Location
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.
Property Details
Price:
$500,000
MLS #:
21296754
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lakeway Estate
Listed Date:
Jul 30, 2026
Finished Sq Ft:
3,136
Lot Size:
12,893 sqft / 0.30 acres (approx)
Year Built:
1969
Schools
School District:
Malakoff ISD
Elementary School:
Malakoff
Middle School:
Malakoff
High School:
Malakoff
Interior
Bathrooms Full
2
Cooling
Central Air, Electric
Fireplace Features
Wood Burning
Fireplaces Total
1
Flooring
Laminate, Tile
Heating
Central, Electric
Interior Features
Open Floorplan, Vaulted Ceiling(s)
Number Of Living Areas
2
Exterior
Carport Spaces
1
Construction Materials
Frame, Wood
Fencing
Wrought Iron
Lot Size Area
0.2960
Waterfront Features
Lake Front, Retaining Wall – Steel
Financial

See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address101 Royal Circle Tool TX
- SubdivisionLakeway Estate
- CityTool
- CountyHenderson
- Zip Code75143
Subdivisions in Tool
- 5\’ Developer Strip Royal Oaks
- A0659
- Anchorage Condos
- Anchorage Condos Ph I
- Arnold Hills
- Arnold Hills Sub
- ARNOLD HILLS SUBD
- BROWN SUR
- Cedar Crk Center
- Cedarcrest Shores Estate
- Cedarcrest Shores Estates
- Deep Meadows
- Driftwood Beach
- Driftwood Beach Add
- Forest Acres
- Forest Park Add
- G HANCOCK SUR
- Heather Woods Add Sec 01
- Heather Woods Sec 02
- Heather Woods Sec 1
- Heather Woods Subdivision
- Island Oaks
- Island Oaks Sub
- Isle of View
- Isle of View I
- Ivys Woodlands Acres Sec A
- Jeremiah Crabb
- Lakeway Estate
- Lakeway Estates
- Mason Addition
- Meazells Cedar Shores
- Meazells Cedar Shrss Sec 02 P
- N
- Ng Russell A-660
- Paradise Bay
- Paradise Bay 1
- Paradise Bay Add
- Paradise Bay Sub
- Point of View
- Port Ocall Add
- Royal Oaks
- Royal Oaks Sec 01
- Royal Oaks Sub
- Tbt Rolling Acres
- The Groves at Cedar Creek
- The Groves at Cedar Creek Lake
- Thurman Estates 2
- Tool
- Trade Winds
- Trade Winds Add 01 Filing
- Trade Winds Add 2nd Filing
- Tradewinds Add
- Villa Cove
- WESTWOOD BEACH
- Westwood Beach #1
- Westwood Beach 01
- Westwood Beach Add
- Westwood Beach Sec 01
- Westwood Beach Sec 02
- Westwood Beach Sub Sec 2
- Wildwood Acres
- Wildwood Acres Add
- Windward Cove
Market Summary
Current real estate data for Single Family in Tool as of Sep 17, 2026
71
Single Family Listed
123
Avg DOM
244
Avg $ / SqFt
$487,666
Avg List Price
Property Summary
- Located in the Lakeway Estate subdivision, 101 Royal Circle Tool TX is a Single Family for sale in Tool, TX, 75143. It is listed for $500,000 and features 3 beds, 2 baths, and has approximately 3,136 square feet of living space, and was originally constructed in 1969. The current price per square foot is $159. The average price per square foot for Single Family listings in Tool is $244. The average listing price for Single Family in Tool is $487,666. To schedule a showing of MLS#21296754 at 101 Royal Circle in Tool, TX, contact your Aaron Layman Properties agent at 940-209-2100.

101 Royal Circle
Tool, TX




