Hitch drop for 3rd gen Toyota Tacoma

IMHO if you flip your hitch It will put you where you need to be.  

 I believe mine has a two inch drop also.  I added a ball that was one inch taller from Amazon.  I now tow level.  I have a 2015 T@B 320.  I also purchased a longer hitch which allows me to open the tailgate while hooked up.  I believe I got it from ETrailer.

@chuty, I use a Toyota receiver on my 2018 4Runner.  Measuring drop can be inconsistent but its approximately a 1" to 1-1/4" drop and is a perfect match with my 2021 320 Boondock.  Its Toyota p/n P1228-89445. Possibly another option to consider.  Its a very heavy duty receiver as well.

I went out and measured - bottom of the flat stock is even with the bottom of the inside of the receiver tube. The flat stock is 3/4". The top of the flat stock is 1-1/4" to the top of the inside of the receiver tube.  I'd call that 1-1/4" drop.  Plus, its a nice short receiver so less moment arm and thus doesn't add more leverage to the trailer tongue weight.  I did see one on amazon. I hope the measurements help.