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Key Facts

1950Year Built

2.00Lot (acres)

$99,000

$129,000 · Price reduced

Active7 days on marketListed June 8, 2026

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Description

Thinking about building on this property. This land qualifies for special financing if you want to build on it. You can buy the land and build the house with one loan. 2.00 acres ready for your homesite in Tool, just minutes from Cedar Creek Lake. Nice level building site with power and water close by. Large lot with some elbow room from neighbors and extra room for kids and pets. Located in Malakoff ISD. Buyers agent to verify all city services & restrictions.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Year Built

1950

Lot Size

2.00 acres

Days on Market

MLS® Listing#

21295541

Property Features

Water Source

Public

Schools

Elementary:: Malakoff
Middle:: Malakoff
High:: Malakoff
District:: Malakoff ISD

Financial Details

Parcel Number

4516.0000.0050.63

Directions

From HWY 334 (L) on 274, proceed 4.6 miles property on the (R) sign on property.

Affordability Calculator

Home Price

Down Payment

$19,800

Interest Rate (%)

Loan Term

Estimated monthly payment

$527/mo

Principal $79,200 · Est. interest $110,491 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Tool, TX

$358,065
Median Listing Price: 71
Median Days on Market: 1,656
Median Sq Ft: $223
Median Price / Sq Ft: 77
Active Listings

This home’s price is 72% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Tool, TX.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
47 Kanakoa Drive, Tool, TX	$80,000	—	—	—
905 Tupuna Drive, Tool, TX	$89,500	2	1	800
1023 Chancellor Drive, Tool, TX	$90,000	—	—	—
801 County Road 2406, Tool, TX	$92,350	—	—	—
801 County Road 2406, Tool, TX	$93,350	—	—	—
613 Hilltop Drive, Tool, TX	$99,500	2	1	752

Moving Cost Estimate

Listing Courtesy: KW-Cedar Creek Lake Properties - 903-910-3400

Presented by: Valerie Bahm

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-06-08