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$125,000

703 Mount Olive St, Terrell, TX, 75160

$162,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$55.21 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size7,501 sqft

Building Information

Stories1
Roof Type105

Land Information

APN00.0260.0003.0065.00.06.06
Lot Number65
SubdivisionBreezy Hill
Land UseResidential
Legal DescriptionBREEZY HILL BLOCK C LOT 65 LIFE ESTATE
Census Tract050500
Assessed Land Value$38,400
Assessed Improvement Value$58,527
Assessment Year2025

About this property

Prime Investment Opportunity: Builder’s Dream or Value-Add Vision! 2 for the price of 1. Bring your vision and toolbelt, or bring your architect and builder! This unique offering includes the existing home along with the adjacent lot , presenting an unbeatable canvas packed with endless potential. Whether you're looking to roll up your sleeves and transform the current structure into a sparkling custom gem or capitalize on the combined land to construct two brand-new single-family homes, the opportunity here is tremendous. ***Key Highlights:*** Double Lot Package: Includes both the primary home and the adjacent lot, offering exceptional footprint, flexibility, and site potential (roughly 7500 sq ft each). Unmatched Development Potential: Ideal dimensions and setup for redevelopment or building two distinct dream homes (buyer to verify local zoning.planning guidelines).

Investor Tools

$0Estimated Mortgage Balance
$311,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month

Interested in this property?

Kesha Banks

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,179
$96,927
2025
$38,400
$58,527
$96,927
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,179
$96,927

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,000
100%
0%
$0/mo

City: Terrell

703 Mount Olive St | Property Details | No Agent List