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$934,500

NAL Estimated Property Value

1813 Scenic Drive, Tool, TX, 75143

$1,206,901 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,543 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.46 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APN4400-0008-0370-63
Lot Number37
SubdivisionTrade Winds (168)
Land UseResidential
Legal DescriptionLT 37 AB 488 T S MITCHELL SUR, TRADE WINDS, BLK 8 LT 37
Census Tract950802
Assessed Land Value$184,500
Assessed Improvement Value$750,000
Assessment Year2025

About this property

Built from the ground up in 2024, this spacious and beautiful home is ready for your family's fun, a short-term rental investment - or both! With over 3000sf on one-story, 4 bedrooms, 3 full and 1 half baths, a garage, boathouse, and a big lakeside lawn - this one is sure to be on your wish list. The absolutely stunning great room has vaulted ceilings, an open floor plan, and the biggest kitchen you'll find. There's plenty of room for cooks or kids in this kitchen with what seems like miles of beautiful quartz countertops and cabinets galore. They say the kitchen is the heart of the home, and this one has a big heart! Schedule an appointment today to see this awesome find on Cedar Creek Lake!

Investor Tools

Property Icon
$934,500
Estimated Property Value
$745,815Estimated Mortgage Balance
$188,685Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,206,901
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,607 /month
Positive
Cash Flow Estimate:
$1,869 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,760/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,445
$934,500
2025
$184,500
$750,000
$934,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,445
$934,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$325,600
No
First
May 27, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$745,815
$188,685
20%
80%
$4,861/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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1813 Scenic Drive | Property Details | No Agent List