
$71,162
NAL Estimated Property Value601 S Tool Dr, TX, 75143
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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.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Tool
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