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For salePrice cut: $15K (9/30)
$485,000
3beds
1,983sqft

101 Royal Cir, Tool, TX 75143

3beds
1,983sqft
Single Family Residence
Built in 1969
0.3 Acres Lot
$473,500 Zestimate®
$245/sqft
$8/mo HOA

What's special

Direct canal accessGenerous workspaceSpacious kitchenSoaring wood-beamed ceilingsQuiet covePeaceful canal viewsDetached bonus room

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.

71 days
723
51
Source: NTREIS,MLS#: 21296754
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Pamela Washington 0663583 469-222-8880,

Orchard Brokerage 844-515-9880

Source: NTREIS,MLS#: 21296754

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
Primary bedroom
  • Level: First
  • Dimensions: 16 x 12
Bedroom
  • Level: First
  • Dimensions: 12 x 11
Bedroom
  • Level: First
  • Dimensions: 12 x 12
Primary bathroom
  • Level: First
  • Dimensions: 9 x 7
Dining room
  • Level: First
  • Dimensions: 15 x 10
Family room
  • Level: Second
  • Dimensions: 14 x 26
Living room
  • Features: Fireplace
  • Level: First
  • Dimensions: 19 x 16
Heating
  • Central, Electric
Cooling
  • Central Air, Electric
Appliances
  • Included: Dishwasher, Electric Cooktop, Microwave
  • Laundry: Washer Hookup, Dryer Hookup
Features
  • Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Laminate, Tile
  • Has basement: No
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
Interior area
  • Total interior livable area: 1,983 sqft

Property

Parking
  • Total spaces: 1
  • Parking features: Other
  • Carport spaces: 1
Features
  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Wrought Iron
  • On waterfront: Yes
  • Waterfront features: Lake Front
Lot
  • Size: 0.3 Acres
  • Features: Retaining Wall
Details
  • Parcel number: 33100004035063

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subtype: Single Family Residence
Materials
  • Frame, Wood Siding
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
Condition
  • Resale
  • Year built: 1969

Utilities & green energy

  • Utilities for property: Municipal Utilities, Sewer Available, Water Available

Community & HOA

Community
  • Subdivision: Lakeway Estate
HOA
  • Has HOA: Yes
  • Services included: Association Management
  • HOA fee: $100 annually
  • HOA name: Lakeway Ests Poa
  • HOA phone: 817-821-6046
Location
  • Region: Tool

Financial & listing details

  • Price per square foot: $245/sqft
  • Tax assessed value: $555,922
  • Annual tax amount: $10,074
  • Date on market: 7/31/2026
  • Cumulative days on market: 72 days
  • Listing terms: Cash,Conventional,FHA,VA Loan

Price history

DateEventPrice
9/30/2026Price change$485,000-3%$245/sqft
Source: NTREIS #21296754 Report a problem
9/4/2026Price change$500,000-5.5%$252/sqft
Source: NTREIS #21296754 Report a problem
8/22/2026Price change$529,000-3.6%$267/sqft
Source: NTREIS #21296754 Report a problem
7/31/2026Listed for sale$549,000+15.6%$277/sqft
Source: NTREIS #21296754 Report a problem
4/6/2023Listing removed--
Source: NTREIS #20041898 Report a problem
9/24/2022Listing removed$475,000$240/sqft
Source: NTREIS #20041898 Report a problem
7/12/2022Price change$475,000-13.3%$240/sqft
Source: NTREIS #20041898 Report a problem
6/1/2022Price change$548,000-6.3%$276/sqft
Source: NTREIS #20041898 Report a problem
4/28/2022Listed for sale$585,000+95%$295/sqft
Source: NTREIS #20041898 Report a problem
5/2/2020Listing removed$300,000$151/sqft
Source: Coldwell Banker American Dream #14066029 Report a problem
11/4/2019Price change$300,000-7.7%$151/sqft
Source: Coldwell Banker American Dream Realty #W88036 Report a problem
6/20/2019Price change$325,000-5.8%$164/sqft
Source: Coldwell Banker American Dream Realty #W88036 Report a problem
4/12/2019Listed for sale$345,000+43.8%$174/sqft
Source: Coldwell Banker American Dream Realty #88036 Report a problem
7/23/2018Listing removed$240,000$121/sqft
Source: Coldwell Banker American Dream #13894996 Report a problem
7/19/2018Listed for sale$240,000$121/sqft
Source: Coldwell Banker American Dream Realty #85785 Report a problem
10/12/2015Sold--
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025-- $555,922 +0%
2024-- $555,688 +4.5%
2023-- $531,701 +6.6%
2022-- $498,930
2021-- --
2020-- --
2019-- $211,000 +5.8%
2018-- $199,480 +1.3%
2017-- $196,950 +2.5%
2016-- $192,200
2015$4,340 $192,200
2014$4,340 $192,200
2013-- $192,200
2012-- $192,200
2011-- $192,200
2010-- $192,200
2009-- $192,200 +8.5%
2008-- $177,190
2007-- $177,190
2006-- $177,190 +24.4%
2005-- $142,490 +18.2%
2004-- $120,510 +2.1%
2003-- $118,060 +10%
2002-- $107,330
2001-- $107,330
2000-- --
1999-- --
Find assessor info on the county website

Monthly payment

Est. payment
$3,138/mo
Principal & interest
$2685
Property taxes
$445
HOA Fees
$8
More affordability toolsChevron Right

Estimated market value

$473,500

$450,000 - $497,000

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Tool

Nearby schools

Tool Elementary School
Grades PK-4 • 0.6 miles
9/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
9/10
Malakoff Middle School
Grades 7-8 • 9.8 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
3/10
Malakoff High School
Grades 9-12 • 10 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
6/10
Student Progress Rating
7/10