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Days70Days on Market
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$50,000

$57,000

TBD W Main, Olney, TX, 76374

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Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Six acres just off Main Street headed west in Olney now available. This property offers a great opportunity for someone looking for a small acreage tract close to town with convenient access to utilities. Access will be provided by a written easement through the seller’s shop driveway, to be recorded. Otherwise, the property is currently landlocked. The front portion of the property lies within the city limits of Olney and, according to city code enforcement, currently has no set zoning. The back portion of the property is located in the county and falls within a 100-year flood zone. A seasonal creek runs along the east side of the property, and portions of the south and east boundaries are already fenced. Electricity and water are available at the highway, making future utility setup relatively simple. This property would make a great spot for someone wanting a little land with the convenience of being close to town. Buyer to verify all information, including zoning, utilities, easements, and floodplain status. Listing broker and seller make no warranties as to accuracy.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Callie Hicks

Everlong Realty

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Financing Details

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

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.

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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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