311 Oak Lane new Save Request In-Person Tour Request Virtual Tour
Tool,TX 75143
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $195
Subdivision Arnold Hills Sub
MLS Listing ID 20768073
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 1976
Lot Size 3.139 Acres
Property Description
Search address on YouTube for walk-through video. Short Term Rental bringing in almost $100,000 a year on Cedar Creek Lake! This rare property on Cedar Creek Lake consists of 12 lots that comprise 3+ gorgeous acres of a beautiful lake community (only voluntary HOA) with lots of trees for added seclusion. 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!
Location
State TX
County Henderson
Rooms
Dining Room 2
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Tile,Wood
Exterior
Exterior Feature Balcony,Covered Deck,Covered Patio/Porch,Dock,Fire Pit,Outdoor Grill,RV/Boat Parking,Storage
Utilities Available All Weather Road,City Sewer,Electricity Connected
Waterfront Yes
Waterfront Description Canal (Man Made),Dock – Uncovered,Lake Front
Roof Type Composition
Building
Lot Description Many Trees,Subdivision,Water/Lake View,Waterfront
Story Two
Foundation Slab
Structure Type Siding
Schools
Elementary Schools Southside
High Schools Mabank
School District Mabank Isd
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan