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$800,000
6 Days On Site

311 Oak Lane
Tool, TX 75143

For Sale|Single Family Residence|Active
5
Beds
4
Full Baths
1
Partial Bath
4,100
SqFt
$195
/SqFt
1976
Built
Subdivision:
Arnold Hills Sub
County:
Henderson

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Call Now: 214-930-8350
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214-930-8350
311 Oak Lane311 Oak Lane311 Oak Lane311 Oak Lane
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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!

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Listing Snapshot
Price 
$800,000
Days On Site 
6 Days
Bedrooms 
5
Inside Area (SqFt) 
4,100 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
3.139 Acres
Year Built 
1976
MLS® Number 
20768073
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
3.139
Foundation 
Slab
Parking 
Garage
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Utilities 
Cable AvailableElectricity Connected
Interior Features
Appliances 
DishwasherDisposalElectric RangeRefrigerator
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
TileWood
Heating 
CentralElectric
Interior 
Built-in FeaturesDouble VanityEat-in KitchenGranite CountersKitchen IslandOpen FloorplanVaulted Ceiling(s)
Bedroom-2nd Primary 
Level - Second
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Exterior Features
Exterior 
BalconyDockFire PitOutdoor GrillStorage
Lot Features 
Many TreesWaterfront
Roof 
Composition
View 
Water
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Water
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
School District 
Mabank ISD
Schools
School District
Mabank ISD
Elementary School
Southside
Middle School
Unknown
High School
Mabank
Listing courtesy of Evan Downey of EXP REALTY 2149974929



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 02:30 PM CDT

Neighborhood & Commute
Source: Walkscore
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