7703 Prairie Creek Ln Tolar, TX 76476
For Sale
1 / 40
This exceptional mixed-use property in Tolar, Texas, presents a unique investment opportunity. Boasting 5,850 square feet on a 2-acre lot, this property features a substantial shop with an 11-inch concrete floor and a 800 square foot storage loft above the primary bedroom. The shop's construction includes 2-inch closed-cell insulation on all metal walls and ceilings, and 5-inch open-cell insulation on exterior walls of the house, along with 11-inch open-cell insulation in the ceiling above the living room and primary bedroom. The property includes a "She Shed" (heated, cooled, and insulated), double large privacy gates, and a completely fenced lot. Additional features include a 12'x50' front porch, an oversized septic system with sprinkler system, RV dump and hookup with hot and cold water in the garage, a water filtration system on a 400-foot deep well, and an additional insulated laundry area in the well house. The shop is wired for an electric cooktop, furnace, hot water heater, and dryer. Five two-ton mini-splits provide climate control. The property has 320-amp electric service and hurricane flips on all exterior walls. The 2x6 wall framing on the house perimeter and insulated tool room walls add to its robust construction. This versatile property offers numerous possibilities, from a workshop or storage facility to a childcare center or showroom, with no restrictions and easy access. The asking price is $650,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
