For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Olney 76374
1032 Cactus Drive
$178,050
● House - Off Market

1032 Cactus Drive

Olney, TX 76374
bedrooms
4 Beds
bathrooms
0 Bath
square feet
3,225 Ft²
$188,500
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Wonderful location; close to Olney's Hospital, Family Clinic and Independent School System. This 3225 sq ft. home was built in 1967; the home includes Four bedrooms, two full baths, a garden Solarium sits in the middle of the home. The living area with wood burning fireplace includes a kitchen and formal dining room. The one large Living area is crowned by a cathedral ceiling with wooden beams. The backyard is spacious; brick and wood fence surrounds the property. This property is SOLD "AS IS" ONLY. This property is waiting for a new life and an owner with a vision of the beauty it will become.
Unit Size
3,225 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$58
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1967

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20277697)

Price History

Date / Event Date Event Price
May 20, 2023 No longer available -
No longer available
May 17, 2023 Sold
Premium
Sold
May 5, 2023 In contract -
In contract
Apr 3, 2023 Listed by United Real Estate - Dallas $187,050
Listed by United Real Estate - Dallas
Wonderful location; close to Olney’s Hospital, Family Clinic and Independent School System. This 3225 sq ft. home was built in 1967; the home includes Four bedrooms, two full baths, a garden Solarium sits in the middle of the home. The living area with wood burning fireplace includes a kitchen and formal dining room. The one large Living area is crowned by a cathedral ceiling with wooden beams. The backyard is spacious; brick and wood fence surrounds the property. This property is SOLD “AS IS” ONLY. This property is waiting for a new life and an owner with a vision of the beauty it will become. The manager has listed the unit size as 3225 square feet.
Mar 11, 2023 Listed by United Real Estate $187,050
Listed by United Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 816
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,685
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,225
  • Gross Building Area: 3,225
  • Building Area: 3,225
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 3,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK HEIGHTS ESTATES ADD
  • Land Acres: 0000000613
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PARK HEIGHTS - BLK 4, LOTS 12 - 14

Neighborhood

  • School District Name: Olney Independent School District
  • Census Tract: 950200

Geography

  • Parcel: 8325
  • Block: 4
  • Lot: 12-14
  • Municipality: OLNEY
  • Latitude: 33.3681
  • Longitude: -98.768

    Address

  • Full Address: 1032 Cactus Dr
  • Address - House Number: 1032
  • Address - Street Name: Cactus
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Olney
  • Carrier Code: R002
  • 4-Digit Zip Code: 1604
  • Zip Code: 76374

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,462
  • Tax Rate Code Area: CO OH OISD

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 186,474
  • High Value: 219,491
  • Low Value: 153,457

    Market Valuation

  • Market Total Value: $163,030
  • Market Land Value: $18,250
  • Market Improvement Value: $144,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,030
  • Assessed Land Value: $18,250
  • Assessed Improvements Value: $144,780

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3276
  • Previous Sale Recording Date: May 18, 2023
  • Previous Sale Contract Date: May 01, 2023
  • Previous Sale Amount: $414,694
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olney

Stats & Trends

Median Asking:

$105,000

Sale Price/ft²

$80

Below Asking

0.03%

Average Days on Market

53

Average Home Size

1417 ft²

Average Home Age

53.9 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Dortheia Henderson, United Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20277697
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1032 Cactus Drive built and last sold?
The property at 1032 Cactus Drive was built in 1967 and last sold on Nov 13, 2023 for $241,570.
How much is this home worth?
The estimated value of the home located at 1032 Cactus Drive is $0.
What are some comparable homes to 1032 Cactus Drive?
There are currently no comparable homes to 1032 Cactus Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Olney Homes for Sale
Olney Houses for Sale
Olney Townhouses for Sale
Olney Land for Sale
Olney Commercial for Sale
Olney Homes with Basements
Olney Homes with Pools
Olney Homes with Parking
Nearby Cities
Throckmorton Homes for Sale
Newcastle Homes for Sale
Bryson Homes for Sale
Megargel Homes for Sale
Elbert Homes for Sale
Nearby Property Records
Young County, TX Property Records
Archer County, TX Property Records
Baylor County, TX Property Records
Jack County, TX Property Records
Wichita County, TX Property Records
Clay County, TX Property Records
Stephens County, TX Property Records
Palo Pinto County, TX Property Records
Nearby Counties
Archer City Homes for Sale
Newcastle Homes for Sale
Jean-Loving Homes for Sale
Throckmorton Homes for Sale
Top Real Estate Agents
Top Agents in Olney
Top Agents in 76374
Top Agents in Archer City
Top Agents in Newcastle
Top Agents in Jean-Loving
Top Agents in 76372
Top Agents in Throckmorton
Top Agents in 76427