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$7,113 Closing Credit¹
#20931801, Debbie French, Listing Office: Ebby Halliday Realtors
$750,000 List price
311 Oak Ln Tool, TX 75143
$8,906
Closing credit¹
5 beds
4 full, 1 partial
4,100 sqft
3.1 acres
$183 / sqft
House
Property details
About 311 Oak Ln
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size4,100 sqft
Lot size3.139 Acres
Year built1976
ParkingGarage, Boat, RV Access/Parking
MLS #20952405
WaterfrontDock, Boat Slip, Canal, Lake Front, Waterfront
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Wired for Sound
- Total Bedroom Count: 5
- Attached Garage: No
- Parking: Garage, Boat, RV Access/Parking
- Waterfront: Dock, Boat Slip, Canal, Lake Front, Waterfront
- Exterior: Balcony, Deck, Dock, Fire Pit, Outdoor Grill, Storage
- Architectural Style: Detached
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $750,000
- Price/SqFt: $182
- Annual Tax Amount: $6,600
- Tax Year: 2023
- Lot: Many Trees, Subdivision, Waterfront
- Directions: Use GPS
- Year Built: 1976
- Living Area: 4,100 SqFt
- Lot Size: 3.139 Acres
- MLS Number: 20952405
- MLS Name: NTR
- Office Name: EXP REALTY
- Office Phone: (214) 997-4929
- Listing Agent: Evan Downey
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 5/31/2025, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
311 Oak Ln
$8,906
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $364,355 | $6,600 |
| 2022 | $316,520 | $8,199 |
| 2021 | $242,830 | $2,521 |
| 2020 | $206,750 | $- |
| 2019 | $193,670 | $- |
| 2018 | $169,420 | $4,224 |
| 2017 | $166,310 | $4,106 |
History based on county public records data.
Nearby schools
7
Tool Elementary School
Public District PK-5
2.6 mi
•1201 S Tool Dr
8
Lakeview Elementary School
Public District KG-4
3.0 mi
•306 Harbor Point Rd
7
Southside Elementary School
Public District PK-4
4.7 mi
•109 Paschall Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,718. The majority of Tool, TX residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
43%
<35k
46%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
11%
Single, with Kids
33%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 311 Oak Ln
The listing price of 311 Oak Ln property is $750,000.
The property 311 Oak Ln is a house located in Tool, Texas, 75143.
Active Listing: 311 Oak Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 311 Oak Ln are: Tool Elementary School (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 7/10), Mabank Jr High School (GreatSchools Rating 6/10), Mabank Intermediate School (GreatSchools Rating 3/10), Kemp Jr High School (GreatSchools Rating 2/10), Mabank High School (GreatSchools Rating 5/10), Kemp High School (GreatSchools Rating 4/10), Kemp Alternative (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,600 (source: MLS/based on county public records data).
The property at 311 Oak Ln has 5 bedrooms and 4 full and 1 half bathrooms.
The property 311 Oak Ln is 4,100 SqFt (source: MLS/tax record).
The year of construction for 311 Oak Ln is 1976.
This home is located at 311 Oak Ln in Tool, TX and zip code 75143. This 4,100 square foot home, which was built in 1976, sits on a 3.14 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $750,000.
The number of homes for sale in Tool, TX increased by 10% between March and April 2025. While the average time on the market in April 2025 was 90 days, the median list price was $325,000.
From Rocket Homes Real Estate and based on county public records data.