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Property profile & analytics
OFF-MARKET
Land

00 Tool Dr Cedar Crk Tool, TX 75143

2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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