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$18,900

NAL Estimated Property Value

2051 KANAKOA DR NORTH, Tool, TX, 75143

Off MarketInfo
Baths0 Bath

About this property

Get ready to create your own slice of paradise on Cedar Creek Lake! Nestled in the charming Paradise Bay community, you'll enjoy access to two park facilities complete with boat ramps, covered pavilions, and picnic tables. This waterfront lot offers a great view straight down the channel, perfect for your dream lake retreat. Picture yourself lounging on a cozy back porch, soaking in the serene scenery. Conveniently located near shopping and dining yet secluded enough for ultimate relaxation, this spot is your perfect getaway. Don’t miss out—come see it for yourself!

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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