401 Lake Dr, Tool, TX 75143
Property image
Property image
FOR SALE
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$565,000

  • 3 Beds
  • 2 Baths
  • 1,812 sqft

401 Lake Dr, Tool, TX 75143

Est. Mortgage $3,985/mo*
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We estimate this home will sell faster than 89% nearby.

Home Highlights

Single-Family Home
Built in 1972
$312/sqft
Garage
HOA $13/mo

Local Information

  • Map ViewExplore the area around 401 Lake Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Thoughtful layoutTerraced landscapingBreathtaking water viewsAdditional living spaceOutdoor fireplaceConvenient garage
Stunning 3-bedroom, 2-bath home on Cedar Creek Lake in sought-after Arnold Hills with breathtaking water views. Enjoy relaxing evenings by the outdoor fireplace while taking in the peaceful setting of the lake and surrounding trees. The top boat deck, and boat lift are new. The retaining wall has been newly redone, making every day on the water effortless. This home also offers a convenient garage plus an additional detached space that can be the perfect mother-in-law suite or a private playhouse, giving you flexibility for guests, family, or extra living needs.
Step outside to a spacious extended back patio designed for unwinding, entertaining, and soaking up the natural beauty. The home features terraced landscaping and a welcoming circle drive with a beautiful entrance into a community that truly has it all, including a community boat dock, park, plus a pickleball court for fun and connection.
Inside, you will find an additional living space where you could possibly enjoy your favorite book. The third bedroom makes the ideal bunk room, flex space, or cozy retreat. With its thoughtful layout, serene lake lifestyle, and room to grow, this home is a wonderful option for a second home or a comfortable retirement space where you can enjoy Cedar Creek Lake for years to come.
Last check for updates: about 3 hours ago
Listing courtesy of Lynsey Grissom 0654430, (903) 802-4438
Keller Williams Realty, 903-802-4438
Source: NTREIS, MLS#21417475
We estimate this home will sell faster than 89% nearby.

Home Details for 401 Lake Dr

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1812 Square Feet
Appliances & Utilities
Utilities: Municipal Utilities, Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Electric Cooktop, Electric Oven, DisposalDishwasherDisposal
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Outside, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Tile, Vinyl
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: Boat House, Storage, WorkshopExterior: Boat Slip, Dock, Rain GuttersFoundation: Combination
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Circular Driveway,Garage Faces Front,Garage,Workshop in Garage
Pool
Pool: None
Frontage
WaterfrontWaterfront: Boat Dock/Slip, Lake Front, WaterfrontOn Waterfront

Days on Market

Days on Market: 18

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Ranch
Building
Construction Materials: BrickNot Attached Property
Property Information
Condition: ResaleParcel Number: 20300001030050

Price & Status

Price
List Price: $565,000Price Per Sqft: $312
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: ToolCommunity: Arnold Hills Sub
School Information
Elementary School: LakeviewElementary School District: Mabank ISDJr High / Middle School: MabankJr High / Middle School District: Mabank ISDHigh School: MabankHigh School District: Mabank ISD

Agent Information

Listing Agent
Listing ID: 21417475

Community

Community Features: Dock, Lake, OtherIs a Senior Community

HOA

HOA Fee Includes: All FacilitiesHOA Name: Arnold HillsHOA Phone: 000-000-0000Has an HOAHOA Fee: $150/Annually

Lot Information

Lot Area: 10628.64 sqft

Offer

Listing Terms: Cash, Conventional, Contract, 1031 Exchange, FHA, VA Loan

Miscellaneous

Mls Number: 21417475Living Area Range Units: Square FeetWater ViewAttribution Contact: 903-802-4438

Additional Information

DockLakeOther

Price and Tax history

DateEventPrice
Oct 22, 2026
Source: NTREIS #21417475
Listed For Sale
$565,000
Apr 9, 2018
Source: Agent Provided
ListingRemoved
$325,000
Mar 30, 2018
Source: Agent Provided
PendingToActive
$325,000
Mar 7, 2018
Source: Agent Provided
Pending
$325,000
Feb 7, 2018
Source: Agent Provided
Listed For Sale
$325,000

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.

Market trends in Kemp

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
148
8
MoM
Sourced by Trulia Market Trends

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
-
02/24/26
2
2
1,008
1.08
Single-Family Home
-
04/30/26
3
2
1,530
0.40
Single-Family Home
-
06/30/26
5
4
3,063
1.27
Single-Family Home
-
01/30/26
3
2
1,638
1.14
Single-Family Home
-
05/08/26
4
2
1,980
1.19
Single-Family Home
-
02/12/26
3
2
1,382
1.29
Single-Family Home
-
04/29/26
3
2
1,410
1.38
Single-Family Home
-
01/07/26
3
2
1,557

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
0.00
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.01
$556,200
2
1
1,676
Off Market
0.02
$383,900
3
2
1,528
Off Market
0.03
$579,100
3
2.5
1,552
Off Market
0.03
$312,000
Studio
8
1,680
Off Market
0.04
$307,500
4
4
2,320
Off Market
0.04
$1,063,500
4
3
2,968
Off Market
0.05
$148,600
Studio
5
836
Off Market
0.05
$111,600
Studio
-
600
Off Market
0.05
$160,000
Studio
-
1,824
Off Market
0.05
-
Studio
-
-
Off Market
0.05
$1,174,800
Studio
-
5,101
Off Market
0.06
$605,400
3
2
2,200
Off Market
0.06
$96,200
2
1
836
Off Market
0.06
$325,000
Studio
7
1,200
Off Market
0.06
$286,500
Studio
5
1,938
Off Market
0.06
$749,100
Studio
8
2,022
Off Market
0.07
$141,800
Studio
5
912
Off Market

LGBTQ Local Legal Protections

Lynsey Grissom, Keller Williams Realty, 903-802-4438
Agent Phone: (903) 802-4438
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 401 Lake Dr

  • What is the estimated monthly payment for 401 Lake Dr?
    Based on a $565,000 list price with 20% down at today's rates, the estimated monthly payment for 401 Lake Dr in Tool, TX is approximately $4,007 (about $3,033 principal & interest, $899 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 homes for sale in Tool, TX.
  • What are the closest schools to 401 Lake Dr?
    The closest schools to 401 Lake Dr in Tool, TX are Lakeview Elementary School (Pre-K, rated 7/10), Mabank High School (rated 6/10), Mabank Intermediate School (Elementary, rated 4/10).
  • Does 401 Lake Dr have air conditioning?
    Yes, 401 Lake Dr in Tool, TX has air conditioning.
  • How big is the lot at 401 Lake Dr?
    The lot at 401 Lake Dr in Tool, TX is about 0.24 acres (10,629 sq ft).
  • Does 401 Lake Dr have a garage?
    Yes, 401 Lake Dr in Tool, TX has a garage.
401 Lake Dr, Tool, TX 75143 is a 3 bedroom, 2 bathroom, 1,812 sqft single-family home built in 1972. This property is currently available for sale and was listed by NTREIS on Oct 22, 2026. The MLS # for this home is MLS# 21417475.