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$395,430

NAL Estimated Property Value

1032 Cactus Drive, Olney, TX, 76374

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$58 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringTile, Other

Exterior

Lot Size26,563 sqft

Building Information

Year Built1967
Garage Spaces1

Land Information

APN8325
Lot Number12-14
Land UseResidential
Legal DescriptionPARK HEIGHTS - BLK 4, LOTS 12-14
Census Tract950200
Assessed Land Value$17,500
Assessed Improvement Value$377,930
Assessment Year2025

About this property

Wonderful location; close to Olney’s Hospital, Family Clinic and Independent School System. This 3225 sq ft. home was built in 1967; the home includes Four bedrooms, two full baths, a garden Solarium sits in the middle of the home. The living area with wood burning fireplace includes a kitchen and formal dining room. The one large Living area is crowned by a cathedral ceiling with wooden beams. The backyard is spacious; brick and wood fence surrounds the property. This property is SOLD “AS IS” ONLY. This property is waiting for a new life and an owner with a vision of the beauty it will become.

Investor Tools

Property Icon
$395,430
Estimated Property Value
$0Estimated Mortgage Balance
$395,430Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,373 /month
Positive
Cash Flow Estimate:
$791 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,148
$395,430
2025
$17,500
$377,930
$395,430
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,148
$395,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,430
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,459/mo
N/A
+$1,459/mo
4.4%

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Olney

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1032 Cactus Drive | Property Details | No Agent List