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$377,460

NAL Estimated Property Value

118 Donley St, Tolar, TX, 76476

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths3,366 Sq Ft
TriplexTriplex
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size10,367 sqft

Building Information

Year Built2007
Stories2
Garage Spaces3

Land Information

APN16000.006.0001.0
Lot Number1
SubdivisionTolar
Land UseResidential
Legal DescriptionACRES: 0.238 LOT: 1 PT2 PT RIGHT OF WAY BLK: 6 SUBD: TOLAR
Census Tract160303
Assessed Land Value$25,000
Assessed Improvement Value$352,460
Assessment Year2025

About this property

**MULTIPLE OFFERS! Highest and best due by 5pm on March 11.** Fully rented triplex in prime location listed below the county tax assessed value. This income-producing triplex is a fantastic opportunity for investors seeking steady cash flow. Each of the three units features 2 bedrooms and 1 bathroom, offering comfortable living spaces that attract long-term tenants. All units are currently rented, providing immediate rental income. The property is situated in a desirable location, close to shopping, dining, and major highways for easy access. Whether you're looking to expand your investment portfolio or start your journey in real estate investing, this triplex is a turnkey opportunity you don’t want to miss! Schedule a showing today to add this rental property to your portfolio! Owner's expenses and net income available upon request.

Investor Tools

Property Icon
$377,460
Estimated Property Value
$261,162Estimated Mortgage Balance
$116,298Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,265 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,325
$377,460
2025
$25,000
$352,460
$377,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,325
$377,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tomo Mortgage Llc
Conventional
$266,250
No
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,162
$116,298
30%
69%
$1,597/mo

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.

Explore Texas Explore This Area
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: Tolar

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118 Donley St | Property Details | No Agent List