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$532,000

NAL Estimated Property Value

188 Walker Rd, Olney, TX, 76374

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.24 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesWater Purifier, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Washer

Exterior

Lot Size80 acres

Building Information

Year Built1975
Garage Spaces2

Land Information

APN17030
Land UseResidential
Legal DescriptionTE&L 1367 - A-0857
Census Tract950200
Assessment Year2025

About this property

This beautiful rural property offers the perfect blend of comfort, functionality, and space. The main home features three bedrooms and two and a half bathrooms , including a primary suite with a private porch. A large family room provides ample space for relaxing or entertaining, while a screened porch off the back leads directly to the peaceful backyard. Outdoors, you’ll find 80 acres of scenic land with two ponds, several small barns and animal pens, and a well- maintained chicken coop-ideal for hobby farming or expanding into a working homestead. A secure storm shelter adds peace of mind, and the property is dotted with mature pecan trees for seasonal harvests.

Investor Tools

Property Icon
$532,000
Estimated Property Value
$456,552Estimated Mortgage Balance
$76,128Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,749
$518,912
2025
N/A
N/A
$599,220
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,749
$518,912

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$261,250
No
First
Sep 17, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,552
$75,448
14%
86%
$2,767/mo

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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188 Walker Rd | Property Details | No Agent List