311 Oak Lane, Tool, TX 75143

Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
311 Oak Lane,Tool, TX 75143
$725,000
  • 5 Beds
  • 5 Baths
  • 4,100 sq. ft.
  • Single family
  • Active
Listed by:evan downey214-997-4929
Office:exp realty
MLS#:20952405
Source:GDAR

Price summary

  • Price:$725,000
  • Price per sq. ft.:$176.83

About this home

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!

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Home facts

  • Year built:1976
  • Listing Id #:20952405
  • Added:284 day(s) ago
  • Updated:August 20, 2025 at 11:56 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Living area:4,100 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:4,100 sq. ft.
  • Lot area:3.14 Acres

Schools

  • High school:Mabank
  • Elementary school:Southside

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$176.83
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 20, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Senter, REALTORS(R).