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NoAgentList RatingHow are grades calculated?

1view

$213,000

1308 Utopia Ct, Tool, TX, 75143

Off Market

3 Beds

1 Bath

1,100 Sq Ft

Single Family Residence

$227.26 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Cooling

AppliancesDishwasher, Electric Oven, Electric Range

Building Information

Year Built1974

Roof Type105

Land Information

APN3745-0000-E800-63

Lot Number1480

SubdivisionParadise Bay (2214)

Land UseResidential

Legal DescriptionLT 1480 AB 660 N G RUSSELL SUR, PARADISE BAY LT 1480, A/379

Census Tract950802

Assessed Land Value$86,501

Assessed Improvement Value$109,937

Assessment Year2025

About this property

Discover your perfect getaway at this beautifully updated lake house nestled on a serene cove! This 3 bedroom gem boasts 1100 sq feet of thoughtfully designed living space, ideal for creating lasting memories with family and friends. Step inside to find updates that blend style and comfort, from fresh finishes to updated fixtures. Bright new paint, new vinyl plank flooring, and foundation work all completed for a perfect move in! The open floor plan invites natural light and stunning views of the back yard and lake area. Outside, the property truly shines! Whether you are sipping coffee on the deck, fishing in the cove or launching your kayak, this home offer endless opportunities to connect with nature. Perfect as a vacation retreat, investment property or year round house, this lake house is move in ready and waiting for your next adventure. Air BNB and VRBO opportunities await. Schedule a tour today and see why life is better by the lake!

Investor Tools

$213,000

Estimated Property Value

$240,000Estimated Mortgage Balance

$0Estimated Equity

-13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$405/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,798

$196,438

2025

$86,501

$109,937

$196,438

Tax History

Year

Tax Paid

Assessed Value

2024

$3,798

$196,438

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Integrity Mortgage Corporation Of Texas

Conventional

$240,000

First

Apr 18, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$221,627

N/A

104%

$1,439/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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