305 Lake Dr
Tool, TX 75143
- 4 Beds
- 3 Baths
- 2,968 sqft (on 0.25 acres)
4 Beds
3 Baths
2,968 sqft
(on 0.25 acres)
Home Value
Trulia Estimate
$1.09MSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Exterior Home Features Roof: CompositionExterior: VinylFoundation Type: Slab |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: Single Family HomeArchitecture: Modern |
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Lot Area: 0.25 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 | -- |
Sep 24, 2018 Source: Agent Provided | Pending | $399,900 |
Sep 11, 2018 Source: Agent Provided | PriceChange | $399,900 Price decreased by 5% |
Jul 16, 2018 Source: Agent Provided | PendingToActive | $419,000 |
Jun 29, 2018 Source: Agent Provided | Pending | $419,000 |
Jun 1, 2018 Source: Agent Provided | PriceChange | $419,000 Price decreased by 2% |
Oct 31, 2017 Source: Agent Provided | Listed For Sale | $429,000 |
Oct 1, 2017 Source: Agent Provided | ListingRemoved | $469,000 |
Jul 31, 2017 Source: Agent Provided | Listed For Sale | $469,000 |
May 21, 2017 Source: Agent Provided | ListingRemoved | $469,000 |
Apr 3, 2017 Source: Agent Provided | Listed For Sale | $469,000 |
Oct 2, 2016 Source: Agent Provided | ListingRemoved | $469,000 |
Mar 11, 2016 Source: Agent Provided | PriceChange | $469,000 Price decreased by 2% |
Nov 24, 2015 Source: Agent Provided | PriceChange | $479,000 Price decreased by 4% |
Nov 6, 2015 Source: Agent Provided | PriceChange | $499,000 Price decreased by 4% |
Oct 9, 2015 Source: Agent Provided | PriceChange | $519,000 Price decreased by 7% |
Aug 21, 2015 Source: Agent Provided | Listed For Sale | $559,000 |
Jul 8, 2014 Source: Agent Provided | ListingRemoved | $215,000 |
Jun 20, 2014 Source: Agent Provided | PriceChange | $215,000 Price decreased by 35% |
Mar 4, 2014 Source: Agent Provided | Listed For Sale | $330,000 |
Feb 11, 2014 Source: N/A | Sold | -- |
Aug 4, 2013 Source: Agent Provided | ListingRemoved | $486,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,966 | $809,847 |
Home facts updated by county records
Market trends in Kemp
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
153
16MoM
Around this home
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
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).

