311 OAK LANE, TOOL, TX 75143
Homes for sale in Tool.
Homes for sale in 75143.
311 Oak Lane
Tool, TX 75143
List Price$725,000
Listing #20952405
5
Bedrooms
4 full, 1 partial
Bathrooms
4,100
Square Feet
House
Type
About This Property
Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! The largest property in the highly sought out Arnold Hills Subdivision is now for sale! 12 LOTS (52-63) on a little over 3 acres with access to Cedar Creek Lake with a voluntary HOA. You could easily build 2 other cash flowing STRs on this property. Large, FULLY remodeled is perfect for a family retreat or a vacation home - sleeping 15. Furnishings are negotiable to make investment turnkey. Beautiful engineered hardwoods, modern finishes, custom furniture, ample entertainment space, and an open floor plan are perfect for getting away. Amazing lake views from the back balconies, oversized 3 car garage workshop with electric, and a dock. The canal needs some dirt work to utilize the dock. Check out the transaction desk for a list of updates. Any investor wanting an almost 8 percent CAP rate and lake getaway, this is your best bet!
Property Features
Location Information
County
Henderson
Subdivision
Arnold Hills Sub
Interior Features
Rooms
First Floor Game Room, Second Floor Living Room, First Floor Media Room, First Floor Primary Bedroom, Second Floor Primary Bedroom
Has Fireplace
No
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Wired for Sound
Number of Fireplaces
0
Master Bedroom Description
0 x 0
Heating
Central, Electric
Full Baths
4
Cooling
Central Air, Ceiling Fan(s), Electric
1/2 Baths
1
Floors
Tile, Wood
Living Room Description
0 x 0
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator
Exterior Features
Style
Detached
Lot Size in Acres
3.139
Stories
2
Lot Size in Sq. Ft.
136,734
Exterior
Balcony, Deck, Dock, Fire Pit, Outdoor Grill, Storage
Road Description
All Weather Road
Foundation
Slab
Waterfront Description
Boat Dock/Slip, Canal Access, Lake Front, Waterfront
Roof
Composition
Has Waterfront
Yes
Parking Description
Garage, Boat, RV Access/Parking
Has View
Yes
Garage Spaces
0
View Description
Water
Patio / Deck Description
Balcony, Covered, Deck
Is One Story
No
Pool Description
None
Lot Description
Many Trees, Subdivision, Waterfront, Boat Dock/Slip, Canal Access, Lake Front, Waterfront
Lot Description
Many Trees, Subdivision, Waterfront
School
Elementary School District
Mabank ISD
High School
Mabank
Elementary School
Southside
Additional Information
Property Type
SFR
Year Built
1976
Property SubType 2
House
Status
Closed
Property SubType
Single Family Residence
Has a Home Owners Association
No
Similar Listings
Schools
Walk Score
Seller's Representative
Evan Downey
EXP REALTY
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NTREIS - North Texas data last updated at May 8, 2026, 9:36 AM CT
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