1001 Olive St, Gainesville, TX, 76240

Location

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1001 Olive St, Gainesville$168,000

Buyer Closing Credits

$1,995^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingOther

Year Built1940

MLS #20735021

Lot Size0.31 Acres

StatusActive

About 1001 Olive St

CALLING ALL INVESTORS! TENANT OCCUPIED THROUGH 8-31-25 at 1,450 a month. Rare opportunity to cash-flow immediately in a remodeled tenant occupied asset at this price-point. Spacious living area greets you upon arrival with plenty of natural light and space to relax or entertain. Large primary bedroom with adjoining on-suite bath. All bedrooms are a good size!

Property Details

Property Features

Property Information:

Architectural Style: Detached
Year Built: 1940
Living Area: 1,412 SqFt

Listing Office:

Office Name: OmniKey Realty, LLC.
Office Phone: (972) 480-8280
Listing Agent: Will Clark

Interior Features

Interior Information:

Appliances: Dishwasher, Disposal
Basement: No
Interior: High Speed Internet, Cable TV

Bedroom and Bathroom Information:

Full Bathrooms: 1
Total Bedroom Count: 2

Exterior Features

Parking Information:

Parking: Other

Virtual/3D Tour

Virtual Tour: 1001 Olive St

Virtual Tour

Lot Features

Lot Information:

Lot Size: 0.31 Acres

Other

Directions Information:

Directions: House is on Olive St on the left.

Price Information

Listing Price Info

Price Summary:

List Price: $168,000
Price Per SqFt: $119/SqFt

Tax Information:

Annual Amount: $2,111
Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Gainesville, TX.

Gainesville, TX

City

Med. List Price

$324.9K

Med. Price/SqFt

$180

Avg. Days On Market

# of Sold Homes

1001 Olive St vs Gainesville

38 DAYS ON ROCKET

-52 Days

$168,000

-$156.9K Less

$119/SqFt

-$61 Less

KEY TAKEAWAY

This property is $156.9K less than the Median List Price and $61/SqFt less than other homes in Gainesville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

MLS Name: NTR
MLS Number: #20735021

Listing Office:

Office Name: OmniKey Realty, LLC.
Office Phone: (972) 480-8280
Listing Agent: Will Clark

©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 11/17/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,111	$86,154
2019	$1,613	$78,762
2018	$1,613	$59,021
2017	$1,548	$56,735

History based on county public records data.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

W E Chalmers Elementary School
600 FM 3092
Distance between this listing and this school2.00 miles
Public District Grades 2-4

/10

Lindsay Elementary School
625 Knight Dr
Distance between this listing and this school5.30 miles
Public District Grades PK-6

/10

Callisburg Elementary School
648 FM 3164
Distance between this listing and this school7.55 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

66%

<35k

31%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 71%
Post Secondary: 29%

What types of families live nearby?

57%

Single, No Kids

16%

Single, with Kids

13%

Married, No Kids

14%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 80%
Home Owners: 20%

How old are people in this area?

20%

<11 yrs old

12-17 yrs old

26%

18-34 yrs old

30%

35-64 yrs old

17%

65+ yrs old

What do the neighbors do for fun?

Pro Wrestling
Figure Skating
Extreme Sports

Where do the neighbors shop?

Wal-Mart
Kmart
Family Dollar

Where do the neighbors go to eat?

Sonic
Bob Evans
Dominos Pizza

What do the neighbors drive?

Oldsmobile
Buick
Ford

What do the neighbors listen to?

Contemporary Inspirational
Oldies
New Country

The neighbors living near this home have an average income of $22,441. Typical income of Gainesville, TX residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 Olive St

What is the listing price of this property?

The listing price of 1001 Olive St property is $168,000.

What type of property is this?

The property 1001 Olive St is a house located in Gainesville, Texas, 76240.

Is this property for sale now?

Active Listing: 1001 Olive St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,111 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1001 Olive St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1001 Olive St is 1,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1001 Olive St is 1940.

Rocket Homes›Texas›Cooke County›Gainesville›76240›1001 Olive St

This home is located at 1001 Olive St in Gainesville, TX and zip code 76240. This 1,412 square foot home, which was built in 1940, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $168,000.

The inventory of homes for sale in Gainesville, TX between September 2024 and October 2024 increased by 10.6%. Listings spent 90 days on the market in October 2024, and had a median list price of $324,975 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Lot Features

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Tax History

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 1001 Olive St

More Resources

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Housing Market Reports in Cooke County