HUGE PRICE REDUCTION - NOW $895,000! PRICED TO SELL! Don't miss this rare opportunity to own one of the best open-water properties on Cedar Creek Lake. Positioned on an irreplaceable waterfront homesite with breathtaking, water views stretching to the horizon, 113 Rim of the World Drive, Tool TX 75143 offers unmatched scenery, tremendous value, and endless possibilities. Whether you're searching for a legacy family retreat, weekend escape, investment opportunity, or the perfect location to build your dream waterfront estate, this property delivers. The existing main home and separate guest cabin provide immediate enjoyment while offering flexibility to update, expand, or design the luxury lake home you've always envisioned. With 5 bedrooms, 5 bathrooms, there's room for everyone to enjoy the lake lifestyle. Create unforgettable memories boating, fishing, swimming, and relaxing from your private boathouse, gathering around the fire pit, spectacular sunrises and shimmering open-water views. Short-term rentals are allowed, providing excellent income-producing potential for investors or those seeking additional flexibility.
The true value lies in this remarkable waterfront setting. Premium, wide-open waterfront homesites with development potential are becoming increasingly difficult to find on Cedar Creek Lake. Enjoy the property today while preserving the opportunity to create a custom luxury estate. To make this opportunity even more appealing, most furnishings are included, allowing you to begin enjoying lake life immediately after closing. This is one of the best values currently available on Cedar Creek Lake. Exceptional open-water views, a rare waterfront setting, development potential, investment flexibility, and an unbeatable price combine to create an opportunity that simply cannot be duplicated. Schedule your private showing today and discover why this extraordinary property is the perfect place to create memories that will last for generations.
For sale
Price cut: $100K (8/3)
$895,000
1113 Rim Of The World Dr, Tool, TX 75143
5beds
2,183sqft
Single Family Residence
Built in 1964
0.35 Acres Lot
$821,300 Zestimate®
$410/sqft
$8/mo HOA
What's special
Rare waterfront settingPrivate boathouseIrreplaceable waterfront homesiteSeparate guest cabinExceptional open-water viewsExisting main homeSpectacular sunrises
- 136 days
- 381
- 12
Zillow last checked:
Listing updated:
Listed by:
Debbie Schwanbeck 0603609 469-283-8656,
Fathom Realty LLC 888-455-6040
Source: NTREIS,MLS#: 21274206
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Separate Shower
- Level: First
- Dimensions: 15 x 12
Primary bedroom
- Features: En Suite Bathroom, Separate Shower
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 9 x 10
Primary bathroom
- Features: Built-in Features
- Level: First
- Dimensions: 12 x 8
Primary bathroom
- Features: Built-in Features, Solid Surface Counters, Separate Shower
- Level: First
- Dimensions: 7 x 8
Dining room
- Level: First
- Dimensions: 12 x 10
Family room
- Level: First
- Dimensions: 16 x 10
Other
- Features: Built-in Features, Garden Tub/Roman Tub, Linen Closet, Solid Surface Counters
- Level: First
- Dimensions: 11 x 8
Other
- Features: En Suite Bathroom
- Level: First
- Dimensions: 7 x 5
Half bath
- Level: First
- Dimensions: 3 x 6
Kitchen
- Features: Built-in Features, Dual Sinks, Granite Counters, Kitchen Island, Pantry
- Level: First
- Dimensions: 12 x 9
Kitchen
- Features: Built-in Features, Dual Sinks
- Level: First
- Dimensions: 9 x 6
Living room
- Features: Built-in Features, Ceiling Fan(s)
- Level: First
- Dimensions: 22 x 24
Heating
- Central, Fireplace(s), Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Granite Counters, Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
- Flooring: Carpet, Concrete, Ceramic Tile, Hardwood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Insert, Family Room, Metal, Raised Hearth, Stone, Wood Burning
Interior area
- Total interior livable area: 2,183 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Driveway, No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Front Porch, Wrap Around, Covered, Deck
- Exterior features: Awning(s), Boat Slip, Deck, Fire Pit
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Lake Front, Waterfront
Lot
- Size: 0.35 Acres
- Dimensions: 60 x 250
- Features: Landscaped, Subdivision, Sloped, Few Trees, Waterfront, Retaining Wall
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Boat House, Bunkhouse, Cabana, Guest House, Second Residence, Shed(s), Storage
- Parcel number: 45350000198063
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Fiber Cement, Wood Siding
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
- Roof: Composition,Metal
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected, Septic Available, Separate Meters, Water Available
Community & HOA
Community
- Features: Boat Facilities, Fishing, Gated, Lake
- Security: Smoke Detector(s)
- Subdivision: Westwood Beach Sub Sec 2
HOA
- Has HOA: Yes
- HOA fee: $90 annually
- HOA name: Westwood Beach Poa
- HOA phone: 936-714-2125
Location
- Region: Tool
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $475,990
- Annual tax amount: $8,625
- Date on market: 5/21/2026
- Cumulative days on market: 136 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$821,300
$780,000 - $862,000
$3,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $895,000-10.1%$410/sqft |
Source: NTREIS #21274206 Report a problem | ||
| 7/14/2026 | Price change | $995,000-13.5%$456/sqft |
Source: NTREIS #21274206 Report a problem | ||
| 6/11/2026 | Price change | $1,150,000-11.5%$527/sqft |
Source: NTREIS #21274206 Report a problem | ||
| 5/21/2026 | Listed for sale | $1,299,000$595/sqft |
Source: NTREIS #21274206 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,592 -10.4% | $475,990 |
| 2024 | $6,240 -9.1% | $475,990 +4.1% |
| 2023 | $6,868 -14.5% | $457,407 +8.2% |
| 2022 | $8,032 +4% | $422,550 |
| 2021 | $7,726 +10.1% | -- |
| 2020 | $7,015 +6.3% | -- |
| 2019 | $6,599 +13.9% | $284,210 +12.4% |
| 2018 | $5,793 +15.4% | $252,810 +1.2% |
| 2017 | $5,018 +0.1% | $249,850 |
| 2016 | $5,012 -5.1% | $249,850 |
| 2015 | $5,282 -2.2% | $249,850 |
| 2014 | $5,400 | $249,850 |
| 2013 | -- | $249,850 +35.5% |
| 2012 | -- | $184,350 |
| 2011 | -- | $184,350 |
| 2010 | -- | $184,350 +17.2% |
| 2009 | -- | $157,350 -32.5% |
| 2008 | -- | $233,040 |
| 2007 | -- | $233,040 |
| 2006 | -- | $233,040 +40.8% |
| 2005 | -- | $165,470 |
| 2004 | -- | $165,470 +2.2% |
| 2003 | -- | $161,970 +7.7% |
| 2002 | -- | $150,430 +64.9% |
| 2001 | -- | $91,210 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Tool
Nearby schools
Schools provided by the listing agent
- Elementary: Tool
- Middle: Malakoff
- High: Malakoff
- District: Malakoff ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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