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Foreclosures in Tool, TX

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Tool, TX Foreclosures

How much do homes sell for in Tool, TX?
The average home price is currently $337,107.
In Tool, TX, how many homes are available?
There are currently 1 active home listings available in Tool.
What’s the average rental cost in Tool, TX?
The average rental price in Tool is $1,241.
What is the most expensive home in Tool?
The most expensive home sold in Tool had a price of $3,478,374.
What is currently the cheapest priced home in Tool, TX?
The cheapest home for sale in Tool is priced at $11,223.

Living in Tool, TX

Tool, TX, is a charming lakeside community known for its friendly atmosphere and outdoor recreational activities. Situated by Cedar Creek Lake, it offers beautiful waterfront living alongside quality schools and local amenities. With a peaceful setting, Tool is perfect for families and retirees seeking a slower pace of life.

Current Market Conditions in Tool, TX

Tool's real estate market has shown resilience over the past year, with a notable increase in demand as more families and retirees seek the tranquility of lakeside living. Home prices have stabilized, making it a competitive market where buyers are motivated to secure properties close to the lake.

The current real estate trends suggest a shift towards more modern homes, as new constructions are emerging to meet the growing demand for comfortable living spaces in this peaceful community.

Home Value Estimator For Tool, TX

There are currently 2,510 real estate properties in Tool, TX, with a median automated valuation model (AVM) price of $226,588.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tool, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Tool, TX, is $337,107.00, with the most expensive house in Tool, TX, topping out at $3,478,374.00 and the cheapest home in Tool, TX, clocking in at $11,223.00. In other words, there’s something for every potential homebuyer or savvy investor in Tool, TX!

Rent Prices In Tool, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tool, TX, is on a rollercoaster ride. The average rent price in Tool, TX, is $1,241.00. Indeed, when looking to rent in Tool, TX, you can expect to pay as little as $600.00 or as much as $3,600.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Tool, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Tool, TX Foreclosures


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