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$30,000

1159 Bora Bora St, Tool, TX, 75143

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build Your Dream Lake House Near Cedar Creek Lake! Discover the perfect setting for your retirement or weekend getaway in Paradise Bay—just a short walk to the sparkling waters of beautiful Cedar Creek Lake. This property offers two adjacent lots, giving you the option to purchase one or both. With mature shade trees, a peaceful atmosphere, and access to two private docks and two community parks, it’s a wonderful place to relax and enjoy lake life. Located in a quiet, established neighborhood with long-time residents, you’ll be close to the conveniences of Seven Points, Gun Barrel City, and Mabank. Seller is open to selling both lots together. (additional lot is 1160 Pear Harbor) Don’t miss your chance to create the perfect lake retreat in one of the most desirable areas near Cedar Creek Lake! Text agent for an aerial video

Investor Tools

$0Estimated Mortgage Balance
$16,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Alfred Domingues

Compass RE Texas , LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$30/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$282
$16,000
2025
$16,000
N/A
$16,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$282
$16,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$16,000
100%
0%
$0/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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1159 Bora Bora St | Property Details | No Agent List