NOT LISTED FOR SALE

305 Lake Dr Tool, TX 75143

Estimated Value: $894,000 - $975,906

4 Beds
3 Baths
2,968 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 09, 2022

Current estimated payment $5,901/month

19 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Open Floorplan
  • Community Boat Dock
  • Boat Slip
  • Midcentury Modern Architecture

About This Home

As of September 2022

HAVE YOU BEEN WANTING A WATERFRONT LAKE HOUSE that has been COMPLETELY RENOVATED AND TASTEFULLY DECORATED? It can be a second home for usage throughout the year, or make it a turnkey rental. This is a great family setting located in the city of Tool, in beautiful east Texas offering a front of over 100 feet of shoreline at Cedar Creek Reservoir aka Cedar Creek Lake, ideal for water sports, fishing, relaxation, and breathtaking sunsets. The home is in the beautiful countryside offering a spacious and relaxing ambiance, a safe and happy place with proximity to the DFW Metroplex for an easy and convenient weekend escape. The decking wraps around the house and is surrounded with mature trees, boat dock with lift, and fishing-swimming pier. SEA WALL AND BOAT HOUSE BRAND NEW - HIGH QUALITY. This is outdoor party time at its BEST! Furnishings are negotiable.

Last Agent to Sell the Property

Daniele ROJAS

Ebby Halliday, REALTORS License #0758314 Listed on: 07/07/2022

Ebby Halliday, REALTORS

Last Buyer's Agent

Glen Christy

Dave Perry Miller Real Estate License #0481252

Dave Perry Miller Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 10,977 Sq Ft Lot
  • Lake Front
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • 1 Carport Space
  • Parking Accessed On Kitchen Level
  • Additional Parking

Home Design

  • Midcentury Modern Architecture
  • Lake House
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Personal Watercraft Lift
  • Boat Ramp
  • Boat Slip
  • Docks
  • Lake Pump
  • Deck
  • Patio
  • Fire Pit
  • Side Porch

Schools

  • Mabank Elementary And Middle School
  • Mabank High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Municipal Utilities District for Water and Sewer
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 33 / 1
  • Assessor Parcel Number 20300001033050
  • $7,980 per year unexempt tax

Community Details

Overview

  • Voluntary home owners association
  • Arnold Hills Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.25 Acres

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Structural Style: Lake House, Resort Property, Single Detached
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: Yes
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Square Footage: 2968.00
  • Windows: Window Coverings
  • Fireplace Features: Living Room
  • Interior Amenities: High Speed Internet Available, Kitchen Island, Open Floorplan, Other
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Room Count: 13

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Other
  • Community Features: Boat Ramp, Community Dock
  • Roof: Composition, Shingle
  • Construction Materials: Rock/Stone, Vinyl Siding
  • Exterior Features: Boat Slip, Dock, Fire Pit, Garden(s)
  • Platted Waterfront Boundary: 127
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Patio, Side Porch, Other

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 1
  • Total Covered Spaces: 3
  • Parking Features: 2-Car Single Doors, Additional Parking, Kitchen Level
  • Attached Garage YN: Yes
  • Garage Height: 8
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Other
  • LaundryFeatures: Utility Room
  • Utilities: Electricity Available, MUD Sewer, MUD Water, Other

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Type: Voluntary
  • Hoa Management Company: .
  • HOA Management Company: .

Schools

  • School District: Mabank ISD
  • Intermediate School: Mabank
  • Junior High School: Mabank

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Waterfront
  • Lot Size Units: Square Feet
  • Lot Size Area: 10977.0000
  • Lot Size: 10977
  • Parcel Number: 20300001033050
  • Lot Size Acres: 0.2520
  • Lot Size Sq Ft: 10977.0000
  • Assessor Parcel Number 2: R000087191

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1978
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 7980
  • Special Taxing Entities: No
  • TaxBlock: 1
  • Tax Lot: 33

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front, Lake Front – Main Body, Personal Watercraft Lift, Retaining Wall – Concrete

MLS Schools

  • Elementary School Name: Mabank
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 12, 2022
Sold by
Silva Peter S and Silva Patricia A
Bought by
Bryla Sandra Sloat
Seller's Agent
Daniele ROJAS
Ebby Halliday, REALTORS
Buyer's Agent
Glen Christy
Dave Perry Miller Real Estate
List Price
$995,000
Views
1
Current Estimated Value
$931,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.83%
Original Mortgage
$647,000
Outstanding Balance
$618,379
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$313,598

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 15, 2018
Sold by
Meyer Michael D and Meyer Regina A
Bought by
Silva Peter S and Silva Patricia A
Seller's Agent
Tammy Hosch
McAtee Realty - Gun Barrel City
Buyer's Agent
Deborah Schwanbeck
Ebby Halliday Realtors - Cedar Creek Lake
List Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2015
Sold by
Mdm-Ram Ltd
Bought by
Meyer Michael D and Meyer Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,774
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2014
Sold by
Reverse Mortgage Solutions Inc
Bought by
Meyer Michael D and Meyer Regina A

Purchase Details

Closed on
Feb 4, 2014
Sold by
Shipp Andrew L and Shipp Mary M
Bought by
Meyer Michael D and Meyer Regina A

Purchase Details

Closed on
Jul 10, 1995
Bought by
Meyer Michael D and Meyer Regina A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Bryla Sandra Sloat -- Texas Premier Title
Silva Peter S -- Attorneys Title Co
Meyer Michael D -- Arcland Title Llc
Meyer Michael D -- --
Mdm Ram Ltd -- Brahma Title & Excrow
Meyer Michael D -- --
Reverse Mortgage Solutions Inc $350,000 None Available
Meyer Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryla Sandra Sloat $647,000
Previous Owner Silva Peter S $200,000
Previous Owner Meyer Michael D $323,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold -- -- --
07/26/2022 07/26/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $995,000 +148.8% $335 / Sq Ft
10/16/2018 10/16/18 Sold -- -- -- View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $399,900 -- $150 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $10,959 $809,847 $303,000 $506,847
2024 $10,959 $774,647 $303,000 $471,647
2023 $10,581 $744,292 $303,000 $441,292
2022 $11,634 $687,390 $303,000 $384,390
2021 $8,316 $459,290 $181,800 $277,490
2020 $7,356 $378,860 $174,530 $204,330
2019 $7,591 $378,860 $174,530 $204,330
2018 $2,771 $433,910 $174,530 $259,380
2017 $8,614 $428,820 $174,530 $254,290
2016 $8,614 $428,820 $174,530 $254,290
2015 $8,540 $428,820 $174,530 $254,290
2014 $3,996 $428,820 $174,530 $254,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20105323

North Texas Real Estate Information Systems (NTREIS)

APN: 2030-0001-0330-50

Your Personal Tour Guide

Ask me questions while you tour the home.