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$357,000

904 Tolar Hwy, TX, 76476

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.60 acres

Land Information

APN20501.000.3070.0
SubdivisionR Story - Abst 501
Land UseResidential
Legal DescriptionACRES: 4.598 ABST: R STORY - ABST 501
Census Tract160302
Assessed Land Value$142,540
Assessment Year2025

About this property

Builder OPPROTUNITY! Entire development for sale with 18 Single Family Lots and 11 Multi-family Lots available. Concrete roads expected to be complete by May 1. An investment opportunity in the highly desirable Tolar to build some spec homes or line some clients up for full custom. NO HOA, adjacent to established neighborhood, sold homes in the area range between $300-$375k. Property is cross posted as follows: All 29 Lots - 18 Single Family and 11 Multifamily - $1,800,000 18 Single Family Lots - $1,080,000 11 Multifamily Lots - $750,000 Single Residential Lot - $65,000

Investor Tools

Property Icon
$357,000
Estimated Property Value
$981,000Estimated Mortgage Balance
$0Estimated Equity
-175% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,312
$142,540
2025
$142,540
N/A
$142,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,312
$142,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Building Or Construction Loan
$981,000
No
First
Sep 30, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$969,560
N/A
0%
272%
$5,882/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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