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316 Oak Lane, 
Tool, TX 75143

$550,000


2

Beds


3

Baths


1,500

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Janice Haney

Ebby Halliday Realtors

Last updated:

June 4, 2026, 11:43 AM

MLS#

21228057

Source:

GDAR

About This Home

316 Oak Lane

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.

Home Facts

Single Family

3 Baths

2 Bedrooms

Built in 1989

Price Summary

550,000

$366 per Sq. Ft.

MLS #:

21228057

Last Updated:

June 4, 2026, 11:43 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,500 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,500 Sq. Ft.

Year Built:

1989


Lot

Lot Size (Sq. Ft):

10,628


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$366 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 4, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Anderson Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.