Tool Homes under $400,000

Welcome to Tool, Texas—a hidden gem nestled in Henderson County that perfectly blends small-town charm with modern conveniences. Located just a stone's throw from the beautiful shores of Cedar Creek Lake, Tool is an ideal destination for those seeking a serene lifestyle without sacrificing accessibility to urban amenities. With its friendly community and picturesque landscapes, Tool offers a warm welcome to families, retirees, and everyone in between.

One of the most appealing aspects of Tool is its affordable housing market. If you're in the market for a home under $400,000, you're in luck! This vibrant community features a diverse array of properties that cater to various tastes and preferences. From cozy single-family homes to more spacious residences, you’ll find options that fit your budget while providing the comfort and style you desire.

Living in Tool means enjoying a slower pace of life, with opportunities for outdoor activities such as fishing, boating, and hiking, all just minutes away. The local parks and recreational areas are perfect for family outings and weekend adventures. Plus, with easy access to nearby towns like Athens and Mabank, residents can enjoy a wealth of shopping, dining, and entertainment options.

Whether you're looking to settle down or invest in a vacation home, Tool, Texas, presents an enticing opportunity. Explore our listings today and discover your dream home in this charming lakeside community!

Newest Tool Homes under $400,000

$114,000

3 Beds ⋅ 1 Baths ⋅ 21400951 MLS

THIS IS A GREAT PROPERTY ON APPROX .43 ACRE. WRAPPED MOBILE WITH ADD ON IN GOOD CONDITION, HAS LARGE LIVING WITH ROCK FIREPLACE, BEAUTIFUL ISLAND KITCHEN WITH GRANITE COUNTERTOPS, 3 BEDROOMS, 1 BATH, NICE ENCLOSED SUN PORCH, 1 CAR CARPORT IN FRONT AND NEWER METAL BARN HAS CARPORT FOR POSS 4 MORE CARS, WITH FAUCET FOR WASHING, LARGE STORAGE AREAS ON BOTH SIDES, HAS SEPARATE STORAGE BLDG, PROPERTY IS FENCED, HAS LARGE TREES INCLUDING 2 PECANS. WOULD MAKE A GREAT HOMEPLACE OR RENTAL. NOT FAR FROM CEDAR CREEK LAKE.

718 Suncrest Dr, Tool

$395,000

3 Beds ⋅ 2 Baths ⋅ 21397061 MLS

Discover your perfect getaway on the shores of Cedar Creek Lake. This charming home offers a peaceful, relaxing retreat to enjoy year-round. A brand-new Class 4 roof installed in 2025 provides added peace of mind, while the concrete walkway, deck, and railing create convenient access to the cove when water levels are at their peak. Surrounded by mature trees, the spacious lot offers abundant shade and natural beauty in every season. Gather around the built-in fire pit on cool evenings to make s’mores or enjoy time with family and friends. The property also includes additional space for parking your boat or additional vehicles. Whether you’re searching for a weekend retreat, vacation home, or investment property, this home combines comfort, convenience, and lakeside living. A nearby neighborhood boat ramp provides access to deep water, making it effortless to enjoy all that Cedar Creek Lake has to offer.

517 Shore Line Dr, Tool

$349,500

3 Beds ⋅ 2 Baths ⋅ 21390447 MLS

Beautiful waterfront home with 205ft of shoreline and a large covered back deck that is perfect for relaxing or entertaining. This home features a split bedroom floor plan with 3 bedrooms, 2 bathrooms, and a 2 car garage. The open living area has high ceilings and a cozy fireplace connected to a 500 gallon in-ground propane tank. The spacious master bedroom offers comfort and privacy, while the large mud room provides extra convenience. The back deck is prewired for sound, making it ideal for outdoor gatherings. Outside, you'll find an oversized detached garage, a fenced yard, and the home sits on 2 combined lots, giving you extra space and privacy. This is a great waterfront property with plenty of room to enjoy lake living.

