Perfectly positioned just off of open water, this charming 1,500 square foot lake home offers wide open water views year-round, the ideal blend of relaxed lakeside living and, convenient access to everything the area has to offer. This beautifully updated waterfront retreat is located in the highly sought-after Arnold Hills community on Cedar Creek Lake. Inside, you’ll find an inviting and thoughtfully refreshed interior featuring fresh paint, new carpet upstairs, and a spacious open-concept living area anchored by a cozy brick fireplace. The stylish galley kitchen showcases shaker cabinetry and leathered granite countertops, creating a functional and attractive space for everyday living or entertaining. With two primary suites—each offering stunning water views—this home is perfectly suited for hosting guests or multigenerational living. Step outside to experience true lakefront living. Enjoy year-round relaxation on the screened porch or entertain with ease on the expansive wood deck overlooking the water. The private boathouse with party deck invites endless days of boating, fishing, and sunset gatherings, while the shaded yard with mature trees enhances the tranquil setting. Located in the desirable Arnold Hills neighborhood, residents benefit from a welcoming lakeside community known for its friendliness, charm and accessibility. Just minutes away, the vibrant dining and entertainment scenes of Tool and Seven Points offer a variety of local restaurants, marinas, and nightlife, making it easy to enjoy the best of Cedar Creek Lake living both on and off the water. Whether you’re searching for a weekend getaway or a full-time residence, this lake home delivers an exceptional opportunity to own a slice of waterfront paradise in one of the lake’s most desirable communities.
For sale
Price cut: $51K (6/17)
$499,000
316 Oak Ln, Tool, TX 75143
2beds
1,500sqft
Single Family Residence
Built in 1989
10,628 Square Feet Lot
$-- Zestimate®
$333/sqft
$10/mo HOA
What's special
Cozy brick fireplaceFresh paintNew carpet upstairsTwo primary suitesLeathered granite countertopsStylish galley kitchenShaker cabinetry
- 90 days |
- 589 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Janice Haney 0537532 903-340-8590,
Ebby Halliday Realtors 903-340-8590
Source: NTREIS,MLS#: 21228057
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: Second
- Dimensions: 1 x 1
Dining room
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Dryer Hookup, ElectricDryer Hookup
Features
- Granite Counters, High Speed Internet, Open Floorplan, Other, Cable TV
- Flooring: Carpet, Laminate
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Masonry, Wood Burning
Interior area
- Total interior livable area: 1,500 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport, Driveway, Garage Faces Front, Garage, Garage Door Opener
- Attached garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Levels: One and One Half
- Patio & porch: Deck, Front Porch, Screened, Covered
- Exterior features: Boat Slip, Rain Gutters
- Pool features: None
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Cedar Creek
Lot
- Size: 10,628 Square Feet
- Dimensions: 60 x 164 x 70 x 164
- Features: Cul-De-Sac, Subdivision, Sloped, Sprinkler System, Few Trees, Waterfront, Retaining Wall
Details
- Parcel number: 2030.0007.0450.54
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1989
Utilities & green energy
- Utilities for property: Electricity Connected, Municipal Utilities, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Boat Facilities, Park, Pickleball
- Subdivision: Arnold Hills
HOA
- Has HOA: Yes
- Services included: All Facilities
- HOA fee: $125 annually
- HOA name: None
- HOA phone: 999-999-9999
Location
- Region: Tool
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $611,404
- Date on market: 4/3/2026
- Cumulative days on market: 382 days
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $499,000-9.3%$333/sqft |
Source: NTREIS #21228057 Report a problem | ||
| 4/26/2026 | Price change | $550,000-4.3%$367/sqft |
Source: NTREIS #21228057 Report a problem | ||
| 4/3/2026 | Listed for sale | $575,000-4%$383/sqft |
Source: NTREIS #21228057 Report a problem | ||
| 3/30/2026 | Listing removed | $599,000$399/sqft |
Source: Henderson County BOR #108724 Report a problem | ||
| 7/16/2025 | Price change | $599,000-3.2%$399/sqft |
Source: Henderson County BOR #108724 Report a problem | ||
| 5/5/2025 | Listed for sale | $619,000+76.9%$413/sqft |
Source: Henderson County BOR #108724 Report a problem | ||
| 5/23/2018 | Listing removed | $350,000$233/sqft |
Source: McAtee Realty Of Gun Barrel TX #13814906 Report a problem | ||
| 5/23/2018 | Listed for sale | $350,000$233/sqft |
Source: McAtee Realty Of Gun Barrel TX #13814906 Report a problem | ||
| 5/21/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/29/2018 | Pending sale | $350,000$233/sqft |
Source: MCATEE REALTY,GUN BARREL CITY #84750 Report a problem | ||
| 4/23/2018 | Price change | $350,000+9.7%$233/sqft |
Source: MCATEE REALTY,GUN BARREL CITY #84750 Report a problem | ||
| 4/10/2018 | Listed for sale | $319,000$213/sqft |
Source: MCATEE REALTY,GUN BARREL CITY #84750 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $611,404 +0.1% |
| 2024 | $5,148 +2.3% | $610,777 +4.7% |
| 2023 | $5,032 +15.6% | $583,485 +7.6% |
| 2022 | $4,353 -49.6% | $542,450 |
| 2021 | $8,637 +100.3% | -- |
| 2020 | $4,312 -51.5% | -- |
| 2019 | $8,884 +97.6% | $355,120 +80.5% |
| 2018 | $4,497 +1.3% | $196,760 +1.3% |
| 2017 | $4,437 +0.1% | $194,320 |
| 2016 | $4,432 +0.6% | $194,320 |
| 2015 | $4,406 -3% | $194,320 |
| 2014 | $4,545 | $194,320 |
| 2013 | -- | $194,320 |
| 2012 | -- | $194,320 |
| 2011 | -- | $194,320 |
| 2010 | -- | $194,320 |
| 2009 | -- | $194,320 +26.3% |
| 2008 | -- | $153,870 |
| 2007 | -- | $153,870 -1.6% |
| 2006 | -- | $156,400 +6.8% |
| 2005 | -- | $146,410 +9.1% |
| 2004 | -- | $134,220 +0.1% |
| 2003 | -- | $134,110 +11.9% |
| 2002 | -- | $119,890 +10% |
| 2001 | -- | $108,990 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Tool
Nearby schools
GreatSchools rating
- 7/10Lakeview Elementary SchoolGrades: PK-4Distance: 3.1 mi
- 6/10Mabank Junior High SchoolGrades: 7-8Distance: 6 mi
- 6/10Mabank High SchoolGrades: 9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Lakeview
- Middle: Mabank
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Henderson County
- Kemp
- 75143
- Tool
- 316 Oak Ln
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