$750,000

311 Oak Lane , Tool, TX 75143

 
Bedrooms:5 beds
Bathrooms:4 baths
Residential:4,100 sqft
Lot:3.14
Year Built:1976
Listing Status:Active
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! The largest property in the highly sought out Arnold Hills Subdivision is now for sale! 12 LOTS (52-63) on a little over 3 acres with access to Cedar Creek Lake with a voluntary HOA. 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!

Detailed Items

Other Information

311 Oak Lane, Tool, TX, 75143 is a residential listing of 4,100 sqft on a lot of 3.14. This residential listing has 5 bedrooms, and 4 baths. The map for this location can be viewed on Google maps at Google maps to property311 Oak Lane, Tool, TX
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above