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$500,000 Just Listed
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Property Description
Restaurant Opportunity in the Heart of Tolar, TX! Discover a rare chance to own a prime Tolar location - formerly home to the well-known Hill City Chop House. This versatile building is already configured for restaurant operations, offering an ideal foundation for a new dining concept, café, bar, or event-driven venue. The property features an inviting layout with ample dining space. Its established presence in the community and high-visibility location on the corner of Highway 377 and Pine Street make it an excellent opportunity for entrepreneurs looking to step into a space with strong local recognition. Property Highlights: Previously operated as Hill City Chop House; Spacious dining areas with flexible floor plan;
Full Property Details
Full Property Details for 8718 W US Hwy 377
General
- Price: $500,000
- Taxes: $7,080
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21155557
- Updated: 2/7/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
Interior
- Flooring: Other
Parking
- Parking Features: Additional Parking, Alley Access
Location
- County: Hood
- Subdivision: Tolar
- Driving Directions: From Granbury, TX, take W US Hwy 377 toward Tolar. 8718 W US Hwy 377 will be on your right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Flat, Other
- Stories/Levels: 1
- Square Feet: 2,428
- Sq. Ft. Source: Assessor
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.144
- Lot Size (Sq. Ft.): 6,272.64
- Lot Size Source: Assessor
- Frontage: City Street
- Lot Features: Corner Lot, Level
- Potential Use: Food Service, Restaurant
- Zoning: Commercial
Financial Considerations
- Tax Amount: $7,080
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: ACRES: 0.144 LOT: 11 & 12 BLK: A SUBD: TOLAR
- Inclusions: Land & Improvements
- Property ID: R000039285
- Block: A
- Lot Number: 11
Listed by Knieper Realty, Inc., Pam Knieper
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Schools
Schools serving 8718 W US Hwy 377
School District:Tolar Independent School District
| Name | Grades | Distance |
|---|---|---|
Tolar Elementary School 300 Hill City Highway, Tolar, TX 76476 | PK-5 | 0.3 mi |
Tolar J High School 401 East 7th Street, Tolar, TX 76476 | 6-8 | 0.3 mi |
Tolar High School 301 Rock Church Highway, Tolar, TX 76476 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8718 W US Hwy 377
Date
Details
Price
Change
Source
2/07/2026
Listed
$500,000
—
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 8718 W US Hwy 377
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,985
2%
$416,820
3%
2023
$6,847
-12%
$404,280
—
2022
$7,751
284%
$404,280
321%
2021
$2,018
120%
$96,010
125%
2020
$916
-8%
$42,720
—
2018
$997
-9%
$42,720
-9%
2017
$1,100
—
$47,130
—
2016
$1,103
-24%
$47,130
-24%
2015
$1,455
56%
$61,880
45%
2019
$934
-36%
$42,720
-31%
2013
$1,469
—
$61,880
-3%
2013
$1,469
—
$63,700
—
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 8718 W US Hwy 377
8718 W US Highway 377, Tolar, TX 76476 (MLS# 21155557) is a Business property. 8718 W US Highway 377 is currently listed for $500,000 and was received on February 07, 2026. Want to learn more about 8718 W US Highway 377? Do you have questions about finding other Business real estate for sale in Tolar? You can browse all Tolar real estate or contact a Coldwell Banker agent to request more information.

