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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tolar at 1317 Oleander Dr, Tolar, TX, 76476 offers a 8.54% rental yield on a $299,900 purchase with $2,135/mo rent. 7% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 103.03% and total cumulative return in cash at $102,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,135/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $299,900 |
| 2023-07-18 | Listing removed | N/A |
| 2023-07-18 | Price change | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $5213.17 | 35.16% | $311,090 | 36.59% |
| 2023-05-29 | $3857.12 | 814.42% | $227,760 | 935.27% |
| 2022-05-29 | $421.81 | N/A | $22,000 | N/A |
Listed by: Brian Blevins • Elevate Realty Group
Mls Name: NTREIS
Mls ID: #20950698
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
