Mark Maldonado
Mersal Realty
License number: 0655845
mobile: (972) 658-2877
www.markmaldona­dorealty.com
$750,000
311 Oak Lane, Tool, Texas 75143, USA
MLS#
20768073
Property type
Residential For Sale, Single Family
Property Size
4,100 sqft (380.89 m2)
Land size
3.14 sqft (0.29 m2)
Status
Bedrooms
5
Baths
4
Half baths
1
Sale price per sqm
1,969.01 $
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!
Rooms
  • 2 dining rooms
Property Details
1976 Year Built:
Water/Lake View Description of view:
Waterfront Location:
Lake Waterfront:
Vacation Home, Lake House, Single Detached Property type:
Siding Construction:
Siding Exterior Description:
Refrigerator, Dishwasher, Disposal Appliances:
Porch Covered, Balcony, Garage Property Features:
Vaulted Ceilings Interior Description:
Wood Floors:
City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
Cable Available, Broadband internet access Telecommunication:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
RV/Boat Parking Parking type:
School Information
Mabank ISD School District:
Southside Elementary School:
Mabank High School:
Mabank Middle School:


Listing by: EXP REALTY

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