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$71,162

NAL Estimated Property Value

601 S Tool Dr, TX, 75143

$92,511 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths900 Sq Ft
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringCeramic Tile

Exterior

Lot Size10,890 sqft

Building Information

Year Built1984

Land Information

APN0660-0110-0A00-63
SubdivisionAb 0660 N G Russell Sur
Land UseCommercial
Legal DescriptionAB 660 N G RUSSELL SUR, TR 11A (RE:TR 4C)
Census Tract950801
Assessed Land Value$32,400
Assessed Improvement Value$38,762
Assessment Year2025

About this property

BRING ALL OFFERS, HUGE INVESTOR OPPORTUNITY! A house, a separate business office, and there is a 40 X 30 shop with attached animal run, all on an acre of land. Close to the lake. The home has been extremely well cared for and has new flooring. The home's roof and HVAC are approximately 3 years old. It has a great floor plan and separately fenced backyard from the shop area. Plenty of room to park lake toys or RV. Located on Hwy 274, a main road in town, think of the possibilities for a small business! Or even open the business and rent the house! The office is approx. 900 square feet with a waiting area, reception area, two private offices, break room type area, and one bath. This was used as a Hearing Center. If you want to live right next to your work, this is perfect. If you are looking for a great investment opportunity, rent out both! So much potential here. The city has issued the property non-conforming, so residential or commercial use is permitted. Sold as one property only.

Investor Tools

Property Icon
$71,162
Estimated Property Value
$0Estimated Mortgage Balance
$71,162Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$92,511
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,977 /month
Positive
Cash Flow Estimate:
$659 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,199
$71,162
2025
$32,400
$38,762
$71,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,199
$71,162

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$71,162
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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601 S Tool Dr | Property Details | No Agent List