316 Oak Lane
Tool, TX, 75143
$499,000
2 Beds
2.1 Baths
1,500 SqFt
0.24 Acres
MLS #21228057 image #0

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.

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

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
WaterfrontGarageArnold HillsMabank IsdLakeviewMabankCedar Creek

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

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 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