Home prices
Tool's median home cost is $104,300. Compared to other places in this area this is approximately $25,060 (19%) lower.Compared to the rest of the country it is approximately $113,200 (52%) lower, and compared to the city of Dallas it is roughly $83,800 (44%) lower.
Rents
Tool's median monthly rent is $1,002. In comparison to nearby areas it is approximately $135 (15%) higher.Compared to the entire country it is approximately $60 (5%) lower, and it is approximately $50 (4%) lower in comparison to the city of Dallas.
Nearby places
Seven Points
Seven Points is Tool's neighbor to the northwest. Housing prices there are substantially less expensive. The median home in Seven Points costs $71,600, which works out to $32,700 (45%) lower than Tool. Its rents are significantly less expensive. The median monthly rent in Seven Points is $715, which works out to $287 (40%) lower than Tool.
Enchanted Oaks
Enchanted Oaks is approximately 3 miles east from Tool. The housing prices there are substantially more expensive. The median home in Enchanted Oaks costs $237,500, which works out to $133,200 (56%) higher than Tool. Its rents are somewhat more expensive. Enchanted Oaks's median rent is $1,167 per month, which is $165 (14%) higher than Tool.
Gun Barrel City
Gun Barrel City is about 4 miles northeast from Tool. The housing prices there are a little more expensive. The cost of the median home in Gun Barrel City is $122,100, which comes out to $17,800 (14%) higher than Tool. The rent there is substantially less expensive. Gun Barrel City's median monthly rent is $709, which works out to $293 (41%) lower than Tool.
Payne Springs
Payne Springs is approximately 4 miles east of Tool. The real estate prices there are pretty similar. The median home in Payne Springs is valued at $107,000, which is $2,700 (2%) higher than Tool. The rent there is fairly similar. In Payne Springs the median monthly rent is $967, which works out to $35 (3%) lower than Tool.
Mabank
Mabank is approximately 7 miles northeast of Tool. Real estate prices there are pretty similar. The median home in Mabank is valued at $108,600, which is $4,300 (3%) higher than Tool. Rents there are a little less expensive. Mabank's median rent is $775 a month, which comes out to $227 (29%) lower than Tool.
