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$70,000

Austin Aisle, Tool, TX, 75143

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

***MOTIVATED SELLER*** Seize the opportunity with this unimproved land in the desirable Meazells Cedar Shores subdivision of Tool, Texas. Included are detailed plans for a magnificent Behren family Missouri barndominium that beautifully blends comfort and style for modern family living. When finished, the design features 2,039 square feet of refined living space paired with an attached 2,123 square foot shop complete with a spacious garage and wraparound porch, offering both functionality and inviting charm. Enjoy creek front water access just a stones throw away to Cedar Creek Lake—though not navigable by boat—for serene views and a tranquil setting. Located in Henderson County and zoned for the reputable Malakoff ISD, this property presents endless potential, whether you're envisioning a permanent residence or a distinctive vacation retreat.

Investor Tools

$0Estimated Mortgage Balance
$1,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

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James Baker Jr

MTX Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30
$1,700
2025
$1,700
N/A
$1,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30
$1,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,700
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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Austin Aisle | Property Details | No Agent List