




$503,500
NAL Estimated Property Value542 Myers Road, Olney, TX, 76374
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About this property
Ranch Style home on 55 Acres! Perimeter fencing with 3 connected grazing pastures, cross fencing, & 3 shared gates with neighbors. Gated front entrance. Tank directly behind home is over 1 Acre & holds water year round, even during droughty conditions. Second Tank is seasonal. 3 Loafing Sheds & 2 storage sheds. Plenty of space for horses, grazing cattle, or other livestock. Tons of wildlife. Home features 2 Living Rooms, Dining Room, Office, & Bonus Room. Wood burning fireplace with built-in shelves anchors the main Living Room. The Dining Room looks into the living room making it a perfect space for entertaining friends & family. The kitchen & dining space looks out over the pool. With some minor landscaping, a view could be created to see the pond from the back of the home. Updates include master bathroom, new plumbing throughout, new wall texture & paint, new hot water heater, & updated chimney. The kitchen has been partially remodeled. Co-op water and septic system. Olney ISD.
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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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