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Financing available

$485,000

101 Royal Circle, Tool, TX 75143

3
beds
2
baths
1,983
sqft

Est. with seller financing: $4,586/mo

  • Single-family
  • Built in 1969
  • 12,894 sq ft lot
  • $245/sqft
  • $8/mo HOA
  • Henderson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

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.

Facts & features

Interior

Features

  • Open Floorplan
  • Vaulted Ceilings

Heating & cooling

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Flooring

  • Laminate
  • Tile

Appliances

  • Dishwasher
  • Electric Cooktop
  • Microwave

Fireplace

  • Fireplaces: 1
  • Wood Burning

Laundry

  • Washer Hookup
  • Dryer Hookup

Exterior & lot

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition
  • Foundation: Pillar Post Pier
  • Materials: Frame, Wood Siding

Lot

  • Retaining Wall

Community

Neighborhood

  • Subdivision: Lakeway Estate

HOA

  • Lakeway Ests POA

Schools

  • District: Malakoff ISD
  • Elementary: Malakoff
  • Middle: Malakoff
  • High: Malakoff

Financial & listing details

Listing

  • Price per sq ft: $245
  • County: Henderson
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$4,586/mo

Principal & interest
$3,512/mo
Property taxes
$840/mo
Homeowners insurance (est.)
$226/mo
HOA dues
$8/mo
Loan amount
$436,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

Listing information

Listing courtesy of

Pamela Washington

Orchard Brokerage

844-515-9880

MLS #
21296754

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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