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$336,817

NAL Estimated Property Value

429 Shoreline Dr, Tool, TX, 75143

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.41 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
CoolingCooling
AppliancesDryer, Refrigerator, Washer
FlooringSimulated Wood

Exterior

Exterior FeaturesBalcony, Boat Slip, Dock, Storage

Building Information

Year Built1972
Roof Type105

Land Information

APN2355-0000-4680-63
Lot Number468
SubdivisionCedar Crest Shores (508)
Land UseResidential
Legal DescriptionLT 468 AB 360 G HANCOCK SUR, CEDARCREST SHORES ESTS, LT 468
Census Tract950801
Assessed Land Value$168,750
Assessed Improvement Value$168,067
Assessment Year2025

About this property

Waterfront in Cedar Creek Lake. This Adorable Cozy Cottage with views of the lake is ready for a new owner. 2 Bedroom, 1 Bath with 2 car carport and open area in the front for additional parking. Covered patio in front and open patio in the back. Landscaped with steps leading down to your slip that is right off the main lake. POA has a minimal annual cost and includes a private launch right on to Cedar Creek Lake.

Investor Tools

Property Icon
$336,817
Estimated Property Value
$211,815Estimated Mortgage Balance
$125,002Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,021 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,919
$336,817
2025
$168,750
$168,067
$336,817
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,919
$336,817

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Conventional
$217,875
No
First
Oct 9, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,815
$125,002
37%
63%
$1,449/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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429 Shoreline Dr | Property Details | No Agent List