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$449,000

Beds
3
Baths
2.0
sq ft
1,316

1120 Royal Way, Tool, TX 75143

1120 Royal Way

Tool, TX 75143

  • 1 day on market
Enjoy your peaceful time away from the hustle and bustle of the big city in this lakefront home! Charming 3 bedroom 2 bathroom home with an expansive open water frontage and a boat dock built in 2019.

Details

Property type

Single Family Residence

Est. home value

$452,450

Lot size

6,098.4 sq ft

Price per sq ft

$342

Year built

1972

Monthly HOA fee

$3.33

Price History

02/22/2025
NTREIS

NTREIS #20851701

Listed
$449,000
01/01/2025
NTREIS

NTREIS #20612481

Removed
08/28/2024
NTREIS

NTREIS #20612481

Price change
$529,000
-1.86%

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

School district: 

Malakoff ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$193,274
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$219,806
Cash to seller
$193,274

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2020

Original loan amount

$242,625

Est. remaining balance

$219,806

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Ariel Borejdo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/24/2025 at 2:20 AM

Listing updated: 02/23/2025 at 8:27 PM

Listed by: Ariel Borejdo, Ultra Real Estate Services Phone #: (972) 239-5902

MLS: NTREIS #20851701

NTREIS logo

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