




$832,466
NAL Estimated Property Value120 Ridgeoak Way, Tool, TX, 75143
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About this property
IT’S ALL ABOUT THE LAKE! 137+ ft of Lakefront! Lakelocation, Lakefun, Laketherapy, Lakeescape, Lakememories!! One-story 3Bed, 2Bath waterfront on Cedar Creek Lake. Open concept living with luxury vinyl plank floor installed 2019. Greatroom offers kitchen, dining, den, wood burning fireplace. Expansive wall-of-windows maximizes the waterview. Generous bedrooms, primary en-suite + large walk-in closet. Updated windows throughout. Living space overflows to 645+ sqft covered porch. Amazing sunsets views. Property rests on a calm large lake bend provides views of wide open water. Lakewater sprinkler system maintains lush yard. Lakefront reinforced retaining wall and sidewalk, both 137+ ft long, installed in 2019. Boathouse enjoys 9-12+ ft deep water, electric lift, slip for ski and fishing boat + 3 smaller watercraft. Lakeway Estates is a well-kept Tool neighborhood. Boat launch just minutes from property. Close to town, Well maintained roads. See MLS docs for list of recent upgrades.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Tool
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