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1601 S Tool Drive, Tool, TX 75143

For Sale

$130,000

2 acres

Estimated Payment

$ 668 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Great property that sits on a 2 Acre lot and is very close to Cedar Creek Lake. The old house was inhabitable and has been demolished. Come and build your dream home or get away on this lovely property that has utilities already on the property. No HOA and very little restrictions. Bring your offers!
MLS# 20803845

Courtesy Of eXp Realty, LLC, Listed By Christi Smith

(888) 519-7431

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    2 Acres

Map and Directions

Directions to 1601 S Tool Drive, Tool, TX 75143

Home seller CENTURY 21 Judge Fite Company

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CENTURY 21 Judge Fite Company

(972) 723-8231
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $668
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $668

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Tool Elementary School

Grades PK-5 Public School

Tool, TX 75143 0.4 miles
1201 s tool dr

247 total students
13:1 Student teacher ratio

School Rating: B+

School Details

Malakoff Middle School

Grades 6-8 Public School

Malakoff, TX 75148 11.5 miles
106 n cedar st

299 total students
13:1 Student teacher ratio

School Rating: B

School Details

Malakoff High School

Grades 9-12 Public School

Malakoff, TX 75148 10 miles
15201 fm 3062

365 total students
10:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Lakeview Elementary School 5.1 miles Public KG-4 A-

Lakeview Elementary School

Distance: 5.1 miles

Type Public

Grades: KG-4

A-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Tool, TX 75143

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Tool, TX 75143

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

96° August
Hottest Average Month
34° January
Coldest Average Month
7,106 Total Households in Area
12.5% Increase in population since the year 2010
28.7%
of households
have children
38 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Tool, TX 75143

Tool, TX 75143 has a population of 18,115 people in 7,106 households with a median age of 41.9 years old.

12.5%
Increase in population
since the year 2010
Population is Trending up
6,082
Total households as of 2010
12%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.9 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 80%
Hispanic 16%
Other 6%
Black 2%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 80%, followed by Hispanic at 16%, Other at 6%, and Black at 2%.

Economics
for Tool, TX 75143

87 /sq mi
Population Density
$59,273 /yr
Median Household Income
$199,741
Median Sales Price
38 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.77% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 10%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 5,718 68%
Rented 1,388 16%
Vacant 1,329 16%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Family & Education Facts
for Tool, TX 75143

41.9 Median Age

Average Household Size

2.5
persons per
household

54.8%

Married Households

Community Population By Education

High School Graduate 37%
Some College 23%
Some High School 17%
Bachelors Degree 11%
Associates Degree 8%
Graduate Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 36.96% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.7% of households have children

Weather
for Tool, TX 75143

The weather for this area ranges from a high of 96° F in August to a low of 34° F in January

96° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
56°
Feb
38°
60°
Mar
45°
68°
Apr
53°
77°
May
62°
83°
Jun
69°
91°
Jul
73°
96°
Aug
72°
96°
Sep
66°
89°
Oct
55°
80°
Nov
44°
67°
Dec
36°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Tool, TX 75143!
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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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