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$18,900

NAL Estimated Property Value

2051 KANAKOA DR NORTH, Tool, TX, 75143

Off MarketInfo
Baths0 Bath

About this property

Discover the perfect backdrop for your dream lake retreat in the welcoming community of Paradise Bay. This lot offers views straight down the channel, giving you the ideal setting to design a home where every day feels like vacation. Paradise Bay residents enjoy two private park areas with boat ramps, shaded pavilions, and picnic spots. Really everything you need for effortless days on the water or relaxed gatherings with friends. Imagine sipping coffee on your future back porch, watching the water shimmer in the morning sun, or winding down evenings with breathtaking lake views. Conveniently close to shopping and dining yet tucked away for peace and quiet, this property gives you the best of both worlds. Opportunities like this don’t last—schedule your visit today and take the first step toward creating your lakeside paradise!

Investor Tools

Property Icon
$18,900
Estimated Property Value
$0Estimated Mortgage Balance
$18,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$36/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$333
$18,900
2025
$18,900
N/A
$18,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$333
$18,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$18,900
100%
0%
$0/mo

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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2051 KANAKOA DR NORTH | Property Details | No Agent List