311 Oak Lane

Tool, TX 75143

$800,000
Price
5
Beds
4
Baths
1
1/2 Bath
4,100 Sq. Ft.
$195 / Sq. Ft.
4,100
Sq. Ft.
$195
per Sq. Ft.

Description

Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! This rare property on Cedar Creek Lake consists of 12 lots that comprise 3+ gorgeous acres of a beautiful lake community (only voluntary HOA) with lots of trees for added seclusion. You could easily build 2 other cash flowing STRs on this property. Large, FULLY remodeled is perfect for a family retreat or a vacation home - sleeping 15. Furnishings are negotiable to make investment...Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! This rare property on Cedar Creek Lake consists of 12 lots that comprise 3+ gorgeous acres of a beautiful lake community (only voluntary HOA) with lots of trees for added seclusion. You could easily build 2 other cash flowing STRs on this property. Large, FULLY remodeled is perfect for a family retreat or a vacation home - sleeping 15. Furnishings are negotiable to make investment turnkey. Beautiful engineered hardwoods, modern finishes, custom furniture, ample entertainment space, and an open floor plan are perfect for getting away. Amazing lake views from the back balconies, oversized 3 car garage workshop with electric, and a dock. The canal needs some dirt work to utilize the dock. Check out the transaction desk for a list of updates. Any investor wanting an almost 8 percent CAP rate and lake getaway, this is your best bet!
  1. Listed by Evan Downey • TREC #0677914 • EXP REALTY • 214-997-4929

Property Details for 311 Oak Lane

Subdivision Name
Arnold Hills Sub
Structural Style
Lake House, Single Detached, Vacation Home
Pool
No
Garage Spaces
0
LISTING UPDATED: 11/09/2024 05:10 AM

Property Details for 311 Oak Lane

StatusActive
MLS #20768073
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1976
Lot Size3.14 AC / 136,734 SF
CountyHenderson County

Building Information for 311 Oak Lane

Stories2Year Built1976Building Size-Lot Size3.14 AC / 136,734 SF

Property Information for 311 Oak Lane

Summary
Location and General Information
  • Directions: Use GPS
  • Elementary School: Southside
  • Elementary School Name: Southside
  • High School: Mabank
  • High School Name: Mabank
  • Intermediate School: Mabank
  • School District: Mabank ISD
  • Geocode Confidence: High
  • Latitude: 32.31
  • Longitude: -96.18
  • State: Texas
Parking
  • Parking Features: Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 3
  • Garage: Yes
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Tile, Wood
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Living Area: 4100.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-2-1, Media Room-1-1, Bedroom-2nd Primary-2-1, Game Room-1-1
Exterior Features
  • Construction Materials: Siding
  • Exterior Features: Balcony, Covered Deck, Covered Patio/Porch, Dock, Fire Pit, Outdoor Grill, RV/Boat Parking, Storage
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront Features: Canal (Man Made), Dock – Uncovered, Lake Front
  • Waterfront: Yes
  • Room and Features: Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-2-1, Media Room-1-1, Bedroom-2nd Primary-2-1, Game Room-1-1
  • Room List: Bedroom-Primary, Master Bedroom, Living Room, Media Room, Bedroom-2nd Primary, Game Room
  • Levels: Two
Room 1
  • Room Level: 2
  • Room Type: Living Room
Room 2
  • Room Level: 1
  • Room Type: Bedroom-Primary
Room 3
  • Room Level: 1
  • Room Type: Media Room
Room 4
  • Room Level: 1
  • Room Type: Game Room
Room 5
  • Room Level: 2
  • Room Type: Bedroom-2nd Primary
Property
Utilities
  • Utilities: All Weather Road, City Sewer, Electricity Connected
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: Deed
  • Property Match: APN
Lot Information
  • Lot Features: Many Trees, Subdivision, Water/Lake View, Waterfront
  • Lot Size: 3 to < 5 Acres
  • Lot Size Acres: 3.139
  • Lot Size Area: 3.139
  • Lot Size Units: Acres
  • Lot Size Square Feet: 136734.84
  • Multi Parcel ID: No
  • Parcel Number: 20300007053054
  • Property Attached: No

Property History for 311 Oak Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 311 Oak Lane

Taxable ValueLand$15,000Additions$349,355Total$364,355
Tax Record2023$6,601 ($550 / month)
Home Facts
Beds0Total Finished SqFt3,363 SqFtAbove Grade Finished SqFt3,363 SqFtStyleSingle Family ResidenceYear Built1976CountyHENDERSONAPN2030-0007-0530-54Fireplace TypeHas Fireplace

Schools near 311 Oak Lane

This home is within Mabank Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Lakeview Elementary School
PublicPK to 4

Mabank J High School
Public7 to 8

Mabank High School
Public9 to 12

Southside Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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311 Oak Lane is a single family home for sale in Tool, TX 75143. This property was listed for sale on November 8, 2024 by EXP REALTY, it's currently listed at $800,000. It has been on the market for a total of 13 days and was last sold on June 25, 2021. This listing's school district is Mabank Independent School District. Nearby schools include Lakeview Elementary School, Mabank J High School and Mabank High School. 311 Oak Lane is a 5-bed, 4.5-bath, 4,100 sqft single family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP REALTY, Evan Downey

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/09/2024 05:10 AM