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$540,352

NAL Estimated Property Value

2804 Lynn Dell Dr, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.69 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Refrigerator
FlooringConcrete, Marble, Vinyl

Exterior

Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1970
Garage Spaces3

Land Information

APN2030-0001-0020-50
Lot Number2
SubdivisionArnold Hills (369)
Land UseResidential
Legal DescriptionAB 253 J M GARDNER SUR, ARNOLD HILLS SUBD, BLK 1 LT 2, A/173
Census Tract950801
Assessed Land Value$285,750
Assessed Improvement Value$254,602
Assessment Year2025

About this property

OWNER WILL HELP WITH FINANCING, PERFECT CREDIT NOT REQUIRED!! Beautiful lake house with expansive yard and enclosed boathouse. 2 living arrangements, main home and a separate apartment over the boathouse for total of 3 bedrooms and 3 baths! Primary home is a one-of-a-kind log style home with 2 bedrooms and 2 baths on 200'+- of waterfront! Nice open living has a large, beautiful stone fireplace, vaulted beamed ceilings and a wall of windows for an expansive view of the huge back yard and the lake. Some bonus features include new plank flooring, updated granite in the kitchen, recent Pella windows, metal roof, sod, landscaping, new stain on log cabin siding, paint. Wrought Iron fence around 3 side of the perimeter of the property with double gates to provide security. Seller will fence south side of property to match prior to closing. Concrete retaining wall is thick and solid. Boat slip inside enclosed boathouse. There is an efficiency apartment above with approx. 816 sq. ft., open floor plan with kitchen and large bath has washer and dryer connections. This adds a large amount of bunk space or could be added income if rented. Circle driveway, landscaped yard, detached 2 car garage with utility room. Desired lakefront subdivision, close to shopping and restaurants. This house is ready to go! Seller will work with buyer on financing., alternative financing available.

Investor Tools

Property Icon
$540,352
Estimated Property Value
$342,257Estimated Mortgage Balance
$198,095Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,528
$540,352
2025
$285,750
$254,602
$540,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,528
$540,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sig Cap Group Llc
Commercial
$350,000
No
First
Feb 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,257
$198,095
36%
63%
$2,099/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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2804 Lynn Dell Dr | Property Details | No Agent List