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$675,000

1649 Olive Ave, Celina, TX, 75009

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.12 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size7,638 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APNR-10967-00F-0300-1
Lot Number30
SubdivisionLight Farms The Hazel Neighborhood Phase
Land UseResidential
Legal DescriptionLIGHT FARMS THE HAZEL NEIGHBORHOOD PHASE 1 (GCN), BLK F, LOT 30
Census Tract030306
Assessed Land Value$215,000
Assessed Improvement Value$486,327
Assessment Year2025

About this property

Seller offering up to 2.5% in seller credits to use towards rate buy down or closing costs with preferred lender. Maximize all the conveniences of single-story living in this thoughtfully designed home. This spacious layout features a large, open family room with abundant natural light, a fireplace, and both tray and vaulted ceilings that add architectural interest. You’ll also find a pocket office plus a separate study, along with custom cabinetry and an inviting outdoor fireplace that extends your living space outside. As a DreesSmart Energy Star Certified home, it’s designed to deliver exceptional efficiency — helping save up to 63% compared to older pre-owned homes. Built to meet rigorous environmental protection guidelines, it offers year-round comfort and valuable peace of mind.

Investor Tools

$475,564Estimated Mortgage Balance
$225,763Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,208 /month
Positive
Cash Flow Estimate:
$1,403 /month

Interested in this property?

Daniel Cline

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$132/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,906
$701,327
2025
$215,000
$486,327
$701,327
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,906
$701,327

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Double Backflip Llc
Unknown
$476,250
No
First
Jul 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,564
$225,763
32%
68%
$2,856/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,988/mo
$-318/mo
4.6%

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: Celina

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1649 Olive Ave | Property Details | No Agent List