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Olney 76374
803 W Elm Street
$113,000
● House - Off Market

803 W Elm Street

Olney, TX 76374
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,476 Ft²
$196,149
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Move-in ready! Great neighborhood with mature trees, conveniently located 3 bedroom home. Hardwood floors and a neutral color scheme throughout. Plenty of storage with numerous closets and built-ins. Wood burning fireplace. Covered, two car parking in the front and back of the property. Three storage spaces outside.

Bonus--guest house in the back for visitors, an office space, or separate living quarters.

Property has storm cellar access.
Unit Size
2,476 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$57
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14321900)

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold
Premium
Sold
Apr 14, 2020 Listed by Weatherbee Real Estate $139,900
Listed by Weatherbee Real Estate

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 3
  • Garage Square Area: 1,114
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,425
  • Gross Building Area: 2,425
  • Building Area: 2,425
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,425
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOGAN ADDITION
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: 7 BLK 2 LOGAN

Neighborhood

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

Geography

  • Parcel: 8871
  • Block: 2
  • Municipality: OLNEY
  • Latitude: 33.3715
  • Longitude: -98.763

    Address

  • Full Address: 803 W Elm St
  • Address - House Number: 803
  • Street Direction: W
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: TX
  • City Name: Olney
  • Carrier Code: C001
  • 4-Digit Zip Code: 1707
  • Zip Code: 76374

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $397,369
  • Tax Rate Code Area: CO OH OISD

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 144,504
  • High Value: 208,024
  • Low Value: 80,983

    Market Valuation

  • Market Total Value: $148,870
  • Market Land Value: $5,360
  • Market Improvement Value: $143,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,870
  • Assessed Land Value: $5,360
  • Assessed Improvements Value: $143,510

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20001578
  • Previous Sale Recording Date: Feb 09, 2007
  • Previous Sale Contract Date: Feb 01, 2007
  • Previous Sale Amount: $111,900
  • Previous Sale Document Type: 71
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

$84

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1526 ft²

Average Home Age

61.5 years

Currently For Sale

8 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

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NTREIS

Listed by: Sheena Parrilla, Weatherbee Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14321900
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 803 West Elm Street built and last sold?
The property at 803 West Elm Street was built in 1950 and last sold on Jun 19, 2020 for $134,000.
How much is this home worth?
The estimated value of the home located at 803 West Elm Street is $152,244.
What are some comparable homes to 803 West Elm Street?
There are currently no comparable homes to 803 West Elm Street.
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