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Financing available

$349,500

721 Midway Road, Tool, TX 75143

3
beds: 2
baths: 1,672
sqft

Est. with seller financing: $3,099/mo

Single-family
Built in 2011
28,314 sq ft lot
$209/sqft
$5/mo HOA
Henderson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Beautiful waterfront home with 205ft of shoreline and a large covered back deck that is perfect for relaxing or entertaining. This home features a split bedroom floor plan with 3 bedrooms, 2 bathrooms, and a 2 car garage. The open living area has high ceilings and a cozy fireplace connected to a 500 gallon in-ground propane tank. The spacious master bedroom offers comfort and privacy, while the large mud room provides extra convenience. The back deck is prewired for sound, making it ideal for outdoor gatherings. Outside, you'll find an oversized detached garage, a fenced yard, and the home sits on 2 combined lots, giving you extra space and privacy. This is a great waterfront property with plenty of room to enjoy lake living.

Facts & features

Interior

Features

Open Floorplan

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Ceiling Fans, Electric

Appliances

Dishwasher
Electric Oven
Microwave
Vented Exhaust Fan

Fireplace

Fireplaces: 1
Propane

Exterior & lot

Construction

Style: Detached
Stories: 1
Roof: Composition
Foundation: Slab
Materials: Frame

Parking

Garage spaces: 2
Garage

Lot

Irregular Lot

Community

Neighborhood

Subdivision: Paradise Bay

HOA

PARADISE BAY POA

Schools

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

Financial & listing details

Listing

Price per sq ft: $209
County: Henderson
Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,099/mo

Down payment10% ($34,950)10%20%

See If You Qualify

Principal & interest: $2,531/mo
Property taxes: $400/mo
Homeowners insurance (est.): $163/mo
HOA dues: $5/mo

Loan amount: $314,550
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
Get qualified
We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.
2
Pick this home
Once you're approved, tell us this is the one. We handle the purchase from the seller.
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

Marty Goss

Coldwell Banker American Dream

903-887-7055

MLS #: 21390447

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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