Residential Land with Home for Sale in Tool, Texas

311 Oak Ln Tool, TX 75143

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$800,000
3.14 acres
Active sale agoEst $4,972/mo

Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! This rare property on Cedar Creek Lake consists of 12 lots that comprise 3+ gorgeous acres of a beautiful lake community (only voluntary HOA) with lots of trees for added seclusion. 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!

4,100
Sq feet
5
Beds
4
Full baths
1
1/2 bath
1976
Built

Location

Street Address
311 Oak Ln
Community
Arnold Hills Sub
Elevation
348 feet
Coordinates
32.3064, -96.1824

Property details

MLS Number
NTREIS 20768073
Date Posted

Parcels

  • 20300007053054

Resources

This 3.14-acre property is located at 311 Oak Ln in Tool, TX 75143 with latitude 32.3064 and longitude -96.1824. The property is currently available for sale for $800,000. It has a 4,100 sq ft 5 bedroom, 4 bath house built in 1976. Listing data is sourced from North Texas Real Estate Information Systems # 20768073.

Verify sale details at the property source or contact eXp Realty at (512) 777-9581.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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