Your Agent

Rick Pleasants

Licensed REALTOR®

972-861-1156

Property Attributes

MLS#21377835
TypeSingle Family
Listing Status Active
CountyHENDERSON
CityTool
NeighborhoodParadise Bay
Zip75143
StyleTraditional
Year Built1990
Taxes$ 2924
Price$ 160,000
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage1257
Lot Size0.201 Acres

Data Source:

North Texas Real Estate Info Systems (NTREIS)

Property Description

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!

Elementary School
Malakoff Elementary School

Price History
9/3/2026	Listed $160,000

General Features

Utilities	City Sewer,City Water
Possession	Closing/Funding
Roof	Shingle
Appliances	Electric Oven
Number of Garage Spaces	2
School District	Malakoff ISD
Year Built	1990
Architectural Style	Traditional
Levels	One
Unexempt Taxes	2924
Will Subdivide	No
Property Subtype	Single Family Residence
Subdivision Name	Paradise Bay
Transaction Type	For Sale
County	Henderson
Property Type	Residential
HOA Type	None
Full Baths	2
Status	Active
Directions	From SH 274,turn west onto West Cedar Creek Parkway. Proceed a short distance and take a left onto Kontiki Drive,following it until you reach Kalura Way. Turn left onto Kalura Way,then take a quick r
City	Tool
Elementary School Name	Malakoff
High School	Malakoff
Elementary School	Malakoff
Virtual Tour URL Unbranded	https://www.propertypanorama.com/instaview/ntreis/21377835
Standard Status	Active

Interior Features

Interior Features	Pantry
Dining Areas	1
Living Areas	1
Room Count	4
Lock Box Type	Supra
Total Bedrooms	3
Total Baths	2
Laundry Features	Full Size W/D Area

Exterior Features

Parking Features	Driveway,Garage
Lot Size	Less Than .5 Acre (not Zero)
Covered Spaces	2
Foundation	Pillar/Post/Pier
Lot Size Area	0.2010
Lot Size Units	Acres
Structural Style	Single Detached
Garage Y/N	Yes
Lot Size Square Feet	8755.5600
Lot Size Acres	0.2010
Attached Garage Y/N	Yes