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201 Waikiki Trail

Tool, TX 75143

$125,000

3 bd · 2 ba · 1,257 sq ft · 0.2 ac

Bedrooms3
Bathrooms2
Living area1,257 sq ft
Lot size0.201 acres
Year built1990
Stories1
Garage2 cars
TypeSingle-family

What it costs to own

Taxes$2,924 per year
MUDNone listed
HOANone listed
Price per sq ft$99 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Discover a fantastic lakeside retreat at 201 Waikiki Trail in the charming community of Tool, Texas. Nestled near the beautiful shores of Cedar Creek Lake, this wonderful three bedroom and two bathroom home offers the perfect setting for relaxing weekends or year round living. The spacious residence features a welcoming great room that is perfect for gathering after a day out on the water. A thoughtfully designed layout provides plenty of privacy, while the attached two car garage offers ample storage for vehicles and gear. What truly sets this listing apart is the extraordinary outdoor space. The sale includes two additional adjacent lots, giving you an incredibly rare and expansive footprint. This unparalleled space gives you the freedom to add a sprawling guest house for extended family, construct a lucrative short term rental property, or design an incredible outdoor oasis complete with a custom pool, outdoor kitchen, and a large workshop for all your lake toys. Alternatively, you can simply hold onto the extra land as a valuable investment in a highly sought after lake community. You will also enjoy excellent access to Cedar Creek Lake through the neighborhood community boat dock. Skip the crowded public marinas and easily launch into your weekend adventures, whether that means early morning fishing, afternoon wakeboarding, or simply watching spectacular Texas sunsets from the water. Located just over an hour from the Dallas and Fort Worth metroplex, this property offers the perfect balance of a quiet getaway and accessible convenience. Properties offering this unique combination of a comfortable existing home, community water access, and expansive acreage are incredibly rare. Bring your boat and start enjoying the ultimate lake lifestyle today!

The details

AppliancesElectric Oven
Interior featuresPantry

RoofShingle
FoundationPillar/Post/Pier

Water sourceCity Water
SewerCity Sewer

SubdivisionParadise Bay

ElementaryMalakoff
Middle schoolMalakoff
High schoolMalakoff
DistrictMalakoff ISD

MLS #21377835
Source
Price changeReduced by $20,000 · Oct 13, 2026
On the market40 days
CountyHenderson

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 3.8 mi
Nearest parkCedar Creek Wildlife Management Area - Telfair Island Unit · 2.9 mi

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Listing courtesy of Dalton Wade, Inc. — Kam Dalawy.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21377835. 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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