Joanna Ruesch

316 Oak Lane

Tool, TX
$ 499,000 Beds 2 Baths 2.5 Sq 1,500 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 499,000
  • City
  • Tool
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENDERSON
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.244 Acres
  • Zip
  • 75143
  • Sqr Footage
  • 1,500
  • Year Built
  • 1989
  • Style
  • Traditional
  • MLS#
  • 21228057
Listed By: Ebby Halliday Realtors
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

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
Easements Utilities,Other
Assoc Fees 125
Number of Garage Spaces 2
Restrictions Deed
School District Mabank ISD
HOA Fee Includes Full Use of Facilities
Year Built 1989
Architectural Style Traditional
Community Features Boat Ramp,Park,Pickle Ball Court
Levels One and One Half
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Arnold Hills
Transaction Type For Sale
Occupant Type Owner
Carport Spaces 1
County Henderson
Property Type Residential
Construction Materials Brick
Association Fee Frequency Annually
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
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21228057
Standard Status Active
Junior High School Mabank
Listing Terms Cash,Conventional,Other

Interior Features

Interior Features Cable TV Available,Granite Counters,High Speed Internet Available,Open Floorplan,Other
Flooring Carpet,Laminate
Fireplace Features Brick,Living Room,Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 4
Half Baths 1
Lock Box Type SentriLock
Total Bedrooms 2
Total Baths 3
Laundry Features Electric Dryer Hookup,Full Size W/D Area,Dryer Hookup

Exterior Features

Waterfront Yes
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)
Covered Spaces 3
Foundation Slab
Lot Size Area 0.2440
Lot Size Dimensions 60 x 164 x 70 x164
Lot Size Units Acres
Structural Style Lake House,Resort Property,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 10628.6400
Lot Size Acres 0.2440
Patio And Porch Features Covered,Deck,Front Porch,Screened
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Lakeview Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/3/2026 Listed $575,000
4/26/2026 5% - $550,000
6/17/2026 10% - $499,000

Property vs Zip Code Average in 75143

Price
AVG $630K
$500K
Year Built
AVG 1997
1989
Visits
AVG 203
430
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

316 Oak Lane Tool, TX is a Single Family Home for sale at $499000 with 1500 sqft and a lot size of 0.244 Acres Acre(s). 316 Oak Lane Tool has 2 bedrooms, 2 baths and was built in 1989. The property's zip code is 75143 which is in Tool, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joanna Ruesch

Joanna Ruesch

830-515-6166

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