Tool Homes under $250,000

Welcome to Tool, Texas – a hidden gem nestled in the heart of Henderson County! This charming city offers a unique blend of small-town warmth and natural beauty, making it a perfect place for families, retirees, and anyone seeking a peaceful lifestyle. With its picturesque landscapes and friendly community, Tool is the ideal spot for those looking to escape the hustle and bustle of city life while still enjoying convenient access to nearby amenities.

One of the most appealing aspects of Tool is its affordability. With homes available for under $250,000, prospective buyers can find a variety of options that fit their budget without compromising on comfort or style. Whether you’re searching for a cozy starter home, a quaint cottage, or a spacious family residence, Tool has something for everyone. The real estate market here is diverse, offering properties that are perfect for first-time buyers or those looking to downsize.

In addition to its affordable housing, Tool boasts a wealth of recreational opportunities. Residents can enjoy nearby Lake Tyler for fishing, boating, and picnicking, or explore the scenic parks and trails that surround the area. The community hosts various events throughout the year, fostering a strong sense of camaraderie among neighbors.

If you’re looking for a place that combines affordability, charm, and a welcoming community, Tool, Texas, is the perfect destination. Come discover your dream home in this delightful city and experience the best of East Texas living!

Newest Tool Homes under $250,000

$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

$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

$125,000

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

$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

$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

$175,000

2 Beds ⋅ 1 Baths ⋅ 21301659 MLS

NEW AC and HOT WATER HEATER to be installed for buyer before closing! This charming two-bedroom, one-bath home sits on two lots and is within walking distance of Cedar Creek Lake. Located in the quiet, established community of Cedar Crest Shores, the property offers a peaceful setting ideal for a weekend getaway or a full-time residence. The home features an open-concept layout, a spacious covered porch perfect for relaxing, fenced backyard, and covered parking. Enjoy tranquil lake-area views and a welcoming neighborhood atmosphere. This property also presents a fantastic opportunity as an investment rental or for a first-time homebuyer.

521 Hilltop Dr, Tool

$125,000

1 Baths ⋅ 21297809 MLS

Rare opportunity to own 1.82 acres comprised of three combined lots with no known restrictions, offering exceptional flexibility for development, investment, or personal use. With all utilities on site and an existing septic system already installed, this property is primed for immediate use and future expansion. Whether you're envisioning a custom home, multi-generational retreat, rental property investment, or a long-term land hold, the possibilities are endless. Adding even more value, the sale includes two 40-foot storage containers, a 1997 RV Rall motorhome, and a remodeled 2001 school bus, all conveyed as non-realty items. These versatile additions provide convenient storage, workspace, or temporary living accommodations while you bring your vision to life. Don't miss this unique chance to secure a spacious property with infrastructure already in place and unlimited potential.

9428 Rolling Acres Rd, Tool

$42,750

2 Beds ⋅ 2 Baths ⋅ 21300904 MLS

MAJOR PRICE IMPROVEMENT! MOTIVATED SELLER! Come check out this great opportunity! Located in Tool, Texas. This 2 bedroom, 2 bath home has a large living room, attached carport, fenced back yard and more. Great location for a weekend getaway near Cedar Creek Lake in the Tradewinds Addition, this property delivers flexibility and potential in a great neighborhood. Located about an hour drive from Dallas, enjoy a quiet setting with convenient access to Cedar Creek Lake and surrounding areas. Cedar Creek Lake is one of the largest lakes in Texas, celebrated for its recreational lifestyle, boating, and bass fishing. Virtually staged-AI-enhanced photos illustrate potential improvements; see original photos for current condition. Property is being sold as is.

1805 Cherokee Trce, Tool

$159,900

2 Beds ⋅ 1 Baths ⋅ 21281965 MLS

Charming home on three lots in the desirable Cedarcrest Shores community at Cedar Creek Lake! Nestled on approximately .34 acres, this property offers a rare combination of space, privacy, and lake lifestyle living. Inside, you’ll find an inviting open-concept living area with original hardwood floors and a functional kitchen layout that flows easily for everyday living or weekend getaways. The spacious primary bedroom features direct access to the backyard, creating a seamless indoor-outdoor feel. Step outside to enjoy the large front deck—perfect for morning coffee or relaxing evenings—along with a fenced backyard, mature trees, and a storage shed for added convenience. With access from two streets, the property offers flexibility and ease of use. Located just minutes from the community’s private boat ramp and dock, you’ll have quick access to Cedar Creek Lake for fishing, boating, and enjoying the outdoors. Positioned on the west side of the lake, this home also provides an easy commute to Corsicana, Kaufman, and Dallas. Whether you're looking for a full-time residence, weekend retreat, or investment opportunity, this property offers incredible potential in a lake community setting.

1001 Leaning Oak Dr, Tool

$88,900

2 Beds ⋅ 1 Baths ⋅ 21266768 MLS

INVESTORS AND AFFORDABLE OPPORTUNITY seekers. Check this home out in the laid-back waterfront community of Cedar Crest Shores on beautiful Cedar Creek Lake! POSSIBLE OWNER FINANCING for this 2 BEDROOM 1 BATHROOM cabin built in 1971 on 2 LOTS totaling approximately 0.23 ACRES. Did you hear that? 2 Lots! almost a quarter of an acre! 99 feet on the road x 102 feet deep. This will give you elbow room to enjoy the outdoors without a neighbor on top of you. Features include an open living concept with a dine in kitchen and serving bar, an oversized utility room on the back of the house, and 2 oversized bedrooms, one full-size bathroom. The spacious covered front porch is perfect for relaxing and enjoying the peaceful setting beneath mature shade trees. Would you like a turn-key move in? The furniture and appliances can convey with the property. This lake neighborhood has a very nice community boat launch, large fishing pier, and picnic area for enjoying the lake lifestyle. Bonus! this neighborhood provides quick access to SH 274 which in turns provides an easy drive to your commuting destinations, restaurants, shopping, and entertainment. The neighborhood path to the Eight at Tool City Park just down the street from this home. The EIGHT has PICKLE BALL COURTS, PLAYGROUND, WALKING TRAIL, DOG PARK, and hosts seasonal events. Affordable lake area properties with this much potential are hard to find — bring your ideas and make this cabin your own!

613 Hilltop Dr, Tool

$125,000

3 Beds ⋅ 1 Baths ⋅ 21251687 MLS

Unlock the potential of this hidden gem just minutes from the lake! Located in a desirable location with strong upside, this fixer-upper offers a rare opportunity for investors, flippers, or buyers looking to create their own fishing retreat. Surrounded by natural beauty and recreational opportunities, this location is ideal for those seeking both tranquility and convenience. Whether you're looking to renovate and resell or hold and build equity, this is a project with serious potential. Bring your ideas and make this property shine—opportunities like this don’t last long! Approximate lot size of 0.25acres. Only lot 59 is included in this listing. Additional lot 58 is also for sale separately. MLS-21254113 SOLD AS IS

812 Cedarcrest Dr, Tool

Start Your Search

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.

Last updated: