








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Tolar at 510 Mimosa Ln, Tolar, TX, 76476 generates $2,156/mo in rent and, after a $1,415/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,156/mo, and annual cash flow is $1,205/yr on $95,804 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 8.95% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 110.82% and total cumulative return in cash sums $106,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,156/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
2,613 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 |
|---|---|---|
| 2025-02-05 | Price change | $289,000 |
| 2024-11-23 | Listed for sale | $299,000 |
| 2023-05-16 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $4388.52 | -11.23% | $261,880 | -10.29% |
| 2023-02-11 | $4943.52 | 7.19% | $291,910 | 21.36% |
| 2022-02-11 | $4611.99 | 412.19% | $240,540 | 23.08% |



Listed by: Cody Mills • Home Grown Group Realty, LLC
Mls Name: NTREIS
Mls ID: #20781822
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.