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$254,900

1316 S Galloway Drive, Olney, TX, 76374

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.33 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBasketball Court, Storage

About this property

LOCATION IS EVERYTHING - this one offers it! Beautifully updated, wonderfully located, and packed with possibilities! This 4-bedroom, 2-bath home offers 1,585 sq. ft. of comfortable living space and is nestled in a pristine setting on a short dead-end street surrounded by spectacular homes and mature trees. It’s the kind of location that offers a peaceful, established neighborhood feel while still being conveniently close to local amenities. Built in 1975 and completely remodeled and updated in 2010, the home features updated electrical, plumbing, heating and air. More recent updates include luxury vinyl plank flooring and fresh paint inside and out, creating a clean, fresh, move-in-ready feel. The four spacious bedrooms provide plenty of room for family, guests, a home office, or whatever your lifestyle requires. And then there’s the shop! A remarkable 780 sq. ft. shop with electricity and gas features large sliding doors and offers incredible versatility. It’s perfect for a workshop, additional storage, or keeping your boat or RV protected and ready for your next adventure. A 5-foot overhang provides additional covered space for lawn equipment and yard essentials. The possibilities continue with a concrete slab poured in front of the shop, providing an ideal space for a small basketball court or a variety of outdoor activities. Location is another major bonus—you’re just one minute from the Country Club, giving you easy access to all the amenities without having to live under Country Club restrictions. From its beautiful tree-lined setting and desirable dead-end street to its spacious living areas and exceptional shop, 1316 S Galloway Drive offers a rare combination of comfort, convenience, and versatility. Come see all this special property has to offer! Seller Concessions w-acceptable offer as well as a 1-year home warranty for peace of mind for the new owner. Additionally, we have a survey in hand to eliminate that additional cost as well!

Investor Tools

$0Estimated Mortgage Balance
$254,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,529 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

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

City: Olney

1316 S Galloway Drive | Property Details | No Agent List