HomesTool › 201 Waikiki Trail
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$160,000

201 Waikiki Trail

Tool, TX 75143 · Paradise Bay · Henderson County
ActiveMLS #21377835 · Single Family Residence
3Beds
2Baths
1,257Sq Ft
0.201Acres
1990Built
Bestimate
$170,000 – $295,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 47 comparable homes currently listed in ZIP 75143 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

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!

Courtesy of Dalton Wade, Inc. — listing agent Kam Dalawy
Contact the listing firm: 727-888-4175

Home facts

Overview

Price
$160,000
Price per sq ft
$127
Status
Active
Property type
Single Family Residence
Year built
1990
Style
Traditional, Detached
Stories
1
Levels
One
Days on market
1

Bedrooms & bathrooms

Bedrooms
3
Full bathrooms
2
Living area
1,257 sq ft

Interior

Features
Pantry
Appliances
Electric Oven

Exterior & lot

Lot size
0.201 acres · 8,755.56 sq ft
Roof
Shingle
Foundation
Pillar Post Pier

Parking

Garage spaces
2 (attached)
Parking
Driveway, Garage

HOA & taxes

HOA
No
Annual property tax (per MLS)
$2,924

Utilities & efficiency

Utilities
Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Paradise Bay subdivision · Tool, TX 75143 · Henderson County

No mapped parks, dining, or shopping within about a mile and a half.

Listing updated Sep 4, 2026, 9:12 AM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 12:17 PM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 12:17 PM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.