This home's estimate is 18% higher than the average sale price ($228K) of 6 comparable homes.
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- Property details
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1902 Refinery Rd, Gainesville, TX 76240
About this home
Prime Location investment opportunity in Gainesville, TX only 13 minutes from Winstar World Casino! This charming 1949 home sits on .5 acres and has ample yard space bringing numerous options for growth. It is a blank canvas for those wanting to make updates. With the right vision and renovation, this property has significant potential to either be transformed into a charming residential space or a thriving commercial establishment. Its zoning for commercial use opens up a world of possibilities, allowing for a variety of business ventures or mixed use development. The home is located on the Southeast portion of the lot leaving ample yard space for RV storage, future shop or parking lot. Located near Interstate 35 for quick commuting to OK and HWY 82. The home features 3 bedrooms and 2 bathrooms, wood flooring and character from the 1950's. The backyard is fenced in with a covered porch and storage shed. Looking for a rental property or Airbnb for Casino guests? This location is great for tenants needing to commute. Property is being sold AS IS Don't miss out on this promising investment property!
Redfin Estimate
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Market trends in 76240, TX
Last updated August 2026
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Sale history for 1902 Refinery Rd
$112/sq ft
Tax history for 1902 Refinery Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Storage
- Parking & Garage
- Has Garage
- Has Attached Garage
- Garage Spaces: 2
Interior
- Virtual Tour
- Bathroom Information
- Bathrooms Full: 2
- Bathrooms Total Decimal: 2
- Bathrooms Total Integer: 2
- Bedroom Information
- Bedrooms Total: 3
- Fireplace Information
- Fireplaces Total: 0
- Interior Features
- Room Count: 6
- Appliances: Dishwasher, Electric Cooktop, Electric Oven
- Number Of Living Areas: 1
- Number Of Dining Areas: 1
- Living Area: 2098.00
- Levels: One
- Flooring: Carpet, Linoleum, Wood
- Interior Features: Eat-in Kitchen
- Laundry Features
- Laundry Features: Utility Room, Full Size W/D Area
- Room 1 Information
- Room Type: Primary Bedrm
- Room 2 Information
- Room Type: Bedroom
- Room 3 Information
- Room Type: Bedroom
- Room 4 Information
- Room Type: Bathroom
- Room 5 Information
- Room Type: Bathroom
- Room 6 Information
- Room Type: Living Room
Exterior
- Exterior Features
- Exterior Features: Covered Porch(es), Storage
- Fencing: Back Yard
- Patio And Porch Features: Covered
- Farm Information
- Barns Count: 0
- Lot Information
- Lot Features: Lrg. Backyard Grass
- Lot Size: .5 to < 1 Acre
- Lot Size Acres: 0.5000
- Lot Size Area: 0.5000
- Lot Size Source: Owner
- Lot Size Square Feet: 21780.0000
- Lot Size Units: Acres
- Parcel Number: 63
- RATIO List Price By Lot Size Acr: 470000.00000
- Will Subdivide: No
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Accessibility Features YN: No
- Property Attached YN: No
- Multi Parcel IDYN: No
- Property Key: 48097|63|1|72873056
- Property Match: Address
- US Property MUI: 411334371
- Building Information
- Year Built: 1949
- Smart Home Features Appor Pass Y: No
Financial
- Financial Information
- Buyer Financing: Other
- Loan Type: Treat As Clear
- Second Mortgage YN: No
Utilities
- Utility Information
- Municipal Utility District YN: No
- Utilities: City Sewer, City Water
Location
- HOA Information
- Association Type: None
- School Information
- Elementary School: Edison
- Elementary School Name: Edison
- High School Name: Gainesvill
- Junior High School Name: Gainesvill
- School District: Gainesville ISD
- Location Information
- County Or Parish: Cooke
- Country: United States
- Directions: Heading West on HWY 82, turn right on Refinery Road. Property is located on the Right.
- Latitude: 33.64424600
- Longitude: -97.15312700
- Geocode Confidence: High
- Subdivision Name: Walker J
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 2,098
- Stories: —
- Lot Size: 0.52 acres
- Style: Single Family Residential
- Year Built: 1949
- Year Renovated: —
- County: Cooke County
- APN: 000000000063
Other
- Documents & Disclosures
- Doc Box Num Mls Documents: 1
- Doc Box Num Private Documents: 0
- Doc Box Num Public Documents: 0
- Green Verification Information
- Green Verification Count: 0
- Listing Information
- Attribution Contact: 972-382-8882
- Consent for Visitors to Record: Video
- DOCBOX GUID: 3C26C2D0-535E-4D4D-9422-4B29E5ADBC9C
- Doc Box Modification Timestamp: 2024-12-02T10:53:03.413
- Exclusions: Washer/Dryer
- List Source Original: Matrix
- Listing Agreement: Exclusive Right To Sell
- Listing Id: 20788152
- Listing Key Numeric: 447149288
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Mls Status: Closed
- Previous Status: Pending
- Notice Surveillance Devices Pres: None
- Originating System Name: North Texas Real Estate Information Systems
- Photos Count: 25
- Possession: Closing/Funding
- Seller Contributions: 0
- Special Listing Conditions: Standard
- Standard Status: Closed
- Third Party Assistance Program Y: No
- Transaction Type: For Sale
- Listing Date Information
- Days On Market: 16
- Cumulative Days On Market: 16
- Close Date: 2025-02-04
- Purchase Contract Date: 2024-12-18
- Expiration Date Option: 2025-01-08
- Listing Contract Date: 2024-12-02
- Off Market Date: 2024-12-18
- Status Change Timestamp: 2025-02-06T14:36:58.387
- Listing Price Information
- Original List Price: 235000.00
- List Price: 235000.00
- RATIO Close Price By Lot Size Ac: 400000.00000
- RATIO Current Price By Lot Size: 400000.00000
Around this home
Schools
Public 5-6 • Assigned • 1.2mi
Public 7-8 • Assigned • 2.2mi
Public 9-12 • Assigned • 2.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
4% chance of being in a wildfire in next 30 years
7 days above 110° expected this year, 21 days in 30 years
16% chance of strong winds in next 30 years
3 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 10.1 hours in June and 5.6 hours in December, placing it above the U.S. average for solar exposure.
Sell confidently with a local market expert in Gainesville. 3 minutes to get started.
Nearby similar homes
New listings for sale in 76240
Home values near 1902 Refinery Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1583 Sq. Ft. | $183,912 |
3 Beds | 2 Baths | 1673 Sq. Ft. | $237,746 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1186 Sq. Ft. | $185,452 |
3 Beds | 2 Baths | 1452 Sq. Ft. | $198,486 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1176 Sq. Ft. | $179,077 |
2 Beds | 2 Baths | 764 Sq. Ft. | $155,851 |
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