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NoAgentList RatingHow are grades calculated? Info

$275,000

1617 Cherokee Trace, Tool, TX, 75143

$357,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.62 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Double Oven
FlooringCarpet, Laminate

Building Information

Year Built2024
Garage Spaces2

Land Information

APN3890-0003-0090-63
Lot Number9
SubdivisionPort O 'call (36)
Land UseSingle Family Residence
Legal DescriptionLT 9 AB 488 T S MITCHELL SUR, PORT-O-CALL, BLK 3 LT 9
Census Tract950802
Assessed Land Value$25,000
Assessed Improvement Value$408,100
Assessment Year2025

About this property

New Construction!! This new listing has an open floor concept, perfect for modern lifestyle. It also features a dog bath in the laundry room for your furry friends! The house gives out lots of natural lighting, creating a bright and inviting atmosphere. The primary bedroom bathroom has a big shower for a luxurious experience. Plus a separate vanity, in addition to the dual sinks providing extra space. SELLER IS OFFERING $3,000 TO BUYER FOR CLOSING COST WITH FULL ASKING PRICE OFFERS.

Investor Tools

Property Icon
$433,100
Estimated Property Value
$0Estimated Mortgage Balance
$165,728Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$357,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,599 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,622
$433,100
2025
$25,000
$408,100
$433,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,622
$433,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$276,892
Yes
First
Jun 26, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,372
$165,728
38%
62%
$1,661/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.

Explore Texas Explore This Area
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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1617 Cherokee Trace | Property Details | No Agent List