$175,000
●
House -
For Sale
716 Olive Street
Wharton, TX 77488
3 Beds
1 Bath
1,296 Ft²
$1,093
Est. Monthly
About This Property
Discover the charm of 716 Olive St, a welcoming corner-lot home
nestled in the heart of Wharton. This property offers a bright and
comfortable layout with inviting living spaces, well-kept
interiors, and a warm, homey feel throughout. The spacious corner
lot provides excellent curb appeal, added privacy, and room for
outdoor enjoyment, gardening, or pets. Conveniently located near
schools, parks, and local amenities, this home delivers everyday
comfort with small-town Texas charm. Whether you're a first-time
buyer, downsizing, or adding to your investment portfolio, 716
Olive St offers a solid, well-maintained opportunity in a great
location.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$135
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
-
Listed By
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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: 6 months ago (HAR #47503939)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2026 | Listed by Texas Southern Real Estate LLC | $175,000 | |
| Listed by Texas Southern Real Estate LLC | |||
| Jun 27, 2025 | Listed | $169,500 | |
| Listed | |||
| | |||
|
Newly remodeled 3 bedroom, 1 bathroom home with a spacious yard. The property features 1296 square feet of living space and sits on a generous 14501 square foot lot. Built in 1950, this single-family is a great opportunity for those looking for a comfortable and inviting home. Don't miss out on this charming property at 716 Olive.
| |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Sep 13, 2020 | Listed by Keller Williams Realty -SW | $59,900 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
|
HANDYMAN AND INVESTOR SPECIAL! PRICED FOR A QUICK SALE, AS-IS, WHERE IS. Cute wood-frame house built in 1950 with tons of potential on over a third of an acre (14,500 SF lot) in the heart of historic Wharton, TX!! DID NOT FLOOD!! LOW TAXES!! NO HOA!! SCHEDULE YOUR SHOWING TODAY!!
| |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Gas Oven, Gas Range
Laundry Features: Electric Dryer Hookup
Exterior Details
Square Footage: 1296
Architectural Style: Traditional
Year Built: 1950
Building Area Total: 1296
Construction Materials: Unknown
Lot Features: Back Yard, Cleared, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3329
Lot Size Units: Acres
Lot Size Acres: 0.3329
Lot Size Square Feet: 14501.124
Water Source: Public
Financial Details
Tax Annual Amount: $2,802
Utilities Details
Cooling Type: Gas
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Wharton
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Listed by: Stacie Hoyt, Texas Southern Real Estate LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 47503939
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Last Updated: 6 months ago
Data Source: HAR , MLS# 47503939
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