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Days33Days on Market
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$59,900

46 Kanakoa Drive, Tool, TX, 75143

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the opportunity to own a beautiful lot in the desirable Paradise Bay community. Enjoy all the perks of lake living with boating, fishing, and outdoor recreation just minutes away. This peaceful yet growing area offers the ideal setting to build your dream home. With easy access to utilities, paved roads, and community amenities, these lots provide a perfect balance of convenience and tranquility. Located in Tool, TX—known for its serene atmosphere and small-town charm—you’ll also appreciate the close proximity to Dallas, offering an ideal blend of escape and accessibility. Seller financing available

Investor Tools

Property Icon
$78,750
Estimated Property Value
$0Estimated Mortgage Balance
$78,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$473 /month
Positive
Cash Flow Estimate:
$158 /month

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Debbie French

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,386
$78,750
2025
$78,750
N/A
$78,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,386
$78,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$78,750
100%
0%
$0/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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46 Kanakoa Drive | Property Details | No Agent List