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$937,840

NAL Estimated Property Value

1633 Olive Ave, Celina, TX, 75009

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,023 Sq Ft
price_per_sqft$273.43 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Fire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Other

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-10967-00F-0260-1
Lot Number26
SubdivisionLight Farms The Hazel Neighborhood Phase
Land UseResidential
Legal DescriptionLIGHT FARMS THE HAZEL NEIGHBORHOOD PHASE 1 (GCN), BLK F, LOT 26
Census Tract030306
Assessed Land Value$236,500
Assessed Improvement Value$701,340
Assessment Year2025

About this property

Gorgeous home on an oversized lot located in the highly sought after, resort style, Master Planned Community of Light Farms! Open, airy and functional floorplan, creates a great space for entertaining and daily living! Neutral color palette throughout. great for any design style! Back yard oasis with pool, outdoor kitchen, covered pergola and still plenty of room for so much more! This home is a rare find! PROSPER ISD - on site elementary school! Two bedrooms on first floor. Full 3 CAR GARAGE. Don't miss all the amenities the community has to offer as well! From 13+ miles of trails, pools, tennis courts, gym, private lake, and onsite restaurant. This beautiful home won't last long!

Investor Tools

Property Icon
$937,840
Estimated Property Value
$348,686Estimated Mortgage Balance
$589,154Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,266/month
$132/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,502
$937,840
2025
$236,500
$701,340
$937,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,502
$937,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$352,800
No
First
Sep 26, 2025
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,686
$589,154
62%
37%
$2,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$2,248/mo
+$1,232/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Celina

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1633 Olive Ave | Property Details | No Agent List