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$899,000

NAL Estimated Property Value

1831 Emma Drive, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,750 Sq Ft
price_per_sqft$513.71 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Convection Oven, Refrigerator
FlooringConcrete

Exterior

Exterior FeaturesDock, Fire Pit

About this property

Welcome to 1831 Emma Dr — a striking 2023-built A-frame retreat located on the serene shores of Cedar Creek Lake. With its architectural charm and soaring ceilings, this modern lakefront beauty captures the essence of lake living with a stylish edge. Whether you’re searching for a weekend getaway, full-time escape, or a high-performing short-term rental, this property checks every box. Thoughtfully designed for comfort and functionality, the open-concept layout offers incredible natural light, breathtaking views, and seamless indoor-outdoor flow. Relax on the deck, launch a kayak from your backyard, or cozy up under the stars — the possibilities are endless. Less than an hour east of Dallas, this turnkey property offers the flexibility to enjoy with family and friends while also generating rental income through Airbnb or short-term stays. A rare opportunity to own a piece of architectural lakefront bliss and an income-producing asset all in one. Don’t miss this incredible investment and lifestyle opportunity on Cedar Creek Lake!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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1831 Emma Drive | Property Details | No Agent List