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$775,000

1070 Fm 3329, Olney, TX, 76374

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.75 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Garage Spaces3

About this property

Situated just minutes outside of town on nearly 12 acres, this impressive 4,000 sq. ft. home offers the rare combination of a substantial custom residence, beautiful outdoor living, and room to breathe. The striking exterior immediately stands out with its dramatic gabled roofline, brick and upgraded SmartSide exterior, double-door entry, updated windows, mature trees, and beautiful white Mexican flagstone. The home sports a Presidential TL Class 4 shake-style roof. Inside, the home feels bright, spacious, and timeless with white and neutral finishes, updated fixtures, and an incredible main living room featuring a tongue-and-groove cathedral ceiling, wood-burning fireplace, and a statement chandelier. The floor plan offers three bedrooms downstairs, with a flexible bonus room. The upstairs provides a fourth bedroom, along with a spacious second living area previously enjoyed as a game room, providing plenty of flexibility for family, guests, entertaining, or hobbies. For convenience and safety, access to a storm cellar is located inside the attached three car garage. Step outside and the property becomes something truly special. The diving pool creates a resort-like backyard retreat with a grotto, waterfall, and stunning white flagstone surround. Whether you're hosting summer pool parties, gathering friends and family, or simply enjoying a quiet evening at home, this property was made to be enjoyed. Beyond the backyard, nearly 12 acres provide an incredible sense of space and privacy with multiple trees and plenty of room to make the property your own. A 40 X 30, 1,200 sq. ft. shop offers enough space to easily accommodate four vehicles, with electricity and a water meter located nearby.

Investor Tools

$0Estimated Mortgage Balance
$304,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Callie Hicks

Everlong Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

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.

Explore Texas Explore This Area
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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