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$679,661

NAL Estimated Property Value

1927 Cherokee Trace, Tool, TX, 75143

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.45 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringOther

Building Information

Year Built1968
Roof Type105
Garage Spaces5

Land Information

APN4400-0008-0480-63
Lot Number48
SubdivisionTrade Winds (168)
Land UseResidential
Legal DescriptionLT 48 AB 488 T S MITCHELL SUR, TRADE WINDS, BLK 8 LT 48, A/195
Census Tract950802
Assessed Land Value$150,000
Assessed Improvement Value$529,661
Assessment Year2025

About this property

BEAUTIFUL LAKE CABIN! OPEN LIVING-KITCHEN-DINING ENHANCED BY VAULTED CEILINGS. SECOND LIVING AREA, WATERSIDE MASTER SUITE FEATURING BATH WITH FULL BODY SHOWER JETS, TILE AND HARDWOOD FLOORS THROUGHOUT. STAINLESS STEEL APPLIANCES AND MANY EXTRAS ALL NESTLED AMONG LARGE NATIVE HARDWOOD TREES IN RESTRICTED COMMUNITY. FIREPIT, BOATHOUSE WITH 2 PWC LIFTS AND PARTY DECK. THERE ARE TWO BEDROOMS ON MAIN LEVEL OF HOME, SECOND LIVING- VERSATILE BUNKSPACE UPSTAIRS GREAT FOR OVERFLOW GUESTS. SHADED MULTI LEVEL DECKING LOOKS OUT OVER THIS PROTECTED COVE, GREAT RECREATION AND BOATING LAUNCH NEARBY. RUSTIC STYLE ACCENTS THROUGHOUT INTERIOR, WIDE OPEN LAYOUT TO MAIN ENTERTAINING SPACE, LOTS OF STORAGE.

Investor Tools

Property Icon
$679,661
Estimated Property Value
$353,495Estimated Mortgage Balance
$326,166Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,078 /month
Positive
Cash Flow Estimate:
$1,359 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,266/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,794
$679,661
2025
$150,000
$529,661
$679,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,794
$679,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Conventional
$398,700
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,495
$326,166
47%
52%
$2,391/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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1927 Cherokee Trace | Property Details | No Agent List