- Henderson County
- Tool TX
- 75143
- Local Area: Lakeway Estate
Property Overview
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.
Featured spaces
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Property highlights
Year Built 1969
School District Malakoff Isd
HOA $100 Annually
Parking 1 covered spaces
Architecture Traditional, Detached
Fireplace 1 Fireplaces
Neighborhood Lakeway Estate
Full Property Details
Property Details
Quick Details
- Price $465,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,983 Sq Ft
- Lot Size 0.3 acres
- Lot Size Sq Ft 12,894
- Year Built 1969
- Price / Sq Ft $234 / Sq Ft
- MLS # 21296754
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Henderson
- Subdivision Lakeway Estate
- Days on Market 86
Home Details
- Architectural Style Traditional, Detached
- Stories 2
- Levels Two
- Full Baths 2
- Half Baths 0
- Construction Frame, Wood Siding
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Laminate, Tile
- Heating Central, Electric
- Cooling Central Air, Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Microwave
- Interior Features Open Floorplan, Vaulted Ceilings
- Laundry Features Washer Hookup, Dryer Hookup
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Lot Features Retaining Wall
- Fencing Wrought Iron
- Pool No
- Waterfront Features Lake Front
Parking
- Parking Other
- Garage Spaces 0
- Covered Parking 1
- Attached Garage No
Taxes & HOA
- Annual Taxes $10,074
- HOA Fee $100 Annually
- HOA Includes Association Management
- Parcel Number 33100004035063
- Legal Description LT 35 AB 93 F BROWN SUR, LAKEWAY ESTATES, BLK
- Tax Block 4
- Tax Lot 35
Utilities
- Utilities Municipal Utilities, Sewer Available, Water Available
Schools
- School District Malakoff ISD
- Elementary Malakoff — Malakoff ISD
- Middle Malakoff — Malakoff ISD
- High Malakoff — Malakoff ISD
Listing Information
- Listing Agent Pamela Washington
- Brokerage Orchard Brokerage
- MLS Board NTREIS
- List Date 07/30/2026
- Source Updated 10/24/2026
- Last Updated 10/24/2026
- Virtual Tour View Virtual Tour (Zillow)
Explore in 3D
Property Tax & CAD Valuation for 101 Royal Circle
Henderson CAD (Pritchard & Abbott) records for 101 Royal Circle, Tool, TX 75143 show a CAD market value of $555,922 and a net appraised value of $555,922. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 101 Royal Circle, Tool, TX 75143, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $198,000 + Improvement Value $357,922 = CAD Market Value $555,922
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
LIVING AREA
Value: $146,763 Total Area: 1568 Sqft Living Area: 1568 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 1,568 Sqft |
LIVING ANNEX
Value: $146,763 Total Area: 1568 Sqft Living Area: 1568 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING ANNEX | LX | 1,568 Sqft |
CARPORT/CONCRETE FLOOR
Value: $33,696 Total Area: 360 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| CARPORT/CONCRETE FLOOR | CP | 360 Sqft |
PATIO SLAB
Value: $19,469 Total Area: 208 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PATIO SLAB | PL | 208 Sqft |
STORAGE
Value: $11,232 Total Area: 120 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| STORAGE | SS | 120 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
Local taxing jurisdictions reflect taxable value reductions below appraised value. The CAD source did not disclose specific exemption codes.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $555,922 − All Current CAD Reductions $0 = Current Taxed Starting Point $555,922
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Malakoff ISD); reflects current CAD record, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: Henderson CAD (-$555,922), Emergency Svs Dist #4 (-$555,922), Henderson Co R&b (-$555,922), Henderson County (-$555,922), Henderson Co Fm-fc (-$555,922), City Of Tool (-$555,922), Trinity Valley Comm (-$555,922).
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$0 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #4 |
$0 | 0.0750 | $417 | -$417 | $0 |
|
County
HENDERSON CO R&B |
$0 | 0.0172 | $96 | -$96 | $0 |
|
County
HENDERSON COUNTY |
$0 | 0.2743 | $1,525 | -$1,525 | $0 |
|
County
HENDERSON CO FM-FC |
$0 | 0.0400 | $222 | -$222 | $0 |
|
School District
MALAKOFF ISD |
$0 | 0.9169 | $5,097 | -$5,097 | $0 |
|
City
CITY OF TOOL |
$0 | 0.3751 | $2,085 | -$2,085 | $0 |
|
Other Entity
TRINITY VALLEY COMM |
$0 | 0.1137 | $632 | -$632 | $0 |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Emergency Services District (ESD): A special district providing emergency services and fire protection.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $10,074 − Est. Tax Reductions / Savings $10,074 = Est. Taxes (With Current Exemptions) $0
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $10,074. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $70,400 | $206,900 | $277,300 | $277,300 | +$20,475 / +7.97% |
| 2022 | $198,000 | $300,927 | $498,927 | $498,927 | +$221,627 / +79.92% |
| 2023 | $198,000 | $333,701 | $531,701 | $531,701 | +$32,774 / +6.57% |
| 2024 | $198,000 | $357,688 | $555,688 | $555,688 | +$23,987 / +4.51% |
| 2025 | $198,000 | $357,922 | $555,922 | $555,922 | +$234 / +0.04% |
| 2026 | $198,000 | $357,922 | $555,922 | $555,922 | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $465,000 − Current CAD Market Value $555,922 = Under CAD Value -$90,922 (-16.4%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND LAKEWAY ESTATE
A curated look at local favorites, everyday stops, and lifestyle context near this property.