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$2,700,000
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Property Description
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.
Full Property Details
Full Property Details for 511 W 5th St
General
- Price: $2,700,000
- Taxes: $2,070
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21345767
- Updated: 8/2/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Vaulted Ceiling(s)
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Front Porch, Covered
Parking
- Parking Features: Common, On Site
Location
- County: Hood
- Subdivision: Tolar
- Driving 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 will be on your left. GPS friendly
School Information
- Elem School District: Tolar ISD
- Midd School District: Tolar ISD
- High School District: Tolar ISD
- Elementary School: Tolar
- Middle School: Tolar
- High School: Tolar
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Other, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 750 Sq. Ft.
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size Source: Assessor
- Lot Features: Interior Lot
- Fencing (Description): Privacy, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,070
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 0.060 LOT: 3A BLK: 40 SUBD: TOLAR
- Exclusions: Tenants personal property,
- Property ID: R000106700
- Block: 40
- Lot Number: 3A
Listed by Keller Williams Brazos West, Steve Berry
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Schools
Schools serving 511 W 5th St
School District:Tolar Independent School District
| Name | Grades | Distance |
|---|---|---|
Tolar Elementary School 300 Hill City Highway, Tolar, TX 76476 | PK-5 | 0.7 mi |
Tolar J High School 401 East 7th Street, Tolar, TX 76476 | 6-8 | 0.6 mi |
Tolar High School 301 Rock Church Highway, Tolar, TX 76476 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 W 5th St
Date
Details
Price
Change
Source
8/02/2026
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 511 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,011
1316%
$121,900
1351%
2023
$142
-12%
$8,400
—
2022
$161
-36%
$8,400
-30%
2021
$252
—
$12,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 W 5th St
511 W 5th Street, Tolar, TX 76476 (MLS# 21345767) is a Single Family property with 2 bedrooms and 1 full bathroom. 511 W 5th Street is currently listed for $2,700,000 and was received on August 02, 2026. Want to learn more about 511 W 5th Street? Do you have questions about finding other Single Family real estate for sale in Tolar? You can browse all Tolar real estate or contact a Coldwell Banker agent to request more information.

