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About This Home

This 3-bedroom, 3-bathroom single family at 1505 Kanakoa Drive S in Tool, TX is listed for $575,000 ($235 per sqft). Built in 1980, the home offers 2,451 sqft of living space on a 0.33 acres lot.

Agent Description

REDUCED and Ready for new owners! Priced 75k Below recent appraisal!!

Flexible seller-financing option available

REDUCED and Ready for new owners! This is an amazing Lakefront Retreat with Stunning Views. Use as a vacation home or a VRBO or both!

This is a spacious and well-maintained 3-bedroom, 3-bath lake home that sleeps up to 15. Situated on a large, tree-shaded lot with panoramic water views, this property offers peace, privacy, and income potential.

Interior features include two living areas, two master suites, and a bonus bunk room that can serve as a fourth bedroom or office. The open-concept layout showcases rustic finishes with wood flooring, exposed beams, and roughed cedar ceilings. The kitchen is equipped with solid surface countertops, tile backsplash, double ovens, and a breakfast bar.

Enjoy outdoor living with a wraparound porch, built-in grilling station, and dedicated dining area. The boathouse includes a remote-controlled power lift for both boat and jet ski, plus a lake pump and full-yard sprinkler system. Ample parking is available on the large concrete drive.

Key Features

  • Built in 1980
  • 0.33 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
3 full
1980

Amenities

FireplaceWaterfrontView

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

1505 Kanakoa Drive S

Tool, TX 75143

Paradise Bay

Features & Amenities

Interior Features

Eat-in KitchenKitchen IslandOpen FloorplanPanelingPantrySecond Primary