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$215,000

NAL Estimated Property Value

1820 Tx-274, Tool, 75143

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About this property

Prime Commercial Opportunity in Tool, TX Located right on State Highway 274 in the rapidly growing community of Tool, TX, this versatile property offers nearly an acre of land with endless potential. The brand new 1,056 square foot structure features a functional kitchen lounge area, full bathroom, 2 offices or bdrms making it ideal for office use or a business with living quarters. The inviting front porch boasts epoxy flooring with charming cedar accents, adding character and curb appeal. Additional features include a separate storage unit and two private fences for added security and privacy. Plus, Cedar Creek Lake is practically in your backyard. Currently zoned Commercial B1, this property is perfectly suited for various business ventures. For those with different visions, reach out to the City of Tool regarding zoning variances.

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$215,000
Estimated Property Value
$0Estimated Mortgage Balance
$215,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
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Cash Flow Estimate:
$430 /month

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Financing Details

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

City: Tool

1820 Tx-274 | Property Details | No Agent List