305 Lake Dr, Tool, TX 75143
Property image
Property image
OFF MARKET

305 Lake Dr
Tool, TX 75143

  • 4 Beds
  • 3 Baths
  • 2,968 sqft (on 0.25 acres)

$1,087,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $7,404/mo*

$1,087,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $7,404/mo*
4 Beds
3 Baths
2,968 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$1.09M
Since last month
Increased$4K (+0.3%)
Since last year
Decreased$51K (-4.5%)
Since last sale
Increased$733K (+209.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +137% in the last 10 years
MonthEstimated value
2026
August 2026$1.08M
July 2026$1.08M
June 2026$1.1M
May 2026$1.09M
April 2026$1.07M
March 2026$1.07M
February 2026$1.06M
January 2026$1.04M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.37
Single-Family Home
-
06/30/26
5
4
3,063
0.23
Single-Family Home
-
05/11/26
2
2
2,273
0.34
Single-Family Home
-
02/24/26
2
2
1,008
0.38
Single-Family Home
-
09/30/25
5
4.5
4,100
1.16
Single-Family Home
-
06/08/26
4
2.5
2,010
1.27
Single-Family Home
-
10/16/25
4
2.5
2,386
1.11
Single-Family Home
-
05/08/26
4
2
1,980
1.29
Single-Family Home
-
11/14/25
3
2.5
2,656
1.27
Single-Family Home
-
08/25/25
4
2
2,165
1.12
Single-Family Home
-
04/30/26
3
2
1,530

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$349,000
3
1.5
1,039
For Sale
0.16
$165,500
3
2
1,300
Off Market
0.19
$917,300
4
3.5
2,195
Off Market
0.20
$146,000
2
2
960
Off Market
0.19
$165,000
2
1.5
1,104
For Sale
0.22
$748,800
3
2.5
3,061
Off Market
0.23
$263,800
3
2
1,664
Off Market
0.24
$492,500
3
2
1,293
Off Market
0.26
$199,900
3
1
1,076
Off Market
0.29
$770,200
3
2
1,918
Off Market
0.30
$359,900
3
2
1,456
For Sale
0.31
$362,700
3
3
1,790
Off Market

Local Information

  • Map ViewExplore the area around 305 Lake Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1978
Lot Size
0.25 acres
Living Area
2,968 sqft
Price/Sqft
$366
Parking
Garage

About this House

HAVE YOU BEEN WANTING A WATERFRONT LAKE HOUSE that has been COMPLETELY RENOVATED AND TASTEFULLY DECORATED? It can be a second home for usage throughout the year, or make it a turnkey rental. This is a great family setting located in the city of Tool, in beautiful east Texas offering a front of over 100 feet of shoreline at Cedar Creek Reservoir aka Cedar Creek Lake, ideal for water sports, fishing, relaxation, and amazing sunsets. The home is in the beautiful countryside offering a spacious and relaxing ambiance, a safe and happy place with proximity to the DFW Metroplex for an easy and convenient weekend escape. The deck wraps around the house and is surrounded with mature trees, and there is a fishing/swimming pier. The expansive master suite is located on the second floor offering breathtaking views of the lake, luxurious soaking tub, dual sinks, and walk-in shower. The single-car garage converted into a bedroom adds to three spacious rooms on the ground floor. The living room is in the heart of the house with a beautiful fireplace perfect for family gathering and play area. The home office is next to the kitchen for double duty convenience. Lakehouse décor extends into the kitchen with granite counters, coffee bar, abundant prep space, cabinetry and storage. Smooth glass cooktop, microwave, dishwasher, and two breakfast islands. The screened patio is a fantastic area along with the hot spa, fire-pit, boat dock lift, and nature all around it. A WOW lake house! 2022-08-19
305 Lake Dr, Tool, TX 75143 is a 4 bedroom, 3 bathroom, 2,968 sqft single-family home built in 1978. It last sold for $0 on Sep 9, 2022. It is currently off market. The Trulia Estimate is $1,087,700, with a rent estimate of $4,706/month.

Home Details for 305 Lake Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Additional StorageNumber of Rooms: 4Storage
Appliances & Utilities
DishwasherDisposal
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: VinylFoundation Type: Slab
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Lot Information

Lot Area: 0.25 acres

Price and Tax history

DateEventPrice
Sep 9, 2022
Source: Ebby Halliday solds #20105323_75143
Sold
--
Aug 2, 2022
Source: NTREIS #20105323
Pending
$995,000
Jul 26, 2022
Source: NTREIS #20105323
Contingent
$995,000
Jul 7, 2022
Source: NTREIS #20105323
Listed For Sale
$995,000
Oct 17, 2018
Source: N/A
Sold
--

Market trends in Kemp

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
153
16
MoM

What Locals Say about Kemp

At least 16 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 85 % Say car is needed

  • 83 % Say parking is easy

  • 71 % Say kids play outside

  • 69 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 63 % Say there's wildlife

  • 60 % Say it's dog friendly

  • 57 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's holiday spirit

  • 31 % Say it's walkable to grocery stores

  • 19 % Say there are sidewalks

  • 18 % Say there are community events

  • 11 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 305 Lake Dr

  • What is 305 Lake Dr estimated to be worth?
    Trulia's estimated value for 305 Lake Dr in Tool, TX is $1,087,700.
  • What is the price history for 305 Lake Dr?
    305 Lake Dr in Tool, TX last sold in September 2022.
  • Is Tool a buyer's or seller's market?
    Tool is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Tool?
    Residents describe Tool, TX as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Tool, TX.
  • Does 305 Lake Dr have air conditioning?
    Yes, 305 Lake Dr in Tool, TX has air conditioning.
  • How big is the lot at 305 Lake Dr?
    The lot at 305 Lake Dr in Tool, TX is about 0.25 acres (10,977 sq ft).

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