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311 Oak Lane, 
Tool, TX 75143

$750,000


5

Beds


5

Baths


4,100

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Evan Downey

eXp Realty

Last updated:

June 14, 2025, 11:42 AM

MLS#

20952405

Source:

GDAR

About This Home

311 Oak Lane

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!

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 1976

Price Summary

750,000

$182 per Sq. Ft.

MLS #:

20952405

Last Updated:

June 14, 2025, 11:42 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

4,100 Sq. Ft.


Structure

Structure

Building Area:

4,100 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

136,734


Finances & Disclosures

Finances

Price:

$750,000

Price per Sq. Ft:

$182 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 14, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Mark Campbell & Associates.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.