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Street View

$253,000

NAL Estimated Property Value

9375 County Road 2403, Tool, TX, 75143

$258,882 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,848 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$108.23 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size1.10 acres

Building Information

Year Built1987
Garage Spaces5

Land Information

APN0362-0090-0A10-60
SubdivisionAb 0362 G Hancock Sur
Land UseResidential
Legal DescriptionAB 362 G HANCOCK SUR, TR 9A-1, (M/H LABEL# TEX0421872, TEX0421873 & SERIAL# OC03882164A,OC03882164B)
Census Tract950801
Assessed Land Value$29,700
Assessed Improvement Value$82,184
Assessment Year2025

About this property

AG Exempt 9.5 Acre Tract in Tool TX Near Cedar Creek Lake. This Henderson County land listing offers a rare combination of country privacy, usable acreage, and unbeatable location just minutes from Cedar Creek Lake. Property features include a pond, tree-lined perimeter, pipe fencing, gated entry, concrete approach with culvert, and an agricultural exemption to keep your carrying costs low. Ideal for a custom home build, horse property, hobby farm, small ranch, or weekend retreat near Cedar Creek Lake. Land supports livestock, hay production, chickens, bees, and outdoor living. Enjoy peaceful East Texas surroundings while staying close to Cedar Creek Lake boating, fishing, dining, shopping, and waterfront recreation. Dallas is approximately one hour away. Vacant land near Cedar Creek Lake with this level of infrastructure and versatility rarely comes available in Henderson County. Build it, farm it, and create your own version of East Texas country living. Buyer and buyer's agent to verify all information.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$188,275Estimated Mortgage Balance
$64,725Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$258,882
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,513
$111,884
2025
$29,700
$82,184
$111,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,513
$111,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$189,012
Yes
First
Feb 27, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,275
$64,725
25%
74%
$1,180/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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9375 County Road 2403 | Property Details | No Agent List