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$345,000
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Property Description
Located just minutes from the beautiful Cedar Creek Lake, this versatile one-acre property offers the prefect blend of residential comfort and commercial potential in a rapidly growing area. Positioned directly on Highway 274 in Tool, the property provides excellent visibility and accessibility, ideal for a small business owner to work and live in the same location. The property features a well-maintained home with a spacious layout. Roof and HVAC replaced approximately four years ago and the home has a separately fenced in backyard area. The 900 square foot office building has a waiting area, two private offices, breakroom type area, and one bathroom. Perfect for an attorney, realtor, or any small professional business. There is a 40 x 30 shop with attached animal run, providing ample space for storage, hobbies, or equipment. Plenty of room for an RV, boat, lake toys, perfect for someone who enjoys the lake lifestyle. Just down the street you will find an active marina and public boat ramp for accessing Cedar Creek Lake, known for its outstanding fishing and water recreation. City has issued the property Non-Conforming Use where residential and commercial use will be permitted.
Full Property Details
Full Property Details for 605 Tool Dr
General
- Price: $345,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21203768
- Updated: 3/10/2026
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Other
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range, Electric Water Heater
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Additional Parking, Parking Lot, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Henderson
- Subdivision: Tool
- Driving Directions: From the Ebby Gun Barrel Office, take Main St. to Seven Points. Take a left onto Hwy 274 and follow down to Tool. The home is on Hwy 274 otherwise known as S. Tool. The property will be on your right.
School Information
- Elem School District: Malakoff ISD
- Midd School District: Malakoff ISD
- High School District: Malakoff ISD
- Elementary School: Malakoff
- Middle School: Malakoff
- High School: Malakoff
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Utility Description: Municipal Utilities, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,954 Sq. Ft.
- Year Built: 1965
Additional Structures
- Other Structures: RV/Boat Storage, Workshop
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Fencing (Description): Chain Link
Water Features
- Water Front Name: Cedar Creek
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: 0660.0110.0000.63
Listed by Ebby Halliday Realtors, Jodie Roden
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Schools
Schools serving 605 Tool Dr
School District:Malakoff Independent School District
| Name | Grades | Distance |
|---|---|---|
Tool Elementary School 1201 South Tool Drive, Tool, TX 75143 | PK-5 | 0.5 mi |
Malakoff Middle School 106 N Cedar, Malakoff, TX 75148 | 6-8 | 12.4 mi |
Malakoff High School 15201 Fm 3062, Malakoff, TX 75148 | 9-12 | 10.9 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 605 Tool Dr
Date
Details
Price
Change
Source
3/10/2026
Listed
$345,000
—
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 605 Tool Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,444
7%
$195,715
—
2023
$3,207
—
$195,715
10%
2023
$3,207
13%
$177,477
19%
2022
$2,844
-18%
$149,160
-6%
2021
$3,471
8%
$158,090
7%
2020
$3,201
15%
$147,780
20%
2019
$2,787
6%
$123,200
8%
2018
$2,636
2%
$114,270
2%
2017
$2,587
—
$112,160
—
2016
$2,585
—
$112,160
—
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 605 Tool Dr
605 Tool Drive, Tool, TX 75143 (MLS# 21203768) is a Single Family property with 3 bedrooms and 2 full bathrooms. 605 Tool Drive is currently listed for $345,000 and was received on March 10, 2026. Want to learn more about 605 Tool Drive? Do you have questions about finding other Single Family real estate for sale in Tool? You can browse all Tool real estate or contact a Coldwell Banker agent to request more information.

