00 Tool Dr Cedar Crk Tool, TX 75143
Exceptional 2-acre commercial land parcel in Tool, Texas, is available for $89,000. This property, identified by APN 4516.0000.0050.63, boasts a generous 87,120 square feet, translating to a price of $1.02 per square foot. Located at 00 South Tool Drive (Cedar Creek), in Henderson County, zip code 75143 (32.2594891, -96.1617493), this lot presents a level building site with convenient proximity to Cedar Creek Lake. The property is zoned R1 and includes a water meter, with the possibility of sewer access through WCCMUD. While power and water are nearby, buyers are advised to independently verify the availability of all city services and any applicable restrictions. This expansive lot offers ample space, providing room for various development possibilities. The property is situated within the Malakoff ISD. Special financing options may be available for those planning construction on the site, allowing for the simultaneous purchase of the land and financing of construction.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.