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$277,927

1116 Kingsway, Tool, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.75 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Vinyl

Building Information

Garage Spaces2

Land Information

APN3995-0001-0200-63
Lot Number20
SubdivisionRoyal Oaks (231)
Land UseResidential
Legal DescriptionLT 20 AB 360 G HANCOCK SUR, ROYAL OAKS BLK A LT 20
Census Tract950801
Assessed Land Value$2,350
Assessed Improvement Value$275,577
Assessment Year2025

About this property

Seller offering $7500 incentives to buy down rates. Also, not pictured is new privacy fence coming in May! New construction in Tool, so close to Cedar Creek Lake you might feel the lake breezes on a hot summer day. This 3 bedroom, 2 full bath home will take your breath away upon entry. You will immediately see that the builder spared no expense, top quality flooring greets you as open the solid wood front door. Peering into the open floor plan, gazing upon the granite countertops in the kitchen and pendant lighting and even drawer pulls, you immediately feel welcome and at home. Split floor plan allows owner separation from guest rooms or home office. Home comes with all brand new appliances. Call your favorite Realtor today for a private viewing and make this home yours.

Investor Tools

Property Icon
$277,927
Estimated Property Value
$186,558Estimated Mortgage Balance
$92,178Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,867
$277,927
2025
$2,350
$275,577
$277,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,867
$277,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Unknown
$186,558
No
First
Feb 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,749
$92,178
33%
67%
$1,119/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.

Explore Texas Explore This Area
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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1116 Kingsway | Property Details | No Agent List