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  • 3 Beds
  • 2 Baths
  • 1,257 Sqft
  • 2 Garages
  • .2 Acres
  • 1990 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 3 Beds
  • 2 Baths
  • 1,257 Sqft
  • 2 Garages
  • .2 Acres
  • 1990 Year Built
  • Study
  • Game Room
  • Media
  • Pool

201 Waikiki Trail
Tool, Texas 75143-1411

County: Henderson Paradise Bay

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!

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

Essential Information

  • Price$125,000
  • Est. Payment /m
  • Reduced By$35,000
  • Cumulative Days on MarketUnlock
  • MLS® #21377835
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage1,257
  • Acres0.20
  • Year Built1990
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 12 Active and 17 Sold Listings

Pricing Trends from 12 Active Listings in Paradise Bay

This Home's Price $125,000 This Home's Price Per SqFt $
Average Price $362,020 Average Price Per SqFt $
Highest Price $997,250 Highest Price Per SqFt $
Lowest Price $125,000 Lowest Price Per SqFt $

Pricing Trends from 17 Sold Listings in Paradise Bay

This Home's Price $125,000 This Home's Price Per SqFt $
Average Price $402,059 Average Price Per SqFt $
Highest Price $1,049,000 Highest Price Per SqFt $
Lowest Price $47,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address201 Waikiki Trail
  • SubdivisionParadise Bay
  • CityTool
  • CountyHenderson
  • StateTexas
  • Zip Code75143-1411
  • HOANone
  • UtilitiesCity Sewer, City Water
  • Taxes2924

Amenities

  • # of Garages2
  • GaragesDriveway, Garage

Interior

  • Interior FeaturesPantry

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2
  • RoofShingle
  • FoundationPillar/Post/Pier

Private Listing Information (Registration Required)

Listing Details

  • AgentKam Dalawy
  • OfficeDalton Wade, Inc.
  • Office Contact727-888-4175

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 7th, 2026 at 2:46pm CST.