Discover a fantastic lakeside retreat at 201 Waikiki Trail in the charming community of Tool, Texas. Nestled near the beautiful shores of Cedar Creek Lake, this wonderful three bedroom and two bathroom home offers the perfect setting for relaxing weekends or year round living. The spacious residence features a welcoming great room that is perfect for gathering after a day out on the water. A thoughtfully designed layout provides plenty of privacy, while the attached two car garage offers ample storage for vehicles and gear. What truly sets this listing apart is the extraordinary outdoor space. The sale includes two additional adjacent lots, giving you an incredibly rare and expansive footprint. This unparalleled space gives you the freedom to add a sprawling guest house for extended family, construct a lucrative short term rental property, or design an incredible outdoor oasis complete with a custom pool, outdoor kitchen, and a large workshop for all your lake toys. Alternatively, you can simply hold onto the extra land as a valuable investment in a highly sought after lake community. You will also enjoy excellent access to Cedar Creek Lake through the neighborhood community boat dock. Skip the crowded public marinas and easily launch into your weekend adventures, whether that means early morning fishing, afternoon wakeboarding, or simply watching spectacular Texas sunsets from the water. Located just over an hour from the Dallas and Fort Worth metroplex, this property offers the perfect balance of a quiet getaway and accessible convenience. Properties offering this unique combination of a comfortable existing home, community water access, and expansive acreage are incredibly rare. Bring your boat and start enjoying the ultimate lake lifestyle today!
For sale
Price cut: $15K (10/2)
$145,000
201 Waikiki Trl, Tool, TX 75143
3beds
1,257sqft
Single Family Residence
Built in 1990
8,755 Square Feet Lot
$-- Zestimate®
$115/sqft
$-- HOA
What's special
Extraordinary outdoor spaceWelcoming great roomSpacious residenceComfortable existing homeAttached two car garageTwo additional adjacent lots
- 35 days
- 228
- 1
Zillow last checked:
Listing updated:
Listed by:
Kam Dalawy 0841897 727-888-4175,
Dalton Wade, Inc. 727-888-4175
Source: NTREIS,MLS#: 21377835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Appliances
- Included: Electric Oven
Features
- Pantry
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,257 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,755 Square Feet
Details
- Parcel number: 37450000A55063
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Paradise Bay
HOA
- Has HOA: No
Location
- Region: Tool
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $161,364
- Annual tax amount: $2,924
- Date on market: 9/3/2026
- Cumulative days on market: 36 days
Estimated market value
Not available
Estimated sales range
Not available
$1,886/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $145,000-9.4%$115/sqft |
Source: NTREIS #21377835 Report a problem | ||
| 9/3/2026 | Price change | $160,000+300%$127/sqft |
Source: NTREIS #21377835 Report a problem | ||
| 7/14/2026 | Pending sale | $40,000$32/sqft |
Source: NTREIS #21266186 Report a problem | ||
| 6/18/2026 | Price change | $40,000-33.3%$32/sqft |
Source: NTREIS #21266186 Report a problem | ||
| 5/10/2026 | Listed for sale | $60,000-52%$48/sqft |
Source: NTREIS #21266186 Report a problem | ||
| 8/13/2024 | Listing removed | -- |
Source: NTREIS #20600055 Report a problem | ||
| 5/6/2024 | Price change | $125,000-13.8%$99/sqft |
Source: NTREIS #20600055 Report a problem | ||
| 4/27/2024 | Listed for sale | $145,000+70.6%$115/sqft |
Source: NTREIS #20600055 Report a problem | ||
| 4/1/2020 | Listing removed | $85,000$68/sqft |
Source: Johnson Monroe, Realtors #89688 Report a problem | ||
| 1/29/2020 | Listed for sale | $85,000$68/sqft |
Source: JOHNSON/MONROE REALTORS #89688 Report a problem | ||
| 1/24/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 11/16/2019 | Pending sale | $85,000-19%$68/sqft |
Source: JOHNSON/MONROE REALTORS #89682 Report a problem | ||
| 10/2/2019 | Price change | $105,000+10.5%$84/sqft |
Source: OmniKey Realty, LLC. #14123687 Report a problem | ||
| 8/24/2019 | Price change | $95,000-5%$76/sqft |
Source: OmniKey Realty, LLC. #14123687 Report a problem | ||
| 8/13/2019 | Price change | $100,000-16.7%$80/sqft |
Source: OmniKey Realty, LLC. #14123687 Report a problem | ||
| 8/10/2019 | Price change | $120,000-4%$95/sqft |
Source: OmniKey Realty, LLC. #14123687 Report a problem | ||
| 6/24/2019 | Listed for sale | $125,000-3.8%$99/sqft |
Source: OmniKey Realty, LLC. #14123687 Report a problem | ||
| 5/9/2018 | Listing removed | $129,900$103/sqft |
Source: ROUND UP REALTY #84077 Report a problem | ||
| 4/27/2018 | Price change | $129,900+4%$103/sqft |
Source: ROUND UP REALTY #84077 Report a problem | ||
| 3/22/2018 | Price change | $124,8990%$99/sqft |
Source: Round Up Realtym, LLC #13767280 Report a problem | ||
| 2/16/2018 | Price change | $124,900-3.8%$99/sqft |
Source: Round Up Realty #13767280 Report a problem | ||
| 1/29/2018 | Listed for sale | $129,900+40.4%$103/sqft |
Source: Keller Williams Realty #13765628 Report a problem | ||
| 12/5/2017 | Listing removed | $92,500$74/sqft |
Source: Round Up Realty #13700872 Report a problem | ||
| 9/28/2017 | Pending sale | $92,500$74/sqft |
Source: Round Up Realty #13700872 Report a problem | ||
| 9/28/2017 | Listed for sale | $92,500$74/sqft |
Source: Round Up Realty #13700872 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,924 +3.1% | $161,364 +0.1% |
| 2024 | $2,836 +6.8% | $161,168 +9.7% |
| 2023 | $2,656 +23.7% | $146,984 +30.5% |
| 2022 | $2,148 +7% | $112,630 |
| 2021 | $2,008 +29.5% | -- |
| 2020 | $1,551 +29.3% | -- |
| 2019 | $1,199 +4.6% | $51,330 +3.2% |
| 2018 | $1,147 +1.9% | $49,720 +1.9% |
| 2017 | $1,125 +0.1% | $48,780 |
| 2016 | $1,124 +2% | $48,780 |
| 2015 | $1,102 | $48,780 |
| 2014 | $1,102 | $48,780 |
| 2013 | -- | $48,780 -1.2% |
| 2012 | -- | $49,350 |
| 2011 | -- | $49,350 |
| 2010 | -- | $49,350 -17.6% |
| 2009 | -- | $59,910 +39.6% |
| 2008 | -- | $42,930 -23.1% |
| 2007 | -- | $55,810 |
| 2006 | -- | $55,810 +6.3% |
| 2005 | -- | $52,490 +3.6% |
| 2004 | -- | $50,690 +1.6% |
| 2003 | -- | $49,870 +9.7% |
| 2002 | -- | $45,440 -2.2% |
| 2001 | -- | $46,470 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Tool
Nearby schools
Schools provided by the listing agent
- Elementary: Malakoff
- 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.





