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$419,999 Just Listed
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Property Description
Excellent opportunity to aquire a 2-acre commercial propertry with approximately 210 feet of road frontage on St Hwy 274 in Tool, Tx. The site is improved with crush concrete base, gravel, surrounded on all sides with high end security fencing, coded gate access, security lighting, video cameras, electrical service, and 67 designated RV and Boat storage spaces. Six of these spaces are covered under a steel shelter. More than $215,000.00 has been invested in site improvments. The property currently operates as a outdoor storage facility with existing income and room for expansion. Located within the Forest Acres #2 restrictive covenants, the property permits both commercial and residential use. This offers strong long-term flexibility. No water or sewer infrastructure is currently on site. This property offers strong highway visibility, existing infrastructure, and commercial designation. This property presents a diverse investment opportunity with the potential for multiple uses and revenue streams.
Full Property Details
Full Property Details for 1204 Tool Dr
General
- Price: $419,999
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21363454
- Updated: 8/22/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Rental, Storage
Interior
- Flooring: See Remarks
Parking
- Parking Features: Additional Parking, Aggregate, Assigned, Boat, Drive Through, Driveway, Electric Gate, Gravel, Gated, Open, Outside, Oversized, Parking Lot, RV Carport, RV Gated, RV Access/Parking, Secured, Storage
Location
- County: Henderson
- Subdivision: Forest Acres
- Driving Directions: GPS is the best source of directions
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Metal
- Stories/Levels: 1
- Sq. Ft. Source: Public Records
- Year Built: 2024
Lot Features
- Lot Size (Acres): 2.0007
- Lot Size (Sq. Ft.): 87,150
- Lot Size Source: Public Records
- Potential Use: Other
- Zoning: Commercial/ Residential
Water Features
- Water Front Name: Cedar Creek
Financial Considerations
- Tenant Pays: Parking Fee
Disclosures and Reports
- Legal Description: AB 360 G HANCOCK SUR, FOREST ACRES, BLK 3 LT 25
- Inclusions: Land & Improvements
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: 4234
- Block: 3
- Lot Number: 25
Listed by TX Lake & Land Real Estate, David Woody Woodham
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Schools
Schools serving 1204 Tool Dr
School District:Malakoff Independent School District
| Name | Grades | Distance |
|---|---|---|
Tool Elementary School 1201 South Tool Drive, Tool, TX 75143 | PK-5 | 0 mi |
Malakoff Middle School 106 N Cedar, Malakoff, TX 75148 | 6-8 | 11.8 mi |
Malakoff High School 15201 Fm 3062, Malakoff, TX 75148 | 9-12 | 10.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1204 Tool Dr
Date
Details
Price
Change
Source
8/18/2026
Listed
$419,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1204 Tool Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,030
15%
$175,919
20%
2023
$1,767
—
$146,599
18%
2023
$1,767
-71%
$124,688
—
2022
$5,998
169%
$125,020
—
2021
$2,231
3%
$125,020
—
2020
$2,163
-4%
$125,020
—
2019
$2,246
4%
$125,020
7%
2018
$2,164
2%
$117,190
2%
2017
$2,128
—
$115,240
—
2016
$2,125
—
$115,240
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1204 Tool Dr
1204 Tool Drive, Tool, TX 75143 (MLS# 21363454) is a Business property. 1204 Tool Drive is currently listed for $419,999 and was received on August 18, 2026. Want to learn more about 1204 Tool Drive? Do you have questions about finding other Business real estate for sale in Tool? You can browse all Tool real estate or contact a Coldwell Banker agent to request more information.

