Location
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.
Property Details
Price:
$499,000
MLS #:
21228057
Status:
Active
Beds:
2
Baths:
2.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Arnold Hills
Listed Date:
Apr 3, 2026
Finished Sq Ft:
1,500
Lot Size:
10,628 sqft / 0.24 acres (approx)
Year Built:
1989
Schools
School District:
Mabank ISD
Elementary School:
Lakeview
High School:
Mabank
Interior
Bathrooms Full
2
Bathrooms Half
1
Cooling
Central Air
Fireplace Features
Brick, Living Room, Wood Burning
Fireplaces Total
1
Flooring
Carpet, Laminate
Heating
Central, Electric
Interior Features
Cable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan, Other
Number Of Living Areas
1
Exterior
Carport Spaces
1
Community Features
Boat Ramp, Park, Pickle Ball Court
Construction Materials
Brick
Exterior Features
Boat Slip, Covered Patio/Porch, Rain Gutters
Fencing
Back Yard, Chain Link
Garage Spaces
2
Lot Size Area
0.2440
Lot Size Dimensions
60 x 164 x 70 x164
Waterfront Features
Lake Front, Lake Front – Main Body, Retaining Wall – Steel
Financial

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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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Similar Listings Nearby
Community
- Address316 Oak Lane Tool TX
- SubdivisionArnold Hills
- CityTool
- CountyHenderson
- Zip Code75143
Subdivisions in Tool
- 5\’ Developer Strip Royal Oaks
- A0659
- Anchorage Condos
- Anchorage Condos Ph I
- Arnold Hills
- Arnold Hills Sub
- ARNOLD HILLS SUBD
- BROWN SUR
- Cedar Crk Center
- Cedarcrest Shores Estate
- Cedarcrest Shores Estates
- Deep Meadows
- Driftwood Beach
- Driftwood Beach Add
- Forest Acres
- Forest Park Add
- G HANCOCK SUR
- Heather Woods Add Sec 01
- Heather Woods Sec 02
- Heather Woods Sec 1
- Heather Woods Subdivision
- Island Oaks
- Island Oaks Sub
- Isle of View
- Isle of View I
- Ivys Woodlands Acres Sec A
- Jeremiah Crabb
- Lakeway Estate
- Lakeway Estates
- Mason Addition
- Meazells Cedar Shores
- Meazells Cedar Shrss Sec 02 P
- N
- Ng Russell A-660
- Paradise Bay
- Paradise Bay 1
- Paradise Bay Add
- Paradise Bay Sub
- Point of View
- Port Ocall Add
- Royal Oaks
- Royal Oaks Sec 01
- Royal Oaks Sub
- Tbt Rolling Acres
- The Groves at Cedar Creek
- The Groves at Cedar Creek Lake
- Thurman Estates 2
- Tool
- Trade Winds
- Trade Winds Add 01 Filing
- Trade Winds Add 2nd Filing
- Tradewinds Add
- Villa Cove
- WESTWOOD BEACH
- Westwood Beach #1
- Westwood Beach 01
- Westwood Beach Add
- Westwood Beach Sec 01
- Westwood Beach Sec 02
- Westwood Beach Sub Sec 2
- Wildwood Acres
- Wildwood Acres Add
- Windward Cove
Market Summary
Current real estate data for Single Family in Tool as of Jul 14, 2026
73
Single Family Listed
87
Avg DOM
270
Avg $ / SqFt
$557,512
Avg List Price
Property Summary
- Located in the Arnold Hills subdivision, 316 Oak Lane Tool TX is a Single Family for sale in Tool, TX, 75143. It is listed for $499,000 and features 2 beds, 2 baths, and has approximately 1,500 square feet of living space, and was originally constructed in 1989. The current price per square foot is $333. The average price per square foot for Single Family listings in Tool is $270. The average listing price for Single Family in Tool is $557,512. To schedule a showing of MLS#21228057 at 316 Oak Lane in Tool, TX, contact your Aaron Layman Properties agent at 940-209-2100.

316 Oak Lane
Tool, TX




