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$55,000 -$5,000 (-8.33%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 0.161 Acres
  • Updated 1 hour ago
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Investor special in the heart of Olney! This property offers a great opportunity for investors, flippers, or buyers looking to add value with renovations. Located at 405 W Elm St, the home sits in a convenient location within Olney ISD and is just minutes from local schools, shopping, and downtown. The property will require repairs and updates, but it has strong potential for the right buyer looking to restore or improve the home. With the right vision and work, this property could make a great rental, flip, or long-term investment. Sold as-is.

Full Property Details for 405 W Elm St

General

  • Price: $55,000
  • Taxes: $691
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21204634
  • Updated: 4/14/2026
  • Added to Site: 28 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s)
  • Appliances: Gas Oven

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Parking Features: Additional Parking

Location

  • County: Young
  • Subdivision: John W Grvs 1st Add
  • Driving Directions: Head toward US-82 in Olney and take the exit toward downtown. Turn onto South Avenue C, then turn west onto W Elm Street. Continue driving on W Elm Street for several blocks. The property at 405 W Elm St will be located on the right side of the street.

School Information

  • Elem School District: Olney ISD
  • Midd School District: Olney ISD
  • High School District: Olney ISD
  • Elementary School: Olney
  • High School: Olney

Utilities

  • Sewer: Public Sewer
  • Utility Description: Sewer Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Stories/Levels: 1
  • Living Area: 1,336 Sq. Ft.
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.161
  • Lot Size (Sq. Ft.): 7,013.16

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $691

Disclosures and Reports

  • Legal Description: GROVES 1ST - BLK 9, W 25 FT OF LOT 2, E 15 FT
  • Property ID: 9302
  • Block: 9
  • Lot Number: 30

Listed by eXp Realty, Tre Justice

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Listing agent

— 405 W Elm St —

  • Tre Justice

    eXp Realty

407-520-7856

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 405 W Elm St

School District:Olney Independent School District
NameGradesDistance
Olney Elementary School
801 West Hamilton Street, Olney, TX 76374
PK-50.3 mi
Olney J High School
300 South Avenue H, Olney, TX 76374
6-80.3 mi
Olney High School
704 West Grove Street, Olney, TX 76374
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 405 W Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/14/2026
Price Reduced
$55,000
-8.33%
MLS
3/17/2026
Listed
$60,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty, Tre Justice

405 W Elm Street, Olney, TX 76374 (MLS# 21204634) is a Single Family property with 3 bedrooms and 1 full bathroom. 405 W Elm Street is currently listed for $55,000 and was received on March 17, 2026. Want to learn more about 405 W Elm Street? Do you have questions about finding other Single Family real estate for sale in Olney? You can browse all Olney real estate or contact a Coldwell Banker agent to request more information.

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