316 Oak Lane Tool, TX $ 575,000
316 Oak Lane
$ 575,000
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316 Oak Lane

Tool, TX, 75143
$ 575,000
Bedrooms2 Baths2.1 Sq 1,500

Monthly Estimate*

$ 3,540

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Single Family Home for sale in Tool, TX

for $575,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,500 square foot home was built in 1989 on a lot size of 0.244.

Welcome to 316 Oak Lane, a beautifully updated waterfront retreat in the highly sought-after Arnold Hills community on Cedar Creek Lake. Perfectly positioned just off of open water, this charming 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. 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, 316 Oak Lane delivers an exceptional opportunity to own a slice of waterfront paradise in one of the lake’s most desirable communities.

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Single Family Active

Price

$ 575,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.244

Year Built

1989

Town/City

Tool

County/Region

Kaufman

MLS | Web ID

21228057

Features
Interior
Interior Features Cable TV Available Granite Counters High Speed Internet Available Open Floorplan Other
Flooring Carpet Laminate
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 2
Total Baths 3
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General
Heating Central Electric
Cooling Central Air
Utilities All Weather Road Electricity Connected MUD Sewer MUD Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Microwave Refrigerator
Assoc Fees 125
Number of Garage Spaces 2
Restrictions Deed
School District Mabank ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N 0
Year Built 1989
Architectural Style Traditional
Community Features Boat Ramp Park Pickle Ball Court
Levels One and One Half
Property Subtype Single Family Residence
Subdivision Name Arnold Hills
Transaction Type For Sale
Occupant Type Owner
County Henderson
Property Type Residential
Construction Materials Brick
HOA Type Voluntary
Full Baths 2
Status Active
Directions From Seven Points TX take SH 274 south to Waller Rd LEFT at Waller (becomes Arnold Hills Rd) follow on Arnold Hills Rd to Arnold Hills entry RIGHT at entry on Hillcrest Dr follow on Hillcrest (become
City Tool
Elementary School Name Lakeview
High School Mabank
Elementary School Lakeview
Standard Status Active
Junior High School Mabank
Listing Terms Cash Conventional Other
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Exterior
Waterfront 1
Exterior Features Boat Slip Covered Patio/Porch Rain Gutters
Lot Features Cul-De-Sac Few Trees Sloped Sprinkler System Subdivision Water/Lake View Waterfront
Fencing Back Yard Chain Link
Soil Type Unknown
Lot Size Source Appraiser
Parking Features Carport Driveway Garage Door Opener Garage Faces Front
WaterFront Features Lake Front Lake Front – Main Body Retaining Wall – Steel
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Dimensions 60 x 164 x 70 x164
Structural Style Lake House Resort Property Single Detached Vacation Home
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Janice Haney

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$3,540
Per Month
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0%
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Monthly Principal & Interest
$3,540
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286241 Elementary School
3672476 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$575,000 Listed Price

Map


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316 Oak Lane, Tool, TX, 75143 is a Single Family Home for sale at $575,000 with 1,500 sqft and a lot size of 0.244. 316 Oak Lane has 2 bedrooms, 2.1 baths, and was built in 1989. The property's zip code is 75143 which is in Tool, TX