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$120,000

321 Lide Lane, Tool, TX, 75143

$140,923 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.28 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Cooktop, Microwave, Refrigerator
FlooringCarpet, Wood

Building Information

Roof Type112
Garage Spaces2

Land Information

APN4535-0000-2730-63
Lot Number273,281
SubdivisionWestwood Beach Sec I & Ii (351)
Land UseResidential
Legal DescriptionLTS 273-281 AB 659 N G RUSSELL SUR, WESTWOOD BEACH SEC II, LTS 273-281
Census Tract950801
Assessed Land Value$9,000
Assessed Improvement Value$121,554
Assessment Year2025

About this property

This is a rare opportunity to purchase a charming, well-kept home on a panoramic property, surrounded by mature trees, beautiful flowers, & the lakeside community of Westwood Beach. This picturesque part of Cedar Creek Lake has some of the most fertile soil in all of Henderson County, as evidenced by the countless gardens & immaculate landscaping all around. This quaint home has tons to offer: the roof was replaced in 2019, the original hardwoods floors were refinished in 2019, the foundation repaired in 2019, the water heater replaced in 2018, & the 2 window units in 2019. There's an on-site propane tank to be conveyed with the property, allowing for cheap heating in the winter & 2 huge workshops out back.

Investor Tools

Property Icon
$154,000
Estimated Property Value
$0Estimated Mortgage Balance
$63,146Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$140,923
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,272
$130,554
2025
$9,000
$121,554
$130,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,272
$130,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Non-Purchase Money Mortgage / Home Equity
$93,788
No
First
Aug 12, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,854
$63,146
41%
59%
$563/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.

Explore Texas Explore This Area
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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321 Lide Lane | Property Details | No Agent List