
$142,000
$159,900
500 Gibson St, Winnsboro, TX, 75494
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About this property
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.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Winnsboro
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These are Deal List properties graded A+, A.
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