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701 W Elm, Olney, TX 76374

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For Sale

$195,000

4 beds • 2 baths • 1,800 sqft

Estimated Payment

$ 1,001 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Attached
    Property type

  • $108.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This home checks all the boxes. Located on a highly desirable corner lot. The property boasts approximately 1800 sq ft of interior living space, the home is currently set up as a 4 bedroom but the upstairs room could also be utilized as an office, game room, play room or even a man cave! There is way too many updates to list! Luxury vinyl plank floor through most of home, bathrooms sport tile. You'll enjoy solitude in the spacious backyard, complete with privacy fence. Large shop sitting on concrete slab located at back of property approx 24x30 with 15 ft walls, complete with electric. There's even a chicken coop making this the perfect in-town homestead!
MLS# 11338861

Courtesy Of Brooker Real Estate

(940) 549-0062

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    New Traditional
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Tile
  • Heating System
    Forced Air
  • Lot Size
    0.24 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Living Room

Map and Directions

Directions to 701 W Elm, Olney, TX 76374

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,001
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,001

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Olney Elementary School

Grades PK-5 Public School

Olney, TX 76374 0.2 miles
801 w hamilton st

334 total students
9:1 Student teacher ratio

School Rating: B+

School Details

Olney Jr High School

Grades 6-8 Public School

Olney, TX 76374 0.2 miles
300 s avenue h

173 total students
14:1 Student teacher ratio

School Rating: B

School Details

Olney High School

Grades 9-12 Public School

Olney, TX 76374 0.3 miles
704 w grove st

200 total students
8:1 Student teacher ratio

School Rating: B

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Olney, TX 76374

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Olney, TX 76374

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

98° July
Hottest Average Month
30° January
Coldest Average Month
1,851 Total Households in Area
-0.3% Increase in population since the year 2010
28.2%
of households
have children
14 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Olney, TX 76374

Olney, TX 76374 has a population of 4,385 people in 1,851 households with a median age of 44.2 years old.

-0.3%
Decrease in population
since the year 2010
Population is Trending down
1,864
Total households as of 2010
1.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 78%
Hispanic 20%
Other 7%
Black 2%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 78%, followed by Hispanic at 20%, Other at 7%, and Black at 2%.

Economics
for Olney, TX 76374

11 /sq mi
Population Density
$52,508 /yr
Median Household Income
$145,201
Median Sales Price
14 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.83% of the households.

Transportation to Work

  • Drive 92%
  • Walk or Bike 4%
  • Work from Home 4%
  • Public Transit 0%

Occupancy by Type

Owned 1,258 57%
Rented 593 27%
Vacant 355 16%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Olney, TX 76374

44.2 Median Age

Average Household Size

2.3
persons per
household

38%

Married Households

Community Population By Education

High School Graduate 33%
Some College 24%
Bachelors Degree 21%
Some High School 11%
Graduate Degree 6%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.9% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.1% of households have children

Weather
for Olney, TX 76374

The weather for this area ranges from a high of 98° F in July to a low of 30° F in January

98° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
55°
Feb
34°
60°
Mar
41°
68°
Apr
51°
78°
May
60°
85°
Jun
68°
92°
Jul
72°
98°
Aug
71°
97°
Sep
64°
89°
Oct
53°
79°
Nov
41°
66°
Dec
32°
57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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