ABSTRACT We present TOI-1259Ab, a 1.0RJup gas giant planet transiting a 0.71R⊙ K-dwarf on a 3.48 d orbit. The system also contains a bound white dwarf companion TOI-1259B with a projected distance of ∼1600 au from the planet host. Transits are observed in nine TESS sectors and are 2.7 per cent deep – among the deepest known – making TOI-1259Ab a promising target for atmospheric characterization. Our follow-up radial velocity measurements indicate a variability of semiamplitude $K=71\, \rm m\, s^{-1}$, implying a planet mass of 0.44MJup. By fitting the spectral energy distribution of the white dwarf, we derive a total age of $4.08^{+1.21}_{-0.53}$ Gyr for the system. The K dwarf’s light curve reveals rotational variability with a period of 28 d, which implies a gyrochronology age broadly consistent with the white dwarf’s total age.