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5
beds
4
baths
1
half bath
4,100
square ft

311 Oak Lane
Tool, Texas 75143

Closed / MLS #20952405 / Single Family / Tool
Listing information updated 10/1/2025 at 12:25pm
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!
Beds Above Grade:
5
Cooling System:
Ceiling Fan(s), Central Air, Electric
Heating System:
Central, Electric
Main Level Primary Bedroom:
No
Fireplace:
No
Pool:
No
Age:
49 Years
Roof Type:
Composition
Parking Type:
Garage
Water Front:
Yes
Water Features:
Canal (Man Made), Dock - Uncovered, Lake Front
Square Feet:
4,100
Lot Size:
3 to < 5 Acres
Acreage:
3.1390
Internal Features:
Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
External Features:
Balcony, Covered Deck, Covered Patio/Porch, Dock, Fire Pit, Outdoor Grill, RV/Boat Parking, Storage
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
75143
City:
Tool
County:
Henderson
School District(s):
Mabank ISD
Elementary School:
Southside
Middle School:
N/A
High School:
Mabank

Listing Agent: Evan Downey

Listing Office: EXP REALTY

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of North Texas Real Estate Information Service. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed accurate by the MLS or NTREIS.

$465,395
Average Sale Price
125
Average Days On The Market
91%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 311 Oak Lane, Tool, TX 75143

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311 Oak Lane, Tool, TX 75143 is a single family home which sold for . 311 Oak Lane features 5 Beds, 4 Baths, 1 Half Bath. This single family home has been listed on Christie’s International Real Estate @properties lone star since May 30th, 2025 and was built in 1976. Nearby schools include Southside and Mabank.