Joe Reed

511 W 5th Street

Tolar, TX
$ 2,700,000 Beds 2 Baths 1 Sq 750 Virtual Tour
Monthly Estimate* How much can I afford?

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 homes for future tiny homes or whatever the buyer would like to build or add. Seller disclosure on each unit in the transaction desk on MLS.

Active

  • Price
  • $ 2,700,000
  • City
  • Tolar
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HOOD
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.06 Acres
  • Zip
  • 76476
  • Sqr Footage
  • 750
  • Year Built
  • 2024
  • Taxes
  • $ 2070
  • Style
  • Traditional
  • MLS#
  • 21345767
Listed By: Keller Williams Brazos West
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Asphalt,City Sewer,City Water,Co-op Electric,Electricity Connected
Possession Closing/Funding,Negotiable
Roof Metal
Appliances Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave
Easements Utilities
Restrictions Deed
School District Tolar ISD
Exclusions Tenants personal property
Year Built 2024
Architectural Style Traditional,Other
Levels One
Unexempt Taxes 2070
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Tolar
Transaction Type For Sale
County Hood
Property Type Residential
Security Features Smoke Detector(s)
Year Built Details Preowned
HOA Type None
Full Baths 1
Status Active
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 wi
City Tolar
Elementary School Name Tolar
High School Tolar
Elementary School Tolar
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21345767
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Eat-in Kitchen,Granite Counters,Kitchen Island,Vaulted Ceiling(s)
Flooring Concrete
Dining Areas 1
Living Areas 1
Room Count 6
Lock Box Type None
Total Bedrooms 2
Total Baths 1
Window Features Window Coverings
Laundry Features Stacked W/D Area,Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Interior Lot
Fencing Privacy,Wood
Soil Type Unknown
Lot Size Source Assessor
Parking Features Common,On Site
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.0600
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 2613.6000
Lot Size Acres 0.0600
Patio And Porch Features Covered,Front Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Tolar Elementary School
Middle School Unknown Middle School
High School

Price History

8/2/2026 Listed $2,700,000

Property vs Zip Code Average in 76476

Price
AVG $560K
$2.7M
Taxes
AVG $3,783
$2,070
Year Built
AVG 2015
2024
Visits
AVG 188
37
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

511 W 5th Street Tolar, TX is a Single Family Home for sale at $2700000 with 750 sqft and a lot size of 0.06 Acres Acre(s). 511 W 5th Street Tolar has 2 bedrooms, 1 baths and was built in 2024. The property's zip code is 76476 which is in Tolar, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joe Reed

Joe Reed

REALTOR®

254-644-3686

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy