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$247,500

NAL Estimated Property Value

200 Scobee Road, Olney, TX, 76460

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.36 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Convection Oven

About this property

Hilltop views, two spacious mudrooms, and a rare oilfield-grade steel shop highlight this 1,842 sq ft home on 3 scenic acres. Features include a new primary suite, covered front porch, and attached 2-car carport. Seller offering $500 credit at closing toward buyer’s choice of a 1-year home warranty. Discover the ultimate country lifestyle! This exceptional 3-bedroom home includes a bonus room and a flexible space for a formal dining room or office. Inside, you’ll find two spacious mudrooms — one at the side entrance and one at the back — offering ample storage, a convenient drop zone for boots and coats, and the benefit of never stepping directly into a living space when entering the home. The 1,842 sq ft residence boasts a metal roof, large covered front porch, and attached 2-car carport, all situated on 3 picturesque acres. A recently added primary suite features a walk-in closet and private bath. Oilfield-Grade Steel 18’ x 24’ Shop – Built to Last Included on the property is a rare, heavy-duty welded pipe-frame shop clad in thick steel panels reclaimed from the oilfield — not the flimsy tin of modern sheds. Solid enough to store vehicles, small tractors, or equipment, with room for a full workshop. A true piece of Texas heritage you simply can’t buy new anymore. Ideally located just 15 minutes from Graham, 12 minutes from Olney, 29 minutes from Jacksboro, and 45 minutes from Wichita Falls. Located in the Graham School District, this property offers endless possibilities — from peaceful country living to a working homestead — all with some of the most stunning and secluded views in Young County.Bonus: Seller will provide a $500 credit at closing toward the buyer’s choice of a 1-year home warranty for added peace of mind. Enjoy the benefits of rural living with lower overall ownership costs compared to many nearby communities.

Investor Tools

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$247,500
Estimated Property Value
$0Estimated Mortgage Balance
$247,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,485 /month
Positive
Cash Flow Estimate:
$495 /month

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Financing Details

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

City: Olney

200 Scobee Road | Property Details | No Agent List