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$104,000

NAL Estimated Property Value

204 W Cherry, Olney, TX, 76374

$133,659 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$82.42 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer

Building Information

Year Built2019

Land Information

APN784119
Land UseResidential
Legal DescriptionGROVES ORIGINAL - BLK 22, E 190 FT OF S 1/2 (LESS NE 115'X100') - LAND ON PID 9071
Census Tract950200
Assessed Improvement Value$99,770
Assessment Year2025

About this property

This home is like brand new. It has been well taken care of along with the lot. A great shed and cellar are included. It has already been FHA approved. Quiet neighborhood. Olney is a small town with A+ rated schools, highly rated hospital and great community events. Just a short drive to Wichita Falls and Graham.

Investor Tools

Property Icon
$104,000
Estimated Property Value
$130,237Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$133,659
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,289
$99,770
2025
N/A
$99,770
$99,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,289
$99,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$134,229
Yes
First
Sep 18, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,237
N/A
0%
125%
$805/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.

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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204 W Cherry | Property Details | No Agent List