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!
Sold
Price Unknown
311 Oak Ln, Tool, TX 75143
5beds
4,100sqft
Single Family Residence
Built in 1976
3.14 Acres Lot
$652,100 Zestimate®
$--/sqft
$4,652 Estimated rent
Home value
$652,100
$548,000 - $776,000
$4,652/mo
Zestimate® history
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Modern finishesOpen floor planCustom furnitureEngineered hardwoodsAmple entertainment space
Zillow last checked:
Listing updated:
Listed by:
Evan Downey 0677914 214-997-4929,
EXP REALTY 888-519-7431
Bought with:
Nina Perry
AZURE SKY REALTY, LLC
Source: NTREIS,MLS#: 20952405
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Primary bedroom
- Level: Second
- Dimensions: 0 x 0
Game room
- Level: First
- Dimensions: 0 x 0
Living room
- Level: Second
- Dimensions: 0 x 0
Media room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Disposal, Refrigerator
Features
- 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
- Flooring: Tile, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 4,100 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Boat, RV Access/Parking
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Deck
- Exterior features: Balcony, Deck, Dock, Fire Pit, Outdoor Grill, Storage
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Dock/Slip, Canal Access, Lake Front, Waterfront
Lot
- Size: 3.14 Acres
- Features: Many Trees, Subdivision, Waterfront
Details
- Parcel number: 20300007053054
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Connected, Sewer Available, Cable Available
Community & neighborhood
Location
- Region: Tool
- Subdivision: Arnold Hills Sub
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | -- |
Source: NTREIS #20952405 Report a problem | ||
| 8/29/2025 | Pending sale | $725,000$177/sqft |
Source: NTREIS #20952405 Report a problem | ||
| 7/11/2025 | Price change | $725,000-3.3%$177/sqft |
Source: NTREIS #20952405 Report a problem | ||
| 6/17/2025 | Listed for sale | $750,000$183/sqft |
Source: NTREIS #20952405 Report a problem | ||
| 6/16/2025 | Contingent | $750,000$183/sqft |
Source: NTREIS #20952405 Report a problem | ||
| 5/30/2025 | Listed for sale | $750,000$183/sqft |
Source: NTREIS #20952405 Report a problem | ||
| 4/12/2025 | Listing removed | $750,000$183/sqft |
Source: NTREIS #20768073 Report a problem | ||
| 1/17/2025 | Price change | $750,000-6.3%$183/sqft |
Source: NTREIS #20768073 Report a problem | ||
| 11/8/2024 | Listed for sale | $800,000-11%$195/sqft |
Source: NTREIS #20768073 Report a problem | ||
| 6/25/2024 | Listing removed | $899,000$219/sqft |
Source: NTREIS #20486033 Report a problem | ||
| 2/22/2024 | Price change | $899,000-5.4%$219/sqft |
Source: NTREIS #20486033 Report a problem | ||
| 12/4/2023 | Listed for sale | $950,000-4.5%$232/sqft |
Source: NTREIS #20486033 Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: NTREIS #20112380 Report a problem | ||
| 11/21/2022 | Listing removed | $995,000$243/sqft |
Source: NTREIS #20112380 Report a problem | ||
| 8/31/2022 | Price change | $995,000-11.9%$243/sqft |
Source: NTREIS #20112380 Report a problem | ||
| 8/15/2022 | Price change | $1,130,000-5.8%$276/sqft |
Source: NTREIS #20112380 Report a problem | ||
| 7/13/2022 | Listed for sale | $1,200,000+145.4%$293/sqft |
Source: NTREIS #20112380 Report a problem | ||
| 6/25/2021 | Sold | -- |
Source: eXp Realty #163051008 Report a problem | ||
| 6/5/2021 | Pending sale | $489,000$119/sqft |
Source: NTREIS #14578511 Report a problem | ||
| 5/18/2021 | Listed for sale | $489,000+112.6%$119/sqft |
Source: NTREIS #14578511 Report a problem | ||
| 3/16/2016 | Listing removed | $230,000$56/sqft |
Source: Branding Iron Realty #77512 Report a problem | ||
| 10/27/2015 | Price change | $230,000-17.9%$56/sqft |
Source: Branding Iron Realty #13246584 Report a problem | ||
| 9/24/2015 | Listed for sale | $280,000$68/sqft |
Source: Branding Iron Realty #13246584 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,164 +27.4% | $465,181 +20% |
| 2024 | $3,267 +4% | $387,651 +6.4% |
| 2023 | $3,142 +23.7% | $364,355 +15.1% |
| 2022 | $2,540 +0.7% | $316,520 |
| 2021 | $2,521 | -- |
| 2020 | -- | -- |
| 2019 | -- | $193,670 +14.3% |
| 2018 | -- | $169,420 +1.9% |
| 2017 | -- | $166,310 |
| 2016 | $3,198 -0.8% | $166,310 |
| 2015 | $3,225 -4.1% | $166,310 |
| 2014 | $3,362 | $166,310 |
| 2013 | -- | $166,310 |
| 2012 | -- | $166,310 |
| 2011 | -- | $166,310 +0% |
| 2010 | -- | $166,300 |
| 2009 | -- | $166,300 -19.9% |
| 2008 | -- | $207,570 |
| 2007 | -- | $207,570 |
| 2006 | -- | $207,570 +7.9% |
| 2005 | -- | $192,390 |
| 2004 | -- | $192,390 0% |
| 2003 | -- | $192,400 +22.4% |
| 2002 | -- | $157,190 +13.6% |
| 2001 | -- | $138,350 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Neighborhood: Tool
Nearby schools
GreatSchools rating
- 7/10Lakeview Elementary SchoolGrades: PK-4Distance: 3.1 mi
- 6/10Mabank Junior High SchoolGrades: 7-8Distance: 5.9 mi
- 6/10Mabank High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Southside
- High: Mabank
- District: Mabank ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$652,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$652,100
- Texas
- Henderson County
- Kemp
- 75143
- Tool
- 311 Oak Ln
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