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$549,000

101 Royal Cir, Tool, TX, 75143

$713,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.06 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringLaminate, Tile

Building Information

Year Built1969
Roof Type105
Garage Spaces1

Land Information

APN3310-0004-0350-63
Lot Number35
SubdivisionLakeway Ests (165)
Land UseResidential
Legal DescriptionLT 35 AB 93 F BROWN SUR, LAKEWAY ESTATES, BLK 4 LT 35
Census Tract950802
Assessed Land Value$198,000
Assessed Improvement Value$357,922
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$653,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$534,745Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$713,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

Interested in this property?

Pamela Washington

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$948/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$555,922
2025
$198,000
$357,922
$555,922
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$555,922

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Stand Alone First / Home Equity First Lien
$140,000
No
First
Nov 17, 2015
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,255
$534,745
81%
18%
$932/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tool

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