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Near-full density and crack-free AISI H13 hot-work tool steel was fabricated using laser-directed energy deposition (L-DED). Two different heat-treatment scenarios, i.e., direct tempering (ABT) from the as-built (AB) condition and systematization and quenching prior to tempering (QT), were investigated, and their effect on the microstructure, hardness, fracture toughness (K_app), and tempering resistance of the L-DED H13 is reported. For this purpose, the optimal austenitization schedule was identified, and tempering curves were produced. At a similar hardness level (500 HV1), QT parts showed higher K_app (89 MPa√m) than ABT (70 MPa√m) levels. However, the fracture toughness values obtained for both parts were comparable to those of wrought H13. The slightly larger K_app in the QT counterpart was discussed considering the microstructural homogenization and recrystallization taking place during high-temperature austenitization. The tempering resistance of the ABT material at 600 °C was slightly improved compared with that of the QT material, but for longer holding times (up to 40 h) and higher temperatures (650 °C), ABT showed superior resistance to thermal softening due to a finer martensite substructure (i.e., block size), a finer secondary carbide size, and a larger volume fraction of secondary V(C,N) carbides.