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$501,000

NAL Estimated Property Value

121 Oak Creek Drive, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.84 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Other, Electric Water Heater
FlooringOther

Building Information

Year Built1994
Garage Spaces2

Land Information

APN2030-0007-0200-54
Lot Number20
SubdivisionArnold Hills (369)
Land UseResidential
Legal DescriptionAB 841 D O WILLIAMS SUR, ARNOLD HILLS SUBD, BLK 7 PT OF LT 20
Census Tract950801
Assessed Land Value$135,000
Assessed Improvement Value$358,547
Assessment Year2025

About this property

Charming updated waterfront home in highly sought after Arnold Hills subdivision. This updated three bedroom, two bathroom single story home offers great open concept floor plan w-1852 sf, showing off elevated views of Cedar Creek Lake & privet boat house with party deck. Updated kitchen & appliances w-plenty of work space, opening up to living area w-wood burning fireplace the leads out to gorgeous enclosed screening in porch w-outdoor fireplace. Truly a home to enjoy in all seasons. Over sized fenced backyard ready for pets and kids. A true entertainers dream for this lake home. This property shows pride of ownership & is boasting special features galore. Great value in one of CCL premier neighborhoods.

Investor Tools

Property Icon
$501,000
Estimated Property Value
$241,742Estimated Mortgage Balance
$259,258Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,006 /month
Positive
Cash Flow Estimate:
$1,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,141
$493,547
2025
$135,000
$358,547
$493,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,141
$493,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$271,000
No
First
Oct 13, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,742
$259,258
51%
48%
$1,625/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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121 Oak Creek Drive | Property Details | No Agent List