Olney Homes under $350,000

Welcome to Olney, Texas – a hidden gem nestled in Young County that boasts a unique blend of small-town charm and modern conveniences. With a population of just over 3,000 residents, this welcoming community is known for its friendly atmosphere, rich history, and beautiful landscapes that make it a perfect place to call home.

Olney offers a variety of recreational activities, from exploring the scenic parks to enjoying the local fishing spots at Lake Olney. The city's vibrant downtown area is filled with delightful shops, cozy eateries, and community events that bring neighbors together. With a strong sense of community and a slower pace of life, Olney is ideal for families, retirees, and anyone seeking a peaceful retreat from the hustle and bustle of larger cities.

For those looking to invest in their dream home without breaking the bank, Olney's real estate market features a fantastic selection of homes priced under $350,000. Whether you're searching for a quaint starter home, a spacious family residence, or a charming cottage, you'll find diverse options that cater to various lifestyles and preferences. Many of these homes offer modern amenities while maintaining the character and charm that Olney is known for.

Living in Olney means enjoying the best of both worlds: affordable housing and a tight-knit community that values connection and support. With its warm atmosphere and commitment to quality living, Olney is not just a place to live—it's a place to thrive. Come discover your new home in this enchanting Texas town!

Newest Olney Homes under $350,000

$345,000

5 Beds ⋅ 3 Baths ⋅ 21398171 MLS

Timeless character, generous living space, and exceptional potential define this distinctive 5-bedroom, 3-bath residence. Designed for both comfortable living and entertaining, the home offers an impressive collection of spacious rooms, quality original details, and an abundance of natural light. The generous living room is complemented by a formal dining room and a handsome den featuring travertine tile and fine wood paneling. A beautifully paneled private office provides an ideal space for working from home or enjoying a quiet retreat. Hardwood floors, extensive built-in storage, and walls of windows add warmth, character, and functionality throughout. The striking brick, rock, and wood exterior gives the home a distinctive architectural presence, while mature pine and pecan trees and beautifully established landscaping create an inviting setting. Outdoor amenities include a fenced backyard, patio, sprinkler system, and ample space for entertaining or simply enjoying the peaceful surroundings. Additional features include a utility room, two-car garage, separate storage room, and security system. Spacious and comfortable as it stands, this remarkable property also offers an exciting opportunity for a new owner to enhance its timeless original features with a personal vision. With its generous floor plan, mature grounds, distinctive craftsmanship, and enduring character, this is a rare opportunity to create an absolute showplace.

408 W Elm St, Olney

$249,000

4 Beds ⋅ 2 Baths ⋅ 21376515 MLS

NEW LOWER PRICE! This home is a steal and it awaits it's new family. 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! LOCATION IS EVERYTHING - this one offers it! Beautifully updated, wonderfully located, and packed with possibilities! This 4-bedroom, 2-bath home offers nearly 1,600 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. The four spacious bedrooms provide plenty of room for family, guests, a home office, or whatever your lifestyle requires with a large fully fenced backyard. 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 and golf course. 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!

1316 S Galloway Dr, Olney

$45,000

4 Beds ⋅ 2 Baths ⋅ 21358858 MLS

Exceptional investment opportunity! This 0.46-acre double lot is primed for redevelopment. The existing home has been stripped to the studs and features a new roof, with city water, sewer, electricity, and natural gas already in place. Finish the current renovation or explore the potential for new construction on this oversized lot. With utilities established and ample space to build, this property is ready for your next project.

809 N Ave F, Olney

$88,500

2 Beds ⋅ 1 Baths ⋅ 21342449 MLS

Great investment opportunity! This home is ready for a complete remodel and offers endless potential. Whether you're looking for your next flip, rental property, or renovation project, this home is a great opportunity to make it your own. Conveniently located in the heart of Olney. Sold AS-IS.

1008 W Elm St, Olney

$30,000

2 Beds ⋅ 1 Baths ⋅ 21324369 MLS

Two nice lots with a house on one. The house needs improvements. Call for a showing.

209, 203 W Church St, Olney

$224,000

3 Beds ⋅ 2 Baths ⋅ 21287968 MLS

Beautifully maintained and truly move-in ready, this 3 bedroom, 2 bath home built in 2015 offers the perfect combination of comfort, style, and easy living. Situated on an attractive corner lot, the property welcomes you with great curb appeal, established landscaping, and the unmistakable feel of a home that has been exceptionally cared for. Inside, a bright open concept floor plan connects the living, dining, and kitchen areas, creating a comfortable gathering space with plenty of room for everyday life. Neutral finishes throughout make the home feel fresh and inviting while giving the next owner a clean slate to make it their own. The kitchen offers generous counter space, and well maintained appliances. The refrigerator, washer, and dryer will also convey with the property. Seller is now offering $5,000 in concessions, giving the buyer the opportunity to customize that benefit to their needs. Use it toward a new backyard fence, a carport for covered parking, allowable buyer closing costs, or a combination of these options.

206 W Oak, Olney

$279,900

3 Beds ⋅ 2 Baths ⋅ 21291695 MLS

Brand New Construction in Olney, Texas! Be the first to own this beautifully designed new construction home featuring modern finishes, an open-concept layout, and quality craftsmanship throughout. The spacious living, dining, and kitchen area is highlighted by soaring vaulted ceilings, creating a bright and inviting atmosphere perfect for everyday living and entertaining. The kitchen is sure to impress with gorgeous white cabinetry, granite countertops, subway tile backsplash, under-mount stainless steel sink, soft-close cabinets and drawers, a convenient lazy Susan, and a full suite of Samsung stainless steel appliances, including a French door refrigerator, ceramic cooktop range, microwave, and dishwasher. Decorative pendant lighting accents the breakfast bar, which provides seating for up to four. Luxury vinyl plank flooring flows throughout the home, complemented by fashionable paint colors, recessed lighting, decorative fixtures, and ceiling fans. The primary suite offers a private bath with ceramic tile flooring, tiled shower, and solid-surface vanity top. The guest bath features ceramic tile flooring, tile-surround tub-shower combination, and a solid-surface vanity top. A versatile bonus space near the rear of the home provides the perfect spot for a home office, study area, or hobby space. Additional amenities include a dedicated utility room, attic access, and abundant storage. Exterior features include attractive Hardie® board siding, a composition roof, wood privacy fencing, a spacious double carport with an attached storage room in back also has shelving ideal for lawn equipment and tools. The fenced backyard also offers a double gate for convenient vehicle access to the carport. This move-in ready home combines style, functionality, and low-maintenance living in a great Olney location. Schedule your showing today!

503 W Elm St, Olney

$79,000

2 Beds ⋅ 1 Baths ⋅ 21165110 MLS

Located in a charming, established neighborhood, this inviting two-bedroom, one-bath home is ready for its next chapter. The layout offers a surprisingly spacious living area with great natural light, creating a comfortable space to relax or entertain. The kitchen is generously sized for the home and includes the stove and refrigerator, making move-in easy. Hardwood floors run through most of the home, adding warmth and character, while the large backyard provides plenty of room to garden, entertain, or expand. With solid bones and room for cosmetic updates, this property is a great opportunity to make it your own. Whether you’re a first-time buyer, an investor, or someone looking to simplify, this home offers flexibility, charm, and long-term potential. Come see the possibilities and imagine what you could create here.

603 W Bloodworth, Olney

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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