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316 Oak Lane

Tool, TX 75143

$499,000

2 bd · 2.5 ba · 1,500 sq ft · 0.24 ac

Bedrooms2
Bathrooms2.5
Living area1,500 sq ft
Lot size0.244 acres
Year built1989
Stories1.5
Garage2 cars
TypeSingle-family

What it costs to own

TaxesNot provided by the listing
MUDIn a Municipal Utility District (MUD)
HOA$125 per year · None
HOA fee coversFull Use of Facilities
Price per sq ft$333 per sq ft

About this home

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.

The details

HeatingCentral, Electric
CoolingCentral Air
FlooringCarpet, Laminate
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
Interior featuresCable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan, Other
Bathrooms2 full · 1 half
Fireplace1 · Brick, Living Room, Wood Burning

Construction materialsBrick
RoofComposition
FoundationSlab

Lot featuresCul-De-Sac, Few Trees, Sloped, Sprinkler System, Subdivided, Waterfront
FencingBack Yard, Chain Link
Water sourceMUD Water
SewerMUD Sewer
ElectricElectricity Connected

SubdivisionArnold Hills
Community featuresBoat Ramp, Park

ElementaryLakeview
Middle schoolMabank
High schoolMabank
DistrictMabank ISD

MLS #21228057
Source
Price changeReduced by $51,000 · Jun 17, 2026
On the market484 days
CountyHenderson

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 1.9 mi
Nearest parkCedar Creek Wildlife Management Area - Bird Island Unit · 1.1 mi

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Listing courtesy of Ebby Halliday Realtors — Janice Haney.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21228057. Information last updated October 13, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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