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$1,100,000

2005 Emma Drive, Tool, TX, 75143

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.74 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Indoor Grill, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBarbecue, Built-in Barbecue, Dock, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
Lot Size6,534 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN2548-0000-0020-63
Lot Number2
SubdivisionCypress Cove (11)
Land UseVacant Land
Legal DescriptionLT 2 AB 488 T S MITCHELL SUR, CYPRESS COVE LT 2, E/164
Census Tract950802
Assessed Land Value$123,750
Assessed Improvement Value$777,197
Assessment Year2025

About this property

Waterfront Living, Reimagined — Where Every Sunset Is Yours! Tucked along a protected cove on Cedar Creek Lake, this stunning 2023 waterfront retreat delivers the full lake life experience endless sunsets, entertaining spaces that flow from indoors to out, and the kind of thoughtful design that makes every day feel like a vacation. Whether you're seeking a primary residence, a weekend getaway, or a high-demand short-term rental, this home checks every box. Step inside a fully integrated smart home built for those who demand both comfort and function. The chef's kitchen is the heart of the home outfitted with double ovens, self closing solid wood cabinets, warming drawer, 6-burner gas stove, and professional vented hood. A sleek wet bar with wine refrigerator and ice machine keeps the good times flowing without missing a beat. When the evening calls for something cozy, gather around the indoor fireplace a warm, inviting anchor to the main living space. Take the party outside to the outdoor kitchen and patio. Where a second fireplace sets the perfect ambiance for cool lakeside evenings under the stars. Then head down to your private boathouse with catwalk leading to an expansive party deck the ultimate stage for golden hour gatherings on the water. Back inside, catch a movie in the dedicated theatre room or use the flexible upstairs space your lifestyle demands. Retreat to the primary ensuite downstairs, a spa-inspired sanctuary featuring a deep soaking tub and a luxurious steam-sauna shower. Practical luxury continues with an oversized 2-car garage with epoxy floors and tankless hot water heaters. Designed for low maintenance and high reward, this home delivers the lake life without compromise. Short drive to Tool 8 Park and restaurants. Just a little over an hour from Dallas you can be living the lake life!

Investor Tools

$30,921Estimated Mortgage Balance
$951,079Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Patricia Paull

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,855
$900,947
2025
$123,750
$777,197
$900,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,855
$900,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Purchase Money Mortgage
$52,000
No
First
Apr 25, 2008
May 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,921
$951,079
96%
3%
$296/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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2005 Emma Drive | Property Details | No Agent List