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$150,000

1816 Austin Aisle, Tool, TX, 75143

$195,000 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Building Information

Year Built1983

Land Information

APN3530-0000-0110-63
Lot Number11
SubdivisionMeazell's Cedar Shores #2 (18)
Land UseResidential
Legal DescriptionAB 488 T S MITCHELL SUR, MEAZELLS CEDAR SHORES #2, LT 11
Census Tract950802
Assessed Land Value$1,500
Assessed Improvement Value$39,993
Assessment Year2025

About this property

MOTIVATED SELLER Discover comfortable, traditional living in this charming mobile singlewide home located in Tool, Texas that is VA eligible. Boasting 1,064 square feet of well-designed living space, this property offers 2 spacious bedrooms and 2 full bathrooms, complemented by an open floorplan that seamlessly integrates an eat-in kitchen featuring elegant granite countertops, a kitchen island, and a full suite of essential appliances including a dishwasher, disposal, dryer, electric oven, microwave, refrigerator, and washer. The interior is enhanced by quality carpet and luxury vinyl plank flooring, while the exterior provides a covered porch and deck along with the convenience of a carport and additional covered parking. Land on the right side of mobile has been cleared and graded all the way down to the creek. Set on a generous 0.626-acre lot, across from scenic Cedar Creek Lake and located within the reputable Malakoff ISD—serving Tool, Malakoff Elementary, Middle, and High Schools—this versatile residence is ideal for first-time buyers, downsizers, or a vacation home. Listing terms include Cash, Conventional, USDA Loan, and VA Loan. Call listing agent for more information and details on how to qualify.

Investor Tools

$59,389Estimated Mortgage Balance
$97,699Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$942 /month
Positive
Cash Flow Estimate:
$314 /month

Interested in this property?

Susan Waterman

MTX Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$749
$41,493
2025
$1,500
$39,993
$41,493
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$749
$41,493

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mark Silla
Commercial
$60,000
No
First
Oct 22, 2025
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,389
$114,611
65%
38%
$360/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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1816 Austin Aisle | Property Details | No Agent List