1101 Tool Dr Tool, TX 75143-1977
Property profile & analytics
1101 Tool Dr, Tool, TX 75143-1977
- Commercial real estate
- 1,395 SF
- 1.91 lot acres
Property ID
US82-7325075
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1101 Tool Dr
- Year built
- 1999
- Lot size
- 1.91 lot acres
- Property type
- Commercial real estate
- APN
- 0660-0250-0000-63
- APU
- 6600250000063
Description
This exceptional 1,395 square foot office building sits on a spacious 1.91-acre lot in Tool, Texas, offering unparalleled proximity to the amenities of Cedar Creek Lake. Currently zoned Agricultural (AG) by the City of Tool, this property presents a unique investment opportunity with significant upside potential. Its history as an RV park with existing water and electric hookups provides a solid foundation for various commercial ventures. The previous use included a small laundromat, suggesting potential for similar businesses. To reinstate the property's previous use as an RV park, or to pursue other commercial applications, a business plan and presentation can be submitted to the City of Tool for variance approval. A comprehensive list of permitted uses is available on the City of Tool website, under ordinances, Appendix A, schedule of Uses. This property is priced competitively at $235,000 and offers a rare blend of existing infrastructure and flexible zoning in a desirable lakeside location. The substantial lot size allows for expansion or additional development, making it an attractive proposition for both established businesses and entrepreneurs seeking a strategic location. Don't miss this chance to acquire a versatile property with significant growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Tool
- County
- Henderson
- State
- Texas
- Longitude
- -96.1738
- Latitude
- 32.2711
- CBSA code
- 11980
- CBSA name
- ATHENS, TX MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,255
$99,840
$24,950
$124,790
-
$99,840
$24,950
$124,790
