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Days91Days on Market
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$445,000

$465,000

103 Latimer Dr, Tool, TX, 75143

$573,547 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringConcrete, Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Courtyard, Fire Pit, Rain Gutters, Lighting

Building Information

Year Built1969
Roof Type105

Land Information

APN3180-0002-0080-63
Lot Number3,8
SubdivisionIsle Of View #1 (57)
Land UseResidential
Legal DescriptionLTS 8 & 3 AB 488 T S MITCHELL SUR, ISLE OF VIEW #1, BLK 2 LTS 8 & 3
Census Tract950801
Assessed Land Value$3,000
Assessed Improvement Value$474,870
Assessment Year2025

About this property

Panoramic open water view! Well maintained lake house with 100K in updates is nestled on a hill with mature trees, offers lots of shade, a panoramic open water view and an open concept layout. It features new appliances, quartzite counters, and new cabinets, providing ample storage and extra amenities including an oversized island which is perfect for entertaining and hosting family gatherings. Oversized bedrooms and closets provide plenty of space. Large windows throughout the house allow for an abundance of natural light, and spectacular water views. This house is move in ready and will make a great primary residence, vacation home or investment property. Additionally, the house is eligible for short-term rentals. The community offers a private boat ramp, and a lake front common area for residents to use. Both refrigerators, washer and dryer are included. Furniture and contents package is also available. House comes with a transferable foundation warranty!

Investor Tools

$338,206Estimated Mortgage Balance
$140,685Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$573,546
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,867 /month
Positive
Cash Flow Estimate:
$956 /month

Interested in this property?

Taffie Phelps

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$881/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,183
$477,870
2025
$3,000
$474,870
$477,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,183
$477,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Raymond James Bank Na
Conventional
$357,360
No
First
Jan 4, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,206
$182,794
35%
71%
$1,919/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tool

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103 Latimer Dr | Property Details | No Agent List