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$424,000

2501 Ridge Cir, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths1,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$385.92 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringHardwood, Wood

Exterior

Exterior FeaturesDog Run, Lighting, Outdoor Grill, Storage

Building Information

Roof Type105

Land Information

APN2030-0006-0750-54
Lot Number75,LT,R
SubdivisionArnold Hills (369)
Land UseResidential
Legal DescriptionAB 841 D O WILLIAMS SUR, ARNOLD HILLS SUBD, BLK 6 LT 75-R REPLAT H/373 (RE:LTS 75-79)
Census Tract950801
Assessed Land Value$97,125
Assessed Improvement Value$254,795
Assessment Year2025

About this property

BREATHTAKING ELEVATED LAKE VIEWS in tastefully remodeled Craftsman-style bungalow overlooking Cedar Creek. Get the best of all worlds with 1.26 acres of waterfront property on short cove, benefits of the calmer shoreline AND spectacular open water views with east-facing sunrises. Cute home has it all with family friendly interior spaces; open floor plan ideal for gathering & entertaining; fully updated kitchen & baths; brick WBFP with hearth; hardwood floors; separated primary with en-suite bath & walk-in closet; and separate workshop or storage with water & electric. Expansive lakeside windows, oversized screened porch, and spacious tiered decks to enjoy every minute of your outdoor lake life! Five manicured lots with mature trees in well established waterfront community with nice neighboring homes, convenient to dining, medical & shopping, and easy commute to metroplex. Fully furnished, short-term rental friendly, great full or part time lake living. Bring toothbrush and move in!

Investor Tools

Property Icon
$424,000
Estimated Property Value
$485,000Estimated Mortgage Balance
$0Estimated Equity
-14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,181
$351,920
2025
$97,125
$254,795
$351,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,181
$351,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$485,000
No
First
Apr 12, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,814
N/A
0%
110%
$2,908/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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2501 Ridge Cir | Property Details | No Agent List