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$359,888

1600 Oleander Drive, Tolar, TX, 76476

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.38 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile

Exterior

Lot Size8,059 sqft

Building Information

Garage Spaces2

Land Information

APN17843.001.0022.0
Lot Number22
SubdivisionThe Parks Of Tolar
Land UseResidential
Legal DescriptionACRES: 0.185 LOT: 22 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 sought-after Parks of Tolar community, this thoughtfully designed home offers the perfect blend of style, comfort, and energy efficiency. From the moment you step inside, you'll appreciate the attention to detail, including wood-look tile flooring, crown molding, granite counters throughout, and quality finishes that elevate every space. The open-concept floor plan is designed for modern living, creating a seamless connection between the living, dining, and kitchen areas. Anchoring the main living space is a beautiful stone fireplace, while the kitchen features granite countertops, stainless steel appliances, abundant cabinetry, and a breakfast nook overlooking the backyard. Privately situated at the rear of the home, the spacious primary suite serves as a relaxing retreat with dual vanities, a soaking tub, walk-in shower, and generous walk-in closet. The split-bedroom arrangement provides additional privacy and flexibility for family, guests, or a home office setup. Enjoy Texas evenings from the covered back patio, offering plenty of space for outdoor dining, entertaining, or simply unwinding after a long day. Additional highlights include spray foam insulation for year-round energy efficiency and an epoxy-coated garage floor for durability and easy maintenance. Conveniently located in Tolar ISD and just minutes from local dining, shopping, and recreation, this move-in-ready home delivers quality craftsmanship, practical design, and small-town charm in one exceptional package.

Investor Tools

$199,133Estimated Mortgage Balance
$127,867Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Amanda Ryan

Keller Williams Lonestar DFW

ContactContact

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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
$199,133
$127,867
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.

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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1600 Oleander Drive | Property Details | No Agent List