511 W 5th Street
Tolar, Texas 76476
2
Bed
1
Bath
750Sqft
0.06Acre(Lot)
Investment opportunity, 12 tiny homes located in Tolar and in Tolar school district. Homes are 2 bedroom, 1 bath, with living and kitchen area that is common and open with an island. Central air conditioning and heat in each unit, with ceiling fans throughout, granite counter tops, window blinds, stained concrete floors, metal roof, gutters, and each unit is spray foamed for insulation. Each unit has a fenced backyard, and approximate 6 x 14 covered front porch. This is a great opportunity to own rental property or buy it and use if for your own ideas. Each unit is currently under a lease. Seller will provide a copy of lease and information to a buyer upon serious consideration. All 12 units are in a line on West 5th street in Tolar, additionally there are 4 more lots with these
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2 Window Features: Window CoveringsBathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Eat-in Kitchen,Granite Counters,Kitchen Island,Vaulted Ceiling(s)Appliances
Dishwasher,Disposal,Electric Range,Electric Water Heater,MicrowaveUtilities
Asphalt,City Sewer,City Water,Co-op Electric,Electricity Connected -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
Central,ElectricFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 2024 Roof Type: Metal -
Exterior Features
Covered Patio/PorchFoundation
SlabSecurity Features
Smoke Detector(s) -
Laundry Features
Stacked W/D Area,Dryer Hookup,Washer HookupPatio And Porch
Covered,Front PorchFencing
Privacy,Wood
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Lot Information
Lot Size (Acr): 0.0600 Lot Size Units: Acres Lot Size Square Feet: 2,614 Lot Size Source: Assessor Lot Features: Interior Lot -
Property Information
SQ ft (Living Area): 750 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional,Other Subdivision: Tolar City: Tolar State: Texas Directions: Take 377 to Tolar and when you come into Tolar go past 2 blinking light and PECAN street is on your right, turn onto Pecan street and follow to West Fifth and turn left, the 12 tiny homes and 4 lots will be on your left. GPS friendly Property Status: Active Exclusions: Tenants personal property, Levels: One Property Age: 2 Year Built Details: Preowned
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Listing Price Information
Original List Price: $2,700,000 List Price Tot SqFt: $3,600 -
Listing Information
Possession: Closing/Funding,Negotiable
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Tax Information
Parcel Number: R000106700 Tax Block: 40 Tax Legal Description: ACRES: 0.060 LOT: 3A BLK: 40 SUBD: TOLAR Tax Lot: 3A Unexempt Taxes: $2,070
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Parking Information
Garage Space: 0 Carport Spaces: 0 Parking Features: Common,On Site -
Homeowners Association Information
HOA Type: None
-
School Information
Elementary School: Tolar Middle School: Tolar High School: Tolar School District: Tolar ISD -
Utility Information
Utilities: Asphalt,City Sewer,City Water,Co-op Electric,Electricity Connected
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5500 Friendship Road, Tolar, TX, 76476 | $699,000 | 3 | 2 | 1,859 | 11.97 Acres |
| 7418 Paluxy Highway, Tolar, TX, 76476 | $350,000 | 2 | 1 | 600 | 0.71 Acre |
| 7719 Prairie Creek Lane, Tolar, TX, 76476 | $449,900 | 4 | 3 | 2,437 | 1.34 Acres |
| 7906 Prairie Creek Court, Tolar, TX, 76476 | $395,000 | 4 | 3 | 3,600 | 1.73 Acres |
| 7703 Prairie Creek Lane, Tolar, TX, 76476 | $645,000 | 2 | 3 | 5,850 | 2.29 Acres |
| 611 Billings Road, Tolar, TX, 76476 | $625,000 | 4 | 2 | 1,752 | 10.86 Acres |
| 1709 Powell Cemetery Road, Tolar, TX, 76476 | $460,000 | 4 | 2 | 2,184 | 8 Acres |
| 9011 Mcarthur Court, Tolar, TX, 76476 | $1,150,000 | 5 | 4 | 2,200 | 13.63 Acres |
| 306 S Oak Lane, Tolar, TX, 76476 | $199,900 | 2 | 1 | 1,104 | 0.34 Acre |
| 406 Redbud Lane, Tolar, TX, 76476 | $260,000 | 3 | 2 | 1,509 | 0.06 Acre |
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ByOwner last updated this listing 10/10/2026 @ 18:05
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