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    901 Cr 2406 Tool, TX 75143

    Sponsored
    For Sale
    $199,990

    Acreage W/Res, Single Family,Doublewide - Tool, TX

    Type:Mobile Home
    Property size:
    2,128 SF
    Lot size:
    2.85 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 19 at 7:06 am

    Property Features for 901 Cr 2406

    General Information

    Property type
    Land
    Property subtype
    Mobile Home
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    2775.0002.0290.60
    Parking features
    Workshop
    Patio and Porch features
    Porch
    Interior features
    Wbfp, Washer/Dryer Connection, Ceiling Fans
    Exterior features
    Insulated Windows And Doors, Front/Back Porch, Fence, Residence(s), Fenced, Cross Fenced, Workshop
    Fencing
    Cross Fenced, Fenced
    Appliances
    Dishwasher, Range, Washer
    Size
    2,128 SF
    Lot size
    2.85 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Building materials
    Frame, Vinyl Siding
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Residence, Workshop

    We can help!

    Listing Contact
    Valerie Bahm
    Valerie Bahm

    Keller Williams Realty - Cedar Creek Lake Properties (972) 772-7003

    Listing agent Valerie Bahm (903) 910-3400

    Listing date Jan 12, 2026

    MLS# 109433 Listing URL

    Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spacious Home on Acreage

    This spacious five-bedroom, three-bathroom doublewide is situated on just over 2.85 acres. The property is fully fenced and includes a generous yard, workshop, and shed. The home offers 2,128 square feet of living space and features a large living area with a wood-burning fireplace. The open concept design seamlessly connects the family room, dining area, and kitchen, which benefits from ample natural light. The kitchen includes an island and abundant cabinet space. The home is arranged with a split-bedroom layout. The master suite includes an expansive bathroom and a large closet. The property is adorned with trees and a wood privacy fence. A new HVAC system has been installed. Located minutes from Cedar Creek Lake, the property is also close to restaurants, shopping, and entertainment. It is located within the Malakoff Independent School District. The property has no known restrictions and is suitable for a large family with pets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Clothing Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Daycare Center Grocery Store Food Market Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tool
    County
    Kaufman
    State
    Texas
    Longitude
    -96.2786
    Latitude
    32.3343

    Nearby Similar for Sale

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    • $80,000
      2,456 SF

      Tool, TX Retail Investment Opportunity

      Two-unit retail space, prime location.
      625 Will White Rd, Tool, TX 75143
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    FAQs

    What type of property is this?
    Single family property - Five-bedroom home on 2.85 acres near Cedar Creek Lake.
    Where is this single family property located?
    The property is located at 901 Cr 2406 Tool, TX.
    What is the asking price?
    The asking price for this property is $199,990.
    What are key features of this property?
    This property features: - Spacious 5-bedroom, 3-bathroom home offering 2,128 sq ft of living space on 2.85 acres.; - Benefit from a BRAND NEW HVAC System.; - Fully fenced property, including cross fencing, with a workshop and shed.
    (903) 386-6064
    Request Owner's contact information
    901 Cr 2406 Tool, TX 75143
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    Tool, TX 75143
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Cr 2406 Tool, TX 75143
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    We can help!
    Listing Contact
    Valerie Bahm
    Valerie Bahm
    Real Estate License ID: 0629769
    (903) 386-6064
    Learn more
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