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$868,000

911 N Avenue G, Olney, TX, 76374

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths— Bath
Baths1,014 Sq Ft
RanchRanch
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms —Bathrooms —

Exterior

Lot Size7,501 sqft

Building Information

Year Built1945

Land Information

APN7894
Land UseResidential
Legal DescriptionTE&L 157 - A-0404 - TR 72
Census Tract950200
Assessed Land Value$2,980
Assessed Improvement Value$32,890
Assessment Year2025

About this property

Just beyond the city limits of Olney and 2 hrs from the DFW metroplex lies a unique 56 acre retreat that is an exceptional chance to invest in a multifaceted property without the heavy maintenance that comes with buying the large acreage ranch. Especially when it comes to income producing possibilities such as a short-term rental, private member club, event hall, large group hosting’s, or corporate retreats. With the luxury of being so close to town, this property could also be used as a private stay for lease hunters across the county during the hunting season. . Salt Creek Gun & Rod has been heavily curated for the avid sporting clay shooter, marksman, fisherman, and hunter. Outfitted with a 2.5 acre fishing tank, 15 bed 16 bath hotel style lodge with a large room for entertainment. Separate owners lodge that can be converted into venue events. Pistol range has a shooting house encompasses approximately a 30’ x 30’ covered shooting room, capable to hold multiple shooting lanes and equipped with electricity. Sporting clay shooting can be enjoyed with a large 25’ x 30’ metal pavilion with electricity presents a perfect gathering spot for a full day or tournament shooting. Additionally, there is a full sized helice shooting ring ready for the experienced shooters seeking a fast-paced game. Enjoy hunting as wildlife frequent the property with deer, dove, ducks, and turkey. Many more improvements are in place along with septic, city water, and electric. Owner financing optional.

Investor Tools

$0Estimated Mortgage Balance
$98,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,208 /month
Positive
Cash Flow Estimate:
$1,736 /month

Interested in this property?

Cody Maxwell

Capitol Ranch Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$451
$35,870
2025
$2,980
$32,890
$35,870
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$451
$35,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$943/mo
N/A
+$943/mo
11.5%

City: Olney

911 N Avenue G | Property Details | No Agent List