NOT LISTED FOR SALE

1116 Royal Way Tool, TX 75143

Estimated Value: $332,000 - $565,000

0.15 Acre
$3,345,786 Price per Acre
6,316 Sq Ft Lot

Last Sold June 27, 2023

Current estimated payment $3,366/month

22 Days on Market

Highlights

  • Lake Front
  • Docks
  • 1 Lake

About This Lot

As of June 2023

Lakeside living sure has a good ring to it! With this beautiful lakeside property you can make your very own paradise off the water. The waterfront concrete sidewalk above the retaining wall makes for a great place to kick back, fish, and enjoy the great outdoors. There's plenty of potential for the boat ramp to be made exactly how you want it.

Last Agent to Sell the Property

Ronnie Cromwell

City Real Estate License #0720220 Listed on: 05/23/2023

Last Buyer's Agent

Kevin Truong

Mercedes Realtors License #0715357

Property Details

Property Type

  • Land

Lot Details

  • 6,316 Sq Ft Lot
  • Lake Front
  • Chain Link Fence

Property Views

  • Lake Views

Schools

  • Tool Elementary School
  • Malakoff Middle School
  • Malakoff High School

Utilities

  • Co-Op Electric
  • Municipal Utilities District for Water and Sewer
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 48 / A
  • Assessor Parcel Number 39950001048063
  • $3,433 per year unexempt tax

Community Details

Overview

  • Voluntary home owners association
  • Royal Oaks HOA
  • Royal Oaks Subdivision

Recreation

  • Docks
  • 1 Lake

Property Details

Property Type

Land

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Lake Pump Y N: No
  • Attribution Contact: 972-878-2222
  • Special Features: None

Exterior Features

  • Easements: None
  • Fencing: Chain Link
  • Exterior Features: Dock
  • Number Of Lakes: 1
  • Waterfront: Yes
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt, Co-op Electric, Electricity Available, Individual Water Meter, MUD Sewer, MUD Water, Septic

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Type: Voluntary
  • Hoa Management Company: Royal Oaks
  • HOA Management Company: (000)000-0000

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Malakoff ISD
  • Elementary School: Tool

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.1450
  • Parcel Number: 39950001048063
  • Lot Size Acres: 0.1450
  • Lot Size Sq Ft: 6316.2000
  • Zoning Description: Residential
  • Present Use: Unimproved

Tax Info

  • Unexempt Taxes: 3433
  • Special Taxing Entities: No
  • TaxBlock: A
  • Tax Lot: 48

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • Middle School Name: Malakoff
  • Elementary School Name: Tool
  • High School Name: Malakoff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 28, 2023
Sold by
Gonzalez Guillermo and Gonzalez Rosa
Bought by
Ngo Phu
Seller's Agent
Ronnie Cromwell
City Real Estate
Buyer's Agent
Kevin Truong
Mercedes Realtors
List Price
$200,000
Views
10
Current Estimated Value
$485,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.79%

Purchase Details

Closed on
May 13, 1999
Sold by
John Hassell
Bought by
Gonzalez Guillermo and Gonzalez Rosa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ngo Phu -- None Listed On Document
Gonzalez Guillermo -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold -- -- --
06/14/2023 06/14/23 Pending -- -- --
06/04/2023 06/04/23 Off Market -- -- --
05/23/2023 05/23/23 For Sale $200,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,106 $574,259 $180,000 $394,259
2024 $10,106 $574,259 $180,000 $394,259
2023 $3,252 $180,000 $180,000 $0
2022 $3,541 $180,000 $180,000 $0
2021 $845 $39,000 $39,000 $0
2020 $882 $39,000 $39,000 $0
2019 $908 $39,000 $39,000 $0
2018 $899 $39,000 $39,000 $0
2017 $899 $39,000 $39,000 $0
2016 $899 $39,000 $39,000 $0
2015 $889 $39,000 $39,000 $0
2014 $881 $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20328663

North Texas Real Estate Information Systems (NTREIS)

APN: 3995-0001-0480-63

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