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$685,000

NAL Estimated Property Value

111 Isle Of View Dr, Tool, TX, 75143

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.19 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Boat Slip, Dock, Rain Gutters, Storage

Building Information

Year Built1971
Roof Type105

Land Information

APN3180-0001-0150-63
Lot Number15
SubdivisionIsle Of View #1 (57)
Land UseResidential
Legal DescriptionAB 488 T S MITCHELL SUR, ISLE OF VIEW #1, BLK 1 LT 15, A/229
Census Tract950801
Assessed Land Value$183,000
Assessed Improvement Value$443,209
Assessment Year2025

About this property

Prepare to be amazed at the water depth at this boathouse! No worries about lake levels here! Enjoy miles and miles of east-facing views from this 4-3 on an elevated lot in a small, pretty neighborhood on Cedar Creek Lake! The open floor plan living-kitchen-dining features a wood-burning fireplace and walls of windows to the expansive lake view. 3-2 down with a second primary suite up, that would be a phenomenal game room or bunk room, showcasing a balcony with the most amazing views ever. Fenced yard and big lakeside patio with a large storage room and of course, lawn sprinkler system off lake pump. Boathouse has boat and PWC lifts - and I challenge you to find one with better water depth. Bring your tape measure! The west side location on the lake has several new and fun restaurants, plus offers the quickest commute back to the metroplex......if you must go back! HVAC and water heater were replaced within the past 5 yrs. The carport hut in front can stay or be removed. The previous owner had garage expansion plans drawn, and are available at the house if interested. Survey on file.

Investor Tools

Property Icon
$685,000
Estimated Property Value
$667,127Estimated Mortgage Balance
$17,873Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,043/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,094
$626,209
2025
$183,000
$443,209
$626,209
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,094
$626,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearedge Lending Llc
Unknown
$672,000
No
First
Dec 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$667,127
$17,873
2%
97%
$4,029/mo

Learn About the Market: Opportunity in Texas

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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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111 Isle Of View Dr | Property Details | No Agent List