721 Midway Rd, Tool

$69,000

2 Beds ⋅ 1 Baths ⋅ 21382520 MLS

Great opportunity near Cedar Creek Lake! This property is situated on two lots, 301 and 302, and is only minutes from the lake! Current condition yields options for a complete or extensive renovation or potentially a complete redevelopment based on the buyer's needs. In addition to the primary residence, the property includes a detached secondary structure with an additional bathroom, as well as a detached two-car garage allowing for ample storage or parking. At this price, it is being offered in its present condition, and the seller does not intend to make repairs, improvements, cleanout, or other modifications to the property prior to closing. Appliances and other fixtures or equipment are currently present at the property; however, no representation is made regarding their condition or operability. Buyers should independently verify through inspection. Please reach out to me for further information and pictures!

913 Woodland Trl, Tool

$289,000

3 Beds ⋅ 2 Baths ⋅ 21378323 MLS

Charming 3 Bedroom 2 Bath Cedar Creek Lake Retreat with beautiful water views! Enjoy the relaxed lake lifestyle in this inviting home situated just steps from Cedar Creek Lake. Surrounded by mature shade trees and offering views of the water, this property is filled with character and provides plenty of indoor and outdoor space for enjoying life at the lake. Inside, the home features a comfortable living area highlighted by a beautiful stone fireplace, abundant windows, and wood-look LVP flooring. The kitchen offers ample cabinetry and counter space, a breakfast bar, and an adjoining dining area, creating an easy flow for everyday living and entertaining. Multiple bedrooms provide plenty of room for family and guests, while numerous windows throughout bring in natural light. Outside is where this property really shines! Enjoy your morning coffee or evening sunsets from the spacious back deck overlooking the lake, or gather with friends on the large patio beneath the shade of mature trees. Additional features include extended concrete parking, storage building, plus a covered carport, —including a versatile space with electricity that offers excellent storage and utility options. Whether you're searching for a full-time residence, weekend lake getaway, or a VRBO property, this home offers the setting and charm that make Cedar Creek Lake living so special. Bring your ideas and start enjoying lake life!

1210 Aloha Rd, Tool

$145,000

3 Beds ⋅ 2 Baths ⋅ 21377835 MLS

Discover a fantastic lakeside retreat at 201 Waikiki Trail in the charming community of Tool, Texas. Nestled near the beautiful shores of Cedar Creek Lake, this wonderful three bedroom and two bathroom home offers the perfect setting for relaxing weekends or year round living. The spacious residence features a welcoming great room that is perfect for gathering after a day out on the water. A thoughtfully designed layout provides plenty of privacy, while the attached two car garage offers ample storage for vehicles and gear. What truly sets this listing apart is the extraordinary outdoor space. The sale includes two additional adjacent lots, giving you an incredibly rare and expansive footprint. This unparalleled space gives you the freedom to add a sprawling guest house for extended family, construct a lucrative short term rental property, or design an incredible outdoor oasis complete with a custom pool, outdoor kitchen, and a large workshop for all your lake toys. Alternatively, you can simply hold onto the extra land as a valuable investment in a highly sought after lake community. You will also enjoy excellent access to Cedar Creek Lake through the neighborhood community boat dock. Skip the crowded public marinas and easily launch into your weekend adventures, whether that means early morning fishing, afternoon wakeboarding, or simply watching spectacular Texas sunsets from the water. Located just over an hour from the Dallas and Fort Worth metroplex, this property offers the perfect balance of a quiet getaway and accessible convenience. Properties offering this unique combination of a comfortable existing home, community water access, and expansive acreage are incredibly rare. Bring your boat and start enjoying the ultimate lake lifestyle today!

