Estimated payment $1,011/month
Highlights
- Parking available for a boat
- Lawn
- Cooling System Mounted To A Wall/Window
- Open Floorplan
- Walk-In Closet
- Kitchen Island
About This Home
Discover affordable living just steps from Cedar Creek Lake! This charming home in the popular Paradise Bay subdivision in Tool, Texas offers the perfect blend of comfort, convenience, and lifestyle. Nestled in a welcoming waterfront community, you’ll enjoy the peace of small town living while still being close to shopping, dining, and all the fun lake activities that make this area so desirable.
Inside, you’ll find a home that’s as comfortable as it is inviting. It is ideal whether you’re a first-time homebuyer, an investor looking for rental potential, or someone ready to downsize into a simpler lifestyle.
The oversized lot sets this property apart, giving you plenty of space to spread out and enjoy the outdoors. Park your RV, boat, or extra vehicles with ease, and take advantage of the covered carport for everyday convenience. The large yard is ready for your imagination barbecues, play space, or a future garden. Plus, the property includes its own private water well for irrigation, helping you save money while keeping your lawn and garden lush year-round.
A bonus storage building with electricity provides the flexibility you need, whether it’s extra storage, a workshop, or a hobby space.
Whether you envision this as a weekend retreat near Cedar Creek Lake, a full time residence, or an investment property, this home is ready to fit your lifestyle. Homes in this price point don't last long so don’t miss your chance to own a piece of this vibrant lake community.
Call today to schedule your private showing and see why this home is the affordable lake area property you’ve been waiting for!
Listing Agent
KW-Cedar Creek Lake Properties Brokerage Phone: 903-910-3400 License #0651174 Listed on: 08/28/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 0.76 Acre Lot
- Lot Dimensions are 150x135x150x135
- Chain Link Fence
- Landscaped
- Lawn
- Back Yard
HOA Fees
- $5 Monthly HOA Fees
Home Design
- Pillar, Post or Pier Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Parking
- 2 Detached Carport Spaces
- Driveway
- Parking available for a boat
- RV Access or Parking
Outdoor Features
- Outdoor Storage
Schools
- Tool Elementary School
- Malakoff Middle School
- Malakoff High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Electric Water Heater
- High Speed Internet
Community Details
- Association fees include all facilities
- Paradise Bay Poa
- Paradise Bay Subdivision
Listing and Financial Details
- Assessor Parcel Number 37450000K71063
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,105 | $127,613 | -- | -- |
| 2024 | $1,105 | $116,012 | $32,000 | $147,592 |
| 2023 | $1,906 | $105,465 | $32,000 | $138,351 |
| 2022 | $3,527 | $123,750 | $2,000 | $121,750 |
| 2021 | $1,884 | $86,980 | $2,000 | $84,980 |
| 2020 | $1,785 | $78,930 | $2,000 | $76,930 |
| 2019 | $1,463 | $62,830 | $2,000 | $60,830 |
| 2018 | $1,216 | $52,770 | $2,000 | $50,770 |
| 2017 | $1,193 | $51,770 | $2,000 | $49,770 |
| 2016 | $922 | $39,990 | $2,000 | $37,990 |
| 2015 | -- | $39,990 | $2,000 | $37,990 |
| 2014 | $427 | $39,990 | $2,000 | $37,990 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $175,000 | +79.5% | $146 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | -- | -- | -- | View Prior Sale |
| 09/25/2017 09/25/17 | Pending | -- | -- | -- | |
| 08/18/2017 08/18/17 | For Sale | $97,500 | +2.6% | $127 / Sq Ft | |
| 06/10/2016 06/10/16 | Sold | -- | -- | -- | View Prior Sale |
| 05/03/2016 05/03/16 | Pending | -- | -- | -- | |
| 04/20/2016 04/20/16 | For Sale | $95,000 | -- | $124 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Colonial Title Company | |
| Vendors Lien | -- | Colonial Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,450 | New Conventional | |
| Previous Owner | $70,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21045184
APN: 3745-0000-K710-63
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