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$1,029,000

430 Thelma Dr., Olmos Park, TX, 78212

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,056 Sq Ft
price_per_sqft$359.95 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Refrigerator, Oven, Range, Cooktop, Disposal
FlooringWood

Exterior

Lot Size7,560 sqft

Building Information

Year Built1936
Stories2
Roof Type112
Garage Spaces2

Land Information

APN05717-002-0080
Lot Number8
SubdivisionOlmos Park Area 1
Land UseResidential
Legal DescriptionCB 5717 BLK 2 LOT 8
Census Tract190800
Assessed Land Value$373,690
Assessed Improvement Value$430,020
Assessment Year2025

About this property

This charming Olmos Park home welcomes you with exceptional curb appeal, framed by stately shade trees. Step inside to discover beautiful wood floors that flow gracefully throughout. The entry opens to a light-filled formal living room featuring a gas fireplace, built-in bookcases, and an elegant ambiance perfect for relaxing or entertaining. Just beyond, the adjacent dining room offers an ideal setting for hosting memorable gatherings. The updated island kitchen has appealing design, boasting abundant storage, a professional-grade range, Sub Zero refrigerator, a walk-in pantry, and thoughtful finishes throughout. A convenient pass-through butler's pantry adds even more storage and functionality. The inviting family room offers serene views of the Zen garden, a second fireplace, and direct access to two covered stone patios-perfect for seamless indoor-outdoor living. Upstairs, you'll find two comfortable secondary bedrooms, an updated hall bath, and a truly dreamy primary suite. The spacious primary retreat features two generous walk-in closets and a spa-inspired bath with a soaking tub, over-sized pedestal sink, and a separate shower. Completing the property is a detached two-car garage.

Investor Tools

Property Icon
$1,029,000
Estimated Property Value
$0Estimated Mortgage Balance
$637,704Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,090/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,934
$803,710
2025
$373,690
$430,020
$803,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,934
$803,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jefferson Bank
Conventional
$393,000
No
First
Feb 6, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,296
$637,704
61%
38%
$2,357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$2,357/mo
$-726/mo
1.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Olmos Park

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430 Thelma Dr. | Property Details | No Agent List