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$179,000

1312 Wedgewood Place, Tool, TX, 75143

$232,700 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.02 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Concrete, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size26,572 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces7

Land Information

APN2965-0002-0260-63
Lot Number15,27,2
SubdivisionHeather Woods I (127)
Land UseResidential
Legal Description26R AB 659 N G RUSSELL SUR, HEATHER WOODS #1, BLK B LT 26R (PT OF LTS 27,15,14A) G/309
Census Tract950801
Assessed Land Value$25,000
Assessed Improvement Value$394,888
Assessment Year2025

About this property

Looking for a relaxing retreat at sought-after Cedar Creek Lake? This could be the one for you! This home sits on a huge site consisting of multiple lots, has an in-ground pool, and an attractive lake view from its large rear deck! The house features 3 bedrooms, 3 full baths, a spacious living room with FP, a kitchen with an abundance of cabinet and counter space, an amazing master bath, and more. This property has an abundance of character with room to roam and entertain. Access to the neighborhood's boat ramp is just icing on the cake. This home is in a gated waterfront community within an hour of the Dallas Metroplex. This is a Fannie Mae Homepath Property. Do not hesitate...view it today!

Investor Tools

Property Icon
$523,000
Estimated Property Value
$0Estimated Mortgage Balance
$382,916Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$232,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,138 /month
Positive
Cash Flow Estimate:
$1,046 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,667
$412,548
2025
$25,000
$394,888
$419,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,667
$412,548

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Unknown
$156,409
No
First
Dec 4, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,084
$382,916
73%
27%
$938/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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1312 Wedgewood Place | Property Details | No Agent List