1305 N Tool Drive $1,250,000


    1305 N Tool Drive Tool, TX 75143

    • 0.63 Acres
    • Commercial
    • MLS# 14307982
    Favorite Share
    Views: 212

    Go Tour This Home

    Schedule A Showing

    Property Details

    Description Tours

    Fantastic! Highest rated hotel motel in Cedar Creek area with room to expand! Occupancy unaffected by Covid 19. Highly Profitable and updated with weekly and daily rates. Property is extremely well maintained and includes 17 Units. 10 suites include, queen bed, fold out, full size kitchen, and living area. 4 suites include, 2 beds, full size kitchen and living area. 2 Studios include, queen bed, mini fridge, microwave, and coffee maker. 1 Manager Suite with private garage, full size kitchen, laundry, living area and backyard. Full time manager can stay or leave with sale. Extremely high occupancy rate with long term and repeat guests. Awarded Best Hotel of 2019 and 2020! Business Hall Of Fame for 2 years!

    • General Features
      • County Or Parish Henderson
      • Financing Proposed Cash,Conventional
      • Possession Closing/Funding
      • Property Sub Type COM-Sale
      • Property Type Commercial
      • SQFT Building 12508
      • SQFT Gross 12508
      • SQFT Leasable 12508
      • Subdivision Name Royal Oaks Sec 01
      • Unexempt Taxes $8,211
      • Utilities City Sewer, City Water
      • Year Built 2008
      • Year Built Details Preowned
    • Building Features
      • Building Area Source Owner
      • Building Use Hotel/Motel
      • Ceiling Height 8 to10 Feet
      • Construction Materials Walls Texture
      • Flooring Carpet,Concrete,Vinyl
      • Foundation Details Slab
      • Heating Other,Window Unit
      • Number Of Leaseable Spaces 17
      • Number Of Stories 1
      • Number Of Units 17
      • Parking Features Assigned Spaces,Common Lot
      • Roof Metal
    • Property Features
      • Lot Number 5
      • Lot Size .5 Acre to .99 Acre
      • Lot Size Area 0.630
      • Lot Size Area SQFT 27442.80
      • Lot Size Source Tax
      • Lot Size Units Acres
    • Additional Features
      • Tax Legal Description ACRES: 0.630 AB 360 G HANCOCK SUR ROYAL OAKS
      • Business Name The Ranch Suites
      • Commercial Features Computer Ready,Inside Storage,Living Areas,Security Lighting,Telephone
      • Occupancy Tenant
      • Occupancy Rate 90


    Williams Trew Customer Care

    Williams Trew Customer Care


    Williams Trew - Camp Bowie

    Office: 817-862-4450
    • Prosperity Home Mortgage


    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment
    *This Payment Calculator is intended for educational and planning purposes only.
    **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

    Max Klinedinst

    Max Klinedinst Mortgage Consultant

    When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.

    Testimonial Tree Testimonials

    Sherry Carson

    Sherry Carson Insurance Agent

    Home Team Insurance is an independent agency that operates through a network of offices located throughout the North Texas area. As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more. We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs. As an affiliate of Ebby Halliday, Dave Perry-Miller Real Estate and Williams Trew Real Estate we work hand-in-hand with our real estate, lending, and title partners to obtain the coverage you need when buying a home.

    Testimonial Tree Testimonials

    ©2021 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.