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$400,000

1913 Austin Aisle, Tool, TX, 75143

$520,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,932 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.04 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Laminate, Other, Vinyl, Wood

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters

Building Information

Year Built1971
Roof Type105
Garage Spaces4

Land Information

APN3170-0000-0220-63
Lot Number22,23
SubdivisionIsland Oaks (52)
Land UseResidential
Legal DescriptionLTS 22 & 23 AB 488 T S MITCHELL SUR, ISLAND OAKS SUBD, LTS 22 & 23, A/169
Census Tract950802
Assessed Land Value$92,250
Assessed Improvement Value$460,297
Assessment Year2025

About this property

Discover the opportunity to create your dream Lake Front retreat on this exceptional Cedar Creek Lake canal-front property spanning nearly 0.70 acres. With an expansive lot, direct water access, and endless possibilities, this property offers the perfect canvas to design your own private oasis while embracing the laid-back lifestyle that lake living is known for. Whether you envision weekends gathering at the Lake House, peaceful mornings by the water, or unforgettable sunset cruises, the private dock is ready for it all. Equipped with three boat lifts—two smaller lifts on one side and a larger lift on the other—along with a convenient tie-off, you'll have plenty of space for all your boat, jet ski's, water toys, and easy access to the open lake. Inside, the home features a flexible floor plan with three bedrooms and two baths, offering a wonderful opportunity to update and personalize the space to reflect your own style and needs. Whether you're searching for a full-time residence, a weekend getaway, or an investment opportunity, the possibilities are endless. The property also includes a versatile shed complete with air conditioning, electricity, lighting, wood floors, a durable metal roof, a garage door, and an attached covered porch, making it ideal for a workshop, hobby space, or additional storage. A two-car covered carport provides ample parking, while a second driveway offers plenty of space for RV or boat parking. Rarely does a property combine this much land, waterfront access, and potential in one remarkable package. Bring your vision and start enjoying everything lake life has to offer. This home is being sold AS-IS.

Investor Tools

Property Icon
$732,000
Estimated Property Value
$208,000Estimated Mortgage Balance
$563,742Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$520,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,392 /month
Positive
Cash Flow Estimate:
$1,464 /month

Interested in this property?

Megan Oh

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,724
$552,547
2025
$92,250
$460,297
$552,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,724
$552,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Conventional
$208,000
No
First
May 18, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,258
$563,742
77%
23%
$1,248/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.

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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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