Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$200,000

1116 Royal Way, Tool, TX, 75143

$218,303 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,164 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Exterior FeaturesDock

Building Information

Year Built2023
Garage Spaces2

Land Information

APN3995-0001-0480-63
Lot Number48
SubdivisionRoyal Oaks (231)
Land UseVacant Land
Legal DescriptionLT 48 AB 360 G HANCOCK SUR, ROYAL OAKS BLK A LT 48, B/124----(I/O)
Census Tract950801
Assessed Land Value$180,000
Assessed Improvement Value$394,259
Assessment Year2025

About this property

Lakeside living sure has a good ring to it! With this beautiful lakeside property you can make your very own paradise off the water. The waterfront concrete sidewalk above the retaining wall makes for a great place to kick back, fish, and enjoy the great outdoors. There's plenty of potential for the boat ramp to be made exactly how you want it.

Investor Tools

Property Icon
$574,259
Estimated Property Value
$0Estimated Mortgage Balance
$574,259Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$218,303
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,446 /month
Positive
Cash Flow Estimate:
$1,149 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,081/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,106
$574,259
2025
$180,000
$394,259
$574,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,106
$574,259

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$574,259
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1116 Royal Way | Property Details | No Agent List