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A+
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$207,000

2112 Leyte Dr, Tool, TX, 75143

$269,100 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.82 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListARV FlipHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Exterior

Exterior FeaturesPrivate Yard

Building Information

Roof Type105
Garage Spaces1

Land Information

APN3745-0000-L120-63
Lot Number2112,21
SubdivisionParadise Bay (2214)
Land UseResidential
Legal DescriptionLTS 2112 & 2113 AB 488 T S MITCHELL SUR, PARADISE BAY LTS 2112 & 2113
Census Tract950802
Assessed Land Value$32,000
Assessed Improvement Value$289,013
Assessment Year2025

About this property

Lake Living Dreams Start Here! Discover the perfect blend of comfort and adventure at your new home in Tool, Texas. This 3-bedroom, 2-bath home is a great value and sits proudly on a double lot, giving you the space you’ve always wanted for entertaining, relaxing, or future expansion—all within a welcoming lakeside community. Lowest Price & A Great Deal! This home is not only move-in ready—it’s also the lowest-priced property in the neighborhood, making it an incredible opportunity to enjoy lake living at a value that’s hard to beat. A smart investment and a rare find for buyers looking for both space and affordability. Property Highlights: Spacious 3 bed 2 bath layout designed for family living or weekend getaways. Double lot offers room for outdoor fun, gardens, or even a workshop. Nestled in a lake-oriented neighborhood with easy access to Cedar Creek Lake. Mature trees and open yard space create a private retreat with plenty of shade. Just minutes from marinas, boat ramps, and waterfront dining. Why Tool, TX A true lake living community—perfect for boating, fishing, and water sports. Small-town charm with local shops, restaurants, and friendly neighbors. Conveniently located less than an hour from Dallas, ideal for weekend escapes or full-time living. Cedar Creek Lake is one of Texas’ largest lakes, offering year-round recreation and unforgettable sunsets. Whether you’re looking for a permanent residence, a weekend retreat, or a savvy investment, Home delivers the best of lake living with extra space to grow—at the lowest price in the neighborhood and a truly great deal.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$133,200Estimated Mortgage Balance
$74,766Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$269,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,091
$189,258
2025
$32,000
$289,013
$321,013
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,091
$189,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National Loan Funding Llc
Commercial
$133,200
No
First
Dec 15, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,234
$74,766
36%
64%
$799/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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2112 Leyte Dr | Property Details | No Agent List