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#20976284, Ashley Mills, Listing office: Monument Realty
Property details
About 1120 Royal Way
3-bedroom, 2-bath open-concept layout perfect for lakeside living. The kitchen features granite countertops with plenty of cabinet space and flows effortlessly into the living and dining areas. A versatile bonus room can serve as a fourth bedroom, home office, or flex space. Enjoy peace of mind with newly installed windows in front of home, brand-new gutters and a fresh coat of paint on front of home. This home would make a great VRBO property when you aren't spending time here. The enclosed porch is a great place to relax, read a book, or just enjoy the water views. Step outside to your boat dock built in 2019 and embrace life on the water with approximately 60 foot of water frontage — perfect for fishing, boating, or simply relaxing. This is lake living at its best! Schedule a showing today.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,316 sqft
Lot size0.14 Acres
Year built1972
ParkingAdditional Parking, Carport, Driveway, Oversized
MLS #21011435
WaterfrontLake Front, Waterfront
FireplaceLiving Room, Wood Burning
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Electric Water Heater
- Basement: No
- Interior: Granite Counters, Open Floorplan, Paneling/Wainscoting
- Fireplace: Living Room, Wood Burning
- Total Bedroom Count: 3
- Parking: Additional Parking, Carport, Driveway, Oversized
- Waterfront: Lake Front, Waterfront
- Exterior: Boat Slip, Rain Gutters, Storage
- Architectural Style: Detached
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $415,000
- Price/SqFt: $315
- HOA Amount: $60 Annually
- Annual Tax Amount: $6,815
- Tax Year: 2023
- Lot: Waterfront
- Directions: Hwy 274 to Royal Oaks go down Kings way to Royal Way property will be on your left.
- Year Built: 1972
- Living Area: 1,316 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 21011435
- MLS Name: NTR
- Office Name: Ebby Halliday Realtors
- Office Phone: (903) 340-8590
- Listing Agent: Robbin Long
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 7/25/2025, 6:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $378,290 | $6,815 |
| 2022 | $378,290 | $7,425 |
| 2021 | $180,590 | $3,890 |
| 2020 | $169,420 | $3,808 |
| 2019 | $160,290 | $3,720 |
| 2018 | $137,680 | $3,206 |
| 2017 | $135,750 | $3,128 |
History based on county public records data.
Nearby schools
7
Tool Elementary School
Public District PK-5
2.0 mi
•1201 S Tool Dr
8
Lakeview Elementary School
Public District KG-4
3.7 mi
•306 Harbor Point Rd
7
Southside Elementary School
Public District PK-4
5.2 mi
•109 Paschall Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,718. Residents of Tool, TX typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
46%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
11%
Single, with Kids
33%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1120 Royal Way
The listing price of 1120 Royal Way property is $415,000.
The property 1120 Royal Way is a house located in Tool, Texas, 75143.
Active Listing: 1120 Royal Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1120 Royal Way are: Tool Elementary School (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 7/10), Mabank Jr High School (GreatSchools Rating 6/10), Mabank Intermediate School (GreatSchools Rating 3/10), Kemp Jr High School (GreatSchools Rating 2/10), Mabank High School (GreatSchools Rating 5/10), Kemp High School (GreatSchools Rating 4/10), Kemp Alternative (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,815 (source: MLS/based on county public records data).
The property at 1120 Royal Way has 3 bedrooms and 2 bathrooms.
The property 1120 Royal Way is 1,316 SqFt (source: MLS/tax record).
The year of construction for 1120 Royal Way is 1972.
This home is located at 1120 Royal Way in Tool, TX and zip code 75143. This 1,316 square foot home, which was built in 1972, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $415,000.
In June 2025 in Tool, TX there were 3.3% more homes for sale than in May. Listings spent 105 days on the market in June 2025, and had a median list price of $334,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.