311 Oak Lane, Tool, TX 75143
- Beds
- 5
- Baths
- 5
- Sqft
- 4,100
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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!
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 5
- Number of bathrooms
- 5
- Square feet
- 4,100
- Lot size (acres)
- 3.14
- Year built
- 1976
Exterior features
- Water view
- Yes
- Waterfront
- Lake Front
Utilities
- Heating
- Central, Electric
- Cooling
- Ceiling fan(s), Central air, Electric
- Sewer
- Public sewer
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 20952405 Last checked: …

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.