$565,000
- 3 Beds
- 2 Baths
- 1,812 sqft
401 Lake Dr, Tool, TX 75143
Est. Mortgage $3,943/mo*
Get Pre-QualifiedWe 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
-- mins to
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.
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 4 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
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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 |
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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 |
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Days on Market: 18 |
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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 |
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Price List Price: $565,000Price Per Sqft: $312 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: Active |
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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 |
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Listing Agent Listing ID: 21417475 |
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Community Features: Dock, Lake, OtherIs a Senior Community |
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HOA Fee Includes: All FacilitiesHOA Name: Arnold HillsHOA Phone: 000-000-0000Has an HOAHOA Fee: $150/Annually |
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Lot Area: 10628.64 sqft |
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Listing Terms: Cash, Conventional, Contract, 1031 Exchange, FHA, VA Loan |
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Mls Number: 21417475Living Area Range Units: Square FeetWater ViewAttribution Contact: 903-802-4438 |
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DockLakeOther |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
May 22, 2008 Source: Agent Provided | ListingRemoved | $255,900 |
May 9, 2008 Source: Agent Provided | PriceChange | $255,900 Price decreased by 7% |
Apr 25, 2008 Source: Agent Provided | Listed For Sale | $274,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,893 | $631,218 |
Home facts updated by county records
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.
Market trends in Kemp
Last updated September 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
148
8MoM
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
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 $4,039 (about $3,065 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.

