Texas College, Gainesville High School, the renowned Frank Buck Zoo, and the charming boutiques, dining, and entertainment of historic downtown Gainesville, this quality-built home offers timeless design and exceptional functionality. Step inside to discover soaring vaulted ceilings accented by beautiful wood beams, creating a warm and inviting atmosphere throughout the spacious living area. A cozy wood-burning fireplace serves as the centerpiece of the living room, while the chef-inspired kitchen is equipped with solid surface countertops, built-in appliances, abundant cabinetry, and a large walk-in pantry. The oversized utility room provides flexibility and could easily serve as a sewing room, baking center, hobby space, or home office. The private primary suite offers a peaceful retreat complete with patio access, a generous walk-in closet, and an en-suite bath featuring a separate shower and tub. Two spacious guest bedrooms share an adjoining bathroom, while a convenient half bath and built-in hallway cabinetry add both comfort and practicality. Outdoor living with a covered pergola overlooking the beautifully landscaped backyard. Additional amenities include an oversized two-car garage with a large safe, extended driveway for extra parking, sprinkler system, storage building, and mature landscaping that enhances the home’s curb appeal. This exceptional property combines quality craftsmanship, thoughtful design, and an unbeatable location—making it the perfect place to call home.

1904 Tulane Ave, Gainesville

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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