311 Oak Lane
Tool, TX, 75143
$725,000
5 Beds
4.1 Baths
4,100 SqFt
3.14 Acres
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Location

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!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$725,000
MLS #:
20952405
Status:
Active
Beds:
5
Baths:
4.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Arnold Hills Sub
Listed Date:
May 30, 2025
Finished Sq Ft:
4,100
Lot Size:
136,778 sqft / 3.14 acres (approx)
Year Built:
1976
WaterfrontGarageArnold Hills SubMabank IsdSouthsideMabank

Schools

School District:
Mabank ISD
Elementary School:
Southside
High School:
Mabank

Interior

Bathrooms Full
4
Bathrooms Half
1
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Tile, Wood
Heating
Central, Electric
Interior Features
Built-in Features, Cable T V Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
Number Of Living Areas
3

Exterior

Construction Materials
Siding
Exterior Features
Balcony, Covered Deck, Covered Patio/ Porch, Dock, Fire Pit, Outdoor Grill, R V/ Boat Parking, Storage
Lot Size Area
3.1390
Waterfront Features
Canal ( Man Made), Dock – Uncovered, Lake Front

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Market Summary

Current real estate data for Single Family in Tool as of Aug 03, 2025
82
Single Family Listed
112
Avg DOM
283
Avg $ / SqFt
$579,138
Avg List Price

Property Summary

    Located in the Arnold Hills Sub subdivision, 311 Oak Lane Tool TX is a Single Family for sale in Tool, TX, 75143. It is listed for $725,000 and features 5 beds, 4 baths, and has approximately 4,100 square feet of living space, and was originally constructed in 1976. The current price per square foot is $177. The average price per square foot for Single Family listings in Tool is $283. The average listing price for Single Family in Tool is $579,138. To schedule a showing of MLS#20952405 at 311 Oak Lane in Tool, TX, contact your Aaron Layman Properties agent at 940-209-2100.
311 Oak Lane
Tool, TX