Price Reduction - Waterfront
Address
101 Royal Circle, Tool, TX
Price
$ 500,000
Property Attributes
- MLS#21296754
- TypeSingle Family
- Listing Status Active
- CountyHENDERSON
- CityTool
- NeighborhoodLakeway Estate
- Zip75143
- StyleTraditional
- Year Built1969
- Taxes$ 10074
- Price$ 500,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3136
- Lot Size0.296 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Waterfront-Water View Retreat...Some homes have a backyard. This one has a lake...Escape to your own waterfront retreat where peaceful canal views and laid-back lake living create the perfect everyday getaway. Tucked away in a quiet cove, this inviting home offers an open-concept design with soaring wood-beamed ceilings that fill the living space with warmth and character. The spacious kitchen is thoughtfully designed with generous workspace and an easy flow into the main gathering areas, making it ideal for hosting family and friends. Portions of the home were designed with ADA accessibility in mind. Step outside and enjoy multiple decks overlooking the water, providing endless opportunities for morning coffee, sunset dinners, or relaxing by the lake. A detached bonus room offers flexible space for a home office, studio, fitness room, or guest retreat. The fully fenced property with gated entry adds privacy and peace of mind, while direct canal access makes it easy to launch a kayak, canoe, or gondola and explore the water at your own pace. Whether you're looking for a full-time residence or a weekend escape, this charming waterfront property offers the perfect blend of comfort, tranquility, and lakefront living. You're never be without electricity. The home is equipped with a 22 kW Wholehome Generac generator. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
| Elementary School |
|---|
| Malakoff Elementary School |
| Price History | |
|---|---|
| 7/31/2026 | Listed $549,000 |
| 8/22/2026 | 4$529,000 |
| 9/4/2026 | 6$500,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | MUD Sewer,MUD Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Cooktop,Microwave |
| Assoc Fees | 100 |
| School District | Malakoff ISD |
| HOA Fee Includes | Management Fees |
| Year Built | 1969 |
| Architectural Style | Traditional |
| Levels | Two |
| Unexempt Taxes | 10074 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Lakeway Estate |
| Transaction Type | For Sale |
| Carport Spaces | 1 |
| County | Henderson |
| Property Type | Residential |
| Construction Materials | Frame,Wood |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Full Baths | 2 |
| Status | Active |
| Directions | WEST ON 334 TO 274,SOUTH 4 MILES SOUTH OF SEVEN POINTS,TURN LEFT INTO LAKEWAY ESTS,ROYAL CIR IS 1ST LEFT. |
| City | Tool |
| Elementary School Name | Malakoff |
| High School | Malakoff |
| Elementary School | Malakoff |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21296754 |
| Virtual Tour URL Branded | www.zillow.com/view-imx/b90ac28b-2dc3-4c00-bb10-b037dd30b5d9/?utm_source=captureapp |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
Interior Features
| Interior Features | Open Floorplan,Vaulted Ceiling(s) |
|---|---|
| Flooring | Laminate,Tile |
| Fireplace Features | Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 7 |
| Lock Box Type | Supra |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Laundry Features | Dryer Hookup,Washer Hookup |
Exterior Features
| Waterfront | Yes |
|---|---|
| Fencing | Wrought Iron |
| Parking Features | Other |
| WaterFront Features | Lake Front,Retaining Wall – Steel |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 1 |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.2960 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Single Detached |
| Lot Size Square Feet | 12893.7600 |
| Lot Size Acres | 0.2960 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75143
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