201 Waikiki Trl, Tool

$90,000

2 Beds ⋅ 1 Baths ⋅ 21375052 MLS

Bring your vision and unlock the potential of this diamond in the rough in Wildwood Acres at Cedar Creek Lake! Situated on a spacious corner lot with mature trees, this 2-bedroom, 1-bath home offers an open floor plan, converted garage, covered carport, and plenty of room to make it your own. Whether you're searching for an affordable lake-area home, investment rental, weekend getaway, or flip project, this property offers a blank canvas ready for your finishing touches. With some additional finish-out and updates, there is an opportunity to transform this home and add value. The generous lot provides breathing room between neighbors, space for outdoor living, and potential for future expansion. An irrigation well provides a convenient water source for maintaining the yard. Located in a quiet waterfront neighborhood, Wildwood Acres offers a POA park with a playground, swimming area, and boat launch, making it easy to enjoy the Cedar Creek Lake lifestyle. Imagine mornings listening to the birds, afternoons on the lake, and evenings relaxing beneath the trees. If you're looking for a property where you can renovate, personalize, invest, or simply create your own country lake retreat, 2016 Gavin Rd is full of possibilities. Buyer to purchase their own survey. Information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information including but not limited to schools, city rules, and measurements.

2016 Gavin Rd, Tool

$399,000

3 Beds ⋅ 2 Baths ⋅ 21362199 MLS

Elevated open water views pair with lake access at this A-frame retreat in a Cedar Creek Lake community with a neighborhood boat ramp and dock providing convenient access for fishing, boating, and enjoying the water. Currently operating as a successful short-term rental, this property offers an excellent opportunity as a weekend getaway or income-producing investment. The 1,688 square foot, 3 bedroom, 2 bath layout is thoughtfully designed to maximize space and functionality, with two bedrooms and a full bath downstairs, ideal for guests. The open living area features soaring ceilings with modern wood detailing and flows into a well-appointed kitchen and built-in bar space perfect for gathering and entertaining. The main level offers low-maintenance sealed concrete floors and thoughtfully integrated storage throughout. Upstairs, a loft area at the top of the stairs provides a flexible space for a workspace, reading nook, or games area. The private primary suite is separated by a door for privacy and includes its own full bath, hardwood floors, and full-size closet. Luxury finishes are carried throughout, including waterfall countertops, upgraded fixtures, and modern walk-in showers in both bathrooms. Exterior features include a board-on-board cedar privacy fence creating a great yard space for pets or play, and gravel driveway. Located just over an hour from Dallas and near local favorites including Fig’s Backyard, Fig’s Steakhouse, Whatz-Up Fun Park, Cedar Creek Brewery, Triple N Winery, and boat rentals at Lone Star Marina, this property delivers the ideal Cedar Creek Lake escape with built-in investment potential. Furniture package available separately.

1219 Whispering Springs Dr, Tool

$290,000

3 Beds ⋅ 2 Baths ⋅ 21350309 MLS

Waterfront Move In Ready Property & PRICED TO SELL! Listed Nearly $60K Below Tax Value, This Turn-Key Cedar Creek Lake Retreat Offers Incredible Value, Unique Character, And Peaceful Water Views With Room For Future Upside. Designed To Bring The Outdoors In, This One-Of-A-Kind Home Features Multiple Living Spaces, A Cozy Wood-Burning Stove, Dining Area, And An Open Kitchen With A Large Island Perfect For Entertaining. The True Showpiece Is The Stunning Rotunda Room Surrounded By Windows That Flood The Space With Natural Light And Showcase Incredible Backyard Views. Upstairs, A Spiral Staircase Leads To The Oversized Primary Suite Featuring Two Large Walk-In Closets, A Soaking Tub, Walk-In Shower, And Private Balcony Overlooking The Water. A Perfect Place To Relax After A Day At The Lake. Downstairs Offers Two Guest Bedrooms And A Full Bathroom With Walk-In Shower, Giving Plenty Of Space For Family And Guests. Outside You’ll Find A Large Back Deck With Outdoor Bar, Spacious Backyard, Workshop, Carport, Driveway, And Additional Storage For All Your Lake Toys And Equipment. Enjoy Access To Two Community Parks Offering Boating, Fishing, Swimming, And Endless Lake Activities. Property will need a little exterior and interior cleaning to make it shine. An $18,000 Bid To Repair The Retaining Wall Has Already Been Obtained And Is Included In TransactionDesk. Pricing Reflects The Buyer Handling The Repair After Closing, Or Seller Can Complete The Work During Escrow With A Corresponding Price Increase.

