721 Midway Road

Tool, TX
$ 399,500 Beds 3 Baths 2 Sq 1,672 Virtual Tour
Monthly Estimate* How much can I afford?

Beautiful waterfront home with 205ft of shoreline and a large covered back deck that is perfect for relaxing or entertaining. This home features a split bedroom floor plan with 3 bedrooms, 2 bathrooms, and a 2 car garage. The open living area has high ceilings and a cozy fireplace connected to a 500 gallon in-ground propane tank. The spacious master bedroom offers comfort and privacy, while the large mud room provides extra convenience. The back deck is prewired for sound, making it ideal for outdoor gatherings. Outside, you'll find an oversized detached garage, a fenced yard, and the home sits on 2 combined lots, giving you extra space and privacy. This is a great waterfront property with plenty of room to enjoy lake living.

Active

  • Price
  • $ 399,500
  • City
  • Tool
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENDERSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.65 Acres
  • Zip
  • 75143
  • Sqr Footage
  • 1,672
  • Year Built
  • 2011
  • Taxes
  • $ 4798
  • Style
  • Single Family Residence
  • MLS#
  • 21210654
Listed By: Coldwell Banker American Dream
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities City Sewer,MUD Water
Possession Negotiable
Roof Composition
Appliances Dishwasher,Electric Oven,Microwave,Vented Exhaust Fan
Assoc Fees 60
Number of Garage Spaces 2
School District Malakoff ISD
HOA Fee Includes Management Fees
Year Built 2011
Levels One
Unexempt Taxes 4798
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Paradise Bay
Accessibility Features Accessible Doors
Transaction Type For Sale
County Henderson
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Frame
Association Fee Frequency Annually
Year Built Details Preowned
HOA Type Mandatory
Full Baths 2
Status Active
Directions Hwy 274 to Kontiki,turn left to Kalura Way,turn left to Owhyhe Rd,turn right,go to Midway Rd,turn right.
City Tool
Elementary School Name Malakoff
High School Malakoff
Elementary School Malakoff
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21210654
Standard Status Active
Listing Terms Cash,Conventional,FHA

Interior Features

Interior Features Open Floorplan,Other
Fireplace Features Propane
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 4
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2

Exterior Features

Waterfront Yes
Lot Features Irregular Lot
Fencing Chain Link
Parking Features Garage
WaterFront Features Lake Front
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Slab
Lot Size Area 0.6500
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 28314.0000
Lot Size Acres 0.6500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Malakoff Elementary School
Middle School Unknown Middle School
High School

Price History

3/17/2026 Listed $399,500

Property vs Zip Code Average in 75143

Price
AVG $630K
$400K
Taxes
AVG $6,201
$4,798
Year Built
AVG 1996
2011
Visits
AVG 212
569
Data Provided by Inside Real Estate®

Areas That We Cover

721 Midway Road Tool, TX is a Single Family Home for sale at $399500 with 1672 sqft and a lot size of 0.65 Acres Acre(s). 721 Midway Road Tool has 3 bedrooms, 2 baths and was built in 2011. The property's zip code is 75143 which is in Tool, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.