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$378,000

108 Ridgewood Drive, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.93 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APN2355-0000-1370-63
Lot Number137,140
SubdivisionCedar Crest Shores (508)
Land UseResidential
Legal DescriptionLTS 137-140 AB 360 G HANCOCK SUR, CEDARCREST SHORES ESTS, LTS 137-140 & 24X270 TR ADJ TO LTS 139-142, B/62
Census Tract950801
Assessed Land Value$20,000
Assessed Improvement Value$298,095
Assessment Year2025

About this property

4 FENCED LOTS! Amazing Location within walking distance to Cedar Creek on half an acre. Staycation all the time here! LOVE your huge deck, nice screened in porch, open floorplan, nice, vaulted ceilings, loft area and 1 bedroom with bath on second floor. Cozy WBFP to enjoy upcoming holidays or relax and create your very own resort style life tucked away from it all. Your outdoor gems included mature trees (walnut, pecan, oak and pine), 4 car carport, 2 storage buildings and much more. Annual POA of $60. Pictures will be posted soon!!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,826Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,590
$318,095
2025
$20,000
$298,095
$318,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,590
$318,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$135,800
No
First
Mar 14, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,174
$252,826
66%
33%
$815/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.

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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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108 Ridgewood Drive | Property Details | No Agent List