About 311 Oak Lane
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!
Features of 311 Oak Lane
| MLS® # | 20952405 |
|---|---|
| Price | $725,000 |
| Bedrooms | 5 |
| Bathrooms | 4.10 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 4,100 |
| Acres | 3.14 |
| Year Built | 1976 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Closed |
Community Information
| Address | 311 Oak Lane |
|---|---|
| Subdivision | Arnold Hills Sub |
| City | Tool |
| County | Henderson |
| State | Texas |
| Zip Code | 75143 |
Amenities
| Utilities | All Weather Road, City Sewer, Electricity Connected |
|---|---|
| Garages | Garage |
| Is Waterfront | Yes |
| Waterfront | Canal (Man Made), Dock – Uncovered, Lake Front |
| Has Pool | No |
Interior
| 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) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Covered Deck, Covered Patio/Porch, Dock, Fire Pit, Outdoor Grill, RV/Boat Parking, Storage |
|---|---|
| Lot Description | Many Trees, Subdivision, Water/Lake View, Waterfront |
| Roof | Composition |
| Construction | Siding |
| Foundation | Slab |
School Information
| District | Mabank ISD |
|---|---|
| Elementary | Southside |
| High | Mabank |
Additional Information
| Date Listed | May 30th, 2025 |
|---|---|
| Date Sold | September 30th, 2025 |
| Days on Market | 473 |
Listing Details
| Agent | Evan Downey |
|---|---|
| Office | EXP REALTY |
| Contact Info | 214-997-4929 |