2328 Wildwood Way, Tool

$150,000

2 Beds ⋅ 2 Baths ⋅ 21357170 MLS

Welcome to 509 Hillcrest Drive in Tool, Texas! This charming 2-bedroom, 1.5-bathroom home offers comfortable living on a spacious 0.410-acre lot in a desirable lake community near Cedar Creek Lake. Inside, you’ll find a practical layout with plenty of potential to make the home your own. Step outside and enjoy the generous, fully fenced yard—perfect for relaxing, entertaining, gardening, or simply enjoying the peaceful surroundings. The covered patio provides a great spot for outdoor gatherings, while the convenient carport offers covered parking. Additional outdoor space is provided by a storage shed with electricity, offering an ideal workshop, hobby area, or extra storage solution. Lake-area living comes with plenty of opportunities for recreation, and this community features a public boat ramp, pickleball court, disc golf course, and park, making it easy to enjoy the outdoors close to home. With Cedar Creek Lake nearby, boating, fishing, and lakeside recreation are all part of the lifestyle. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, 509 Hillcrest Drive offers a great combination of space, amenities, and proximity to Cedar Creek Lake. Come see what lake living in Tool, Texas, has to offer!

509 Hillcrest Dr, Tool

$325,000

2 Beds ⋅ 1 Baths ⋅ 21348355 MLS

New price reflects that seller is motivated to find the right buyer. Start your mornings on the front porch, coffee in hand, listening to the sounds of your livestock or horses on your own 10 acres. Located just minutes from Cedar Creek Lake, known for some of the best fishing and boating in East Texas, this property offers the perfect blend of privacy and convenience. This fully remodeled ranch home sits on 10 unrestricted acres outside city limits and features a private well, private septic system, and a durable metal roof. Enter through the front gates and follow the long winding drive to your new home. Inside, enjoy an open floor plan with room for an office or additional bedroom, along with luxury vinyl flooring throughout. In the kitchen you will love the stylish soft close cabinets, stainless steel appliances, and an island perfect for gathering. The bathroom offers a walk in shower and double vanity for added space in the mornings. Step outside to the rustic covered patio, an ideal spot to sit back and enjoy the peacefulness of country life. Great for horses, chickens, and other livestock, this is an excellent option for a working homestead or simply more space to spread out. Enjoy it as a full time residence or a weekend retreat to escape the hustle of Dallas, area restaurants, shopping, and medical facilities within convenient reach. Acreage, privacy, and a move in ready home in one package, now at a price that makes this opportunity even better. Schedule your showing today.

8846 County Road 2448, Tool

$29,000

1 Beds ⋅ 1 Baths ⋅ 21349877 MLS

Investor Special in Tool, TX! Unlock the potential of 405 Sunset Drive—an excellent opportunity for cash buyers, investors, flippers, landlords, or anyone looking for their next value-add project. Situated on a spacious lot, this property offers endless possibilities for renovation, rental income, or redevelopment. Whether you're searching for a fix-and-flip, buy-and-hold investment, or an affordable property to customize, this one is worth a look. This home needs TLC and is being sold AS-IS, making it the perfect investor special for those ready to add value through updates and repairs. Bring your vision, contractor, and creativity to transform this property into a profitable investment or long-term asset. Plenty of room for improvements, outdoor living, storage, or additional enhancements. Conveniently located near Cedar Creek Lake with easy access to local amenities, this property offers both investment potential and future upside. Opportunities like this don't come around often for buyers looking to build equity. Cash buyers preferred. Needs work, priced with potential in mind, and ready for its next chapter. Don't miss this chance to own an affordable fixer-upper, handyman special, investment property, rehab opportunity, or rental property in the growing Tool, Texas market. Schedule your showing today and bring your highest and best offer!

405 Sunset Dr, Tool

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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