Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days17Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$279,900

$289,900

503 W Elm Street, Olney, TX, 76374

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.03 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size9,100 sqft

Building Information

Year Built1950

Land Information

APN9126
Lot Number2
Land UseResidential
Legal DescriptionGROVES 2ND - BLK 5, W 65 FT OF LOT 2
Census Tract950200
Assessed Land Value$6,140
Assessed Improvement Value$5,270
Assessment Year2025

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!

Investor Tools

$0Estimated Mortgage Balance
$11,410Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Arena Drennan

Drennan Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$326
$11,410
2025
$6,140
$5,270
$11,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$326
$11,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$11,410
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

503 W Elm Street | Property Details | No Agent List