




$279,900
$289,900
503 W Elm Street, Olney, TX, 76374
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About this property
Brand New Construction in Olney, Texas! Be the first to own this beautifully designed new construction home featuring modern finishes, an open-concept layout, and quality craftsmanship throughout. The spacious living, dining, and kitchen area is highlighted by soaring vaulted ceilings, creating a bright and inviting atmosphere perfect for everyday living and entertaining. The kitchen is sure to impress with gorgeous white cabinetry, granite countertops, subway tile backsplash, under-mount stainless steel sink, soft-close cabinets and drawers, a convenient lazy Susan, and a full suite of Samsung stainless steel appliances, including a French door refrigerator, ceramic cooktop range, microwave, and dishwasher. Decorative pendant lighting accents the breakfast bar, which provides seating for up to four. Luxury vinyl plank flooring flows throughout the home, complemented by fashionable paint colors, recessed lighting, decorative fixtures, and ceiling fans. The primary suite offers a private bath with ceramic tile flooring, tiled shower, and solid-surface vanity top. The guest bath features ceramic tile flooring, tile-surround tub-shower combination, and a solid-surface vanity top. A versatile bonus space near the rear of the home provides the perfect spot for a home office, study area, or hobby space. Additional amenities include a dedicated utility room, attic access, and abundant storage. Exterior features include attractive Hardie® board siding, a composition roof, wood privacy fencing, a spacious double carport with an attached storage room in back also has shelving ideal for lawn equipment and tools. The fenced backyard also offers a double gate for convenient vehicle access to the carport. This move-in ready home combines style, functionality, and low-maintenance living in a great Olney location. Schedule your showing today!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Olney
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