This commercial property offers a unique opportunity for investors or business owners seeking versatile property. Comprising two separate units, it is designed to accommodate various business types, making it suitable for retail offices or mixed-use. Selling As Is.
Great property located in close proximity to all that Cedar Creek Lake has to offer. This flourishing community is ready for you! Property is currently zoned AG by City of Tool. The property was once an RV Park with small laundromat, water and electric hook ups. Per the City of Tool to reinstate it, a business plan and presentation can be taken to the City of Tool and a variance can be applied for. All uses for property can be found on the City of Tool website under ordinances, Appendix A, schedule of Uses.
The median home value in Tool, TX is $269,400. This is higher than the county median home value of $256,000. The national median home value is $338,100. The average price of homes sold in Tool, TX is $269,400. Approximately 51.45% of Tool homes are owned, compared to 12.98% rented, while 35.58% are vacant. Tool real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tool real estate agent to arrange a tour today!
Tool, Texas has a population of 2,778. Tool is less family-centric than the surrounding county with 9.38% of the households containing married families with children. The county average for households married with children is 25.47%.
The median household income in Tool, Texas is $57,917. The median household income for the surrounding county is $51,963 compared to the national median of $69,021. The median age of people living in Tool is 46.1 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 34.9 degrees. The average rainfall is approximately 40.6 inches per year, with 0.3 inches of snow per year.