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  • 2 Beds
  • 2.1 Baths
  • 1,500 Sqft
  • 2 Garages
  • .24 Acres
  • 1989 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 2 Beds
  • 2.1 Baths
  • 1,500 Sqft
  • 2 Garages
  • .24 Acres
  • 1989 Year Built
  • Study
  • Game Room
  • Media
  • Pool

316 Oak Lane
Tool, Texas 75143-8483

County: Henderson Arnold Hills

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$499,000
  • Est. Payment /m
  • Reduced By$76,000
  • Cumulative Days on MarketUnlock
  • MLS® #21228057
  • Bedrooms2
  • Bathrooms2.10
  • Square Footage1,500
  • Acres0.24
  • Year Built1989
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 6 Active and 2 Sold Listings

Pricing Trends from 6 Active Listings in Arnold Hills

This Home's Price $499,000 This Home's Price Per SqFt $
Average Price $634,500 Average Price Per SqFt $
Highest Price $1,765,000 Highest Price Per SqFt $
Lowest Price $150,000 Lowest Price Per SqFt $

Pricing Trends from 2 Sold Listings in Arnold Hills

This Home's Price $499,000 This Home's Price Per SqFt $
Average Price $780,000 Average Price Per SqFt $
Highest Price $1,375,000 Highest Price Per SqFt $
Lowest Price $185,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address316 Oak Lane
  • SubdivisionArnold Hills
  • CityTool
  • CountyHenderson
  • StateTexas
  • Zip Code75143-8483
  • HOAVoluntary
  • HOA Fees$125
  • HOA Fees FrequencyAnnually
  • FeaturesBoat Ramp, Park, Pickle Ball Court
  • UtilitiesAll Weather Road, Electricity Connected, MUD Sewer, MUD Water

Amenities

  • # of Garages2
  • GaragesCarport, Driveway, Garage Door Opener, Garage Faces Front
  • WaterfrontYes
  • WaterfrontLake Front, Lake Front – Main Body, Retaining Wall – Steel

Interior

  • Interior FeaturesCable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan, Other
  • FloorsCarpet, Laminate
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesBrick, Living Room, Wood Burning

Exterior

  • Exterior FeaturesBoat Slip, Covered Patio/Porch, Rain Gutters
  • FenceBack Yard, Chain Link
  • Lot DescriptionCul-De-Sac, Few Trees, Sloped, Sprinkler System, Subdivision, Water/Lake View, Waterfront

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2
  • Half Baths1
  • RoofComposition
  • FoundationSlab
  • ConstructionBrick

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Private Listing Information (Registration Required)

Listing Details

  • AgentJanice Haney
  • OfficeEbby Halliday Realtors

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Listing information last updated on November 9th, 2026 at 12:45am CST.