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Sold on 06/09/2017

1305 N Tool Dr, Tool, TX 75143

$499,000

Last sold 06/09/2017 after 505 Days

  • —

    bed

  • —

    bath

Commercial not for sale
Learn about Tool's top local Real Estate agents

About 1305 N Tool Dr

Property type Commercial
Neighborhood
Year built 2008
HOA fee $0/month
Lot size 0.63 Acre
Property description
The Ranch Suites Resort (The Ranch), a boutique Motel at Cedar Creek Lake in Tool Texas, with a turn-key operation & positive cash flow. The Ranch offers 13 suites style rooms, 2 motel style, 2 detached suites with yard (duplex), 1 detached luxury suite, 1 management suite with attached 2 car garage & motel office. The Ranch has community room for entertaining or private billable functions. Updates have been made to rooms, including furnishings.
Listed by
Listing Agent - Philip Hobson
Listing Office - Berkshire HathawayHS PenFed TX
Source: NTREIS mls logo
MLS#13305200 • last updated 9 years ago
Movoto checked NTREIS for data 3 minutes ago
Overview
SubType COM-Sale
Year Built 2008
Exterior
Roof Metal
Foundation Slab
Parking Open
Amenities / Utilities
Security Features Smoke Detector
Location
Subdivision Royal Oaks Sec 1
County Henderson
Area HENDERSON COUNTY (42)
Directions From Dallas, Go I-75 South To I-45, Then Hwy 175 S. Stay On Hwy 175 To Kemp TX (Hwy 274). Exit Hwy 274, Go 12 Miles To Tool. Motel On LEFT.
APN 39950001001063
We are not permitted to show value estimates for this property.
  • May 2017
    mls logo MLS # 13305200
  • May 8, 2017 Pending
    —
  • May 5, 2017 Active Option Contract
    —
  • Oct 29, 2016 Price Change
    $499,000 (-5.7%)
  • May 11, 2016 Price Change
    $529,000 (-7.0%)
  • Mar 18, 2016 Price Change
    $569,000 (-3.4%)
  • Jan 21, 2016 Listed
    $589,000
  • Dec 2011
    mls logo MLS # 11510288
  • Dec 29, 2011 Expired
    —
  • Year Property taxes Tax assessment
  • 2023
    $12,130 -38.2%
    $689,175 -0.26%
  • 2022
    $19,613 +29.3%
    $690,990
  • 2021
    $15,173 +10.8%
    $690,990 +14.18%
  • 2020
    $13,688
    $605,160
  • 1305 N Tool Dr
    $499K
  • Royal Oaks Sec 01
    —
  • 75143
    $367K -13% y/y
  • Tool
    $325K -27% y/y
No chart available
Statistics calculated by Movoto

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4/10
Malakoff High School
public Grades 9-12
Malakoff Independent School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Royal Oaks Sec 01

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