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Owner Contacts

$647,000

NAL Estimated Property Value

311 Oak Ln, Tool, TX, 75143

$841,100 ARV

Off Market

5 Beds

5 Bath

4,100 Sq Ft

Single Family Residence

$182.93 / sqft

Built in 1976

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Dock, Fire Pit, Outdoor Grill, Storage

Building Information

Year Built1976

Roof Type105

Garage Spaces5

Land Information

APN2030-0007-0530-54

Lot Number53,63

SubdivisionArnold Hills (369)

Land UseResidential

Legal DescriptionAB 841 D O WILLIAMS SUR, ARNOLD HILLS SUBD, BLK 7 LTS 53-63

Census Tract950801

Assessed Land Value$165,000

Assessed Improvement Value$373,129

Assessment Year2025

About this property

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!

Investor Tools

$647,000

Estimated Property Value

$600,910Estimated Mortgage Balance

$46,090Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$841,100

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,500 /month

Positive

Cash Flow Estimate:

$1,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$542/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,267

$465,181

2025

$165,000

$373,129

$538,129

Tax History

Year

Tax Paid

Assessed Value

2024

$3,267

$465,181

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Bank Of Commerce

Open End Mortgage / Open End With Future Advance Clause

$608,000

First

Sep 30, 2025

Sep 2030

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$600,910

$46,090

93%

$3,646/mo

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.

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