tomo logo

$560,000

Beds
3
Baths
2.0
sq ft
1,263

114 Wood Crest Dr, Tool, TX 75143

114 Wood Crest Dr

Tool, TX 75143

  • 30 days on market
Your Dream Lakefront Escape Awaits! Welcome to your perfect getaway on Cedar Creek Lake! This newly renovated 1,236 sq. ft. lake house is truly a fishing and boating lover’s dream—but it doesn’t stop there. Situated right on a peaceful canal with your very own boat slip, this property offers endless opportunities to enjoy the lake lifestyle. Why You’ll Love This Home? Huge Deck to sip your coffee in the mornings or enjoy sunset dinners. Warm up by the floor-to-ceiling fireplace, creating the perfect cozy atmosphere. A modernized kitchen that combines functionality and charm—ideal for entertaining guests. Comes with two additional lots, giving you extra space to expand, play, or simply enjoy the privacy. Whether you’re a retiree seeking serenity, a small family chasing lake memories, or an Airbnb host looking for the ultimate rental property, this home delivers incredible value. Imagine lazy weekends fishing off your deck, dinner parties by the fire, or hours of boating adventures straight from your own dock. Your escape from the city life has never been this easy—or this beautiful. Here’s the cherry on top—the seller is contributing 2% of the purchase toward your interest rate or closing costs. Now that’s a deal to make this place even sweeter! Opportunities like this don’t come around often. Schedule a viewing today and feel the pull of Cedar Creek Lake living! Contact us now to make this lakefront gem yours.

Details

Property type

Single Family Residence

Est. home value

$574,327

Lot size

0.67 acres

Price per sq ft

$444

Year built

1975

Annual property taxes

$8,219

Monthly HOA fee

$10.42

Price History

01/24/2025
NTREIS

NTREIS #20808598

Listed
$560,000
12/18/2024
NTREIS

NTREIS #20565706

Removed
09/06/2024
NTREIS

NTREIS #20565706

Price change
$560,000
-2.61%

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

Community features: 

Fishing, Lake

School district: 

Malakoff ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$99,302
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$415,898
Cash to seller
$99,302

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sfmc Lp

Loan start date

May 2022

Original loan amount

$434,608

Est. remaining balance

$415,898

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Ashley Renee Purvis and Jeremiah Michael Johnson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

NTREIS
$525,000
3 bd
|
2 ba
|
2,609 sq ft
|
House

113 Springwood Rd, Enchanted Oaks, TX 75156

NTREIS
$575,000
3 bd
|
2 ba
|
1,342 sq ft
|
House

145 Evergreen Dr, Gun Barrel City, TX 75156

NTREIS
$614,500
3 bd
|
2 ba
|
1,632 sq ft
|
House

124 Peninsula Point Ter, Mabank, TX 75156

Status: Active

Tomo last checked: 02/23/2025 at 9:20 PM

Listing updated: 02/16/2025 at 3:07 PM

Listed by: Kenneth Gilbert, Capital Asset Advisors Phone #: (972) 351-6539

MLS: NTREIS #20808598

NTREIS logo

Recently listed in Tool

$495,000|4 bd|4.0 ba|House
$335,000|3 bd|2.0 ba|House
$284,999|4 bd|2.0 ba|House
$299,999|3 bd|2.0 ba|House
$425,000|3 bd|2.0 ba|House
$469,000|3 bd|2.0 ba|House
$745,000|4 bd|4.0 ba|House
$264,900|3 bd|3.0 ba|House
$770,000|3 bd|2.0 ba|House