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$326,000

NAL Estimated Property Value

1512 Oleander Drive, Tolar, TX, 76476

$351,003 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.79 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile

Exterior

Lot Size8,494 sqft

Building Information

Garage Spaces2

Land Information

APN17843.001.0020.0
Lot Number20
SubdivisionThe Parks Of Tolar
Land UseResidential
Legal DescriptionACRES: 0.195 LOT: 20 BLK: A SUBD: THE PARKS OF TOLAR
Census Tract160302
Assessed Land Value$31,500
Assessment Year2025

About this property

Built by Al Couto Homes in the desirable Parks of Tolar community, this beautifully modern farmhouse features wood-look tile flooring, crown molding, granite countertops throughout, and quality finishes that showcases attention to detail. The spacious living area offers a stone fireplace and flows seamlessly into the kitchen, complete with stainless steel appliances, abundant cabinetry, granite counters, an island for workspace along with a breakfast bar, pantry, and a breakfast nook overlooking the backyard. You're sure to love the space that the owners ensuite offers with an attached office, den, or nursery. The primary bathroom features dual sinks, a free-standing soaking tub, a separate walk-in shower, and a large walk-in closet with built-in storage. A split-bedroom layout offers added privacy and flexibility for guests, family members, or a home office. The separate laundry room is located off the garage with additional storage space and mud bench. Step outside to enjoy the covered back patio, with no immediate rear neighbors, perfect for outdoor dining or relaxing evenings. Additional features include spray foam insulation for energy efficiency, double pane windows, epoxy coated garage flooring, and more. Located in highly regarded Tolar ISD with convenient access to local dining, shopping, and recreation, this move-in-ready home combines quality craftsmanship, modern comfort, and small-town charm.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$198,550Estimated Mortgage Balance
$127,450Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$351,002
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$528
$31,500
2025
$31,500
N/A
$31,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$528
$31,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Building Or Construction Loan
$200,000
No
First
Feb 12, 2026
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,550
$127,450
39%
61%
$1,200/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.

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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: Tolar

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1512 Oleander Drive | Property Details | No Agent List