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A+
NoAgentList RatingHow are grades calculated? Info

$239,000

404 Oak Drive, Tool, TX, 75143

$310,700 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.58 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Roof Type105
Garage Spaces4

Land Information

APN4185-0002-0060-63
Lot Number6,7
SubdivisionSport-N-Rest Harbor (79)
Land UseResidential
Legal Description6 AB 488 T S MITCHELL SUR, SPORT N REST HARBOR, BLK 2 LTS 6-7
Census Tract950801
Assessed Land Value$2,400
Assessed Improvement Value$306,531
Assessment Year2025

About this property

This home sits right across the street from Cedar Creek Lake and is in a great neighborhood with a boat launch. Inside you will find two living areas, wet bar, wood burning stove, new paint, new light fixtures and new ceiling fans. The double lot is fenced and offers lots of room to enjoy the outdoors, beautiful mature trees and lake views. Check out the covered and screened back porch . A perfect spot for your morning coffee or an evening beverage. There is plenty of parking with carport and circle drive as well as ample storage. Behind the carport you will find a partially finished out area that could easily be turned in extra sleeping-living space, workshop or more storage.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$0Estimated Mortgage Balance
$328,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$310,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,232
$308,931
2025
$2,400
$306,531
$308,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,232
$308,931

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$328,000
100%
0%
$0/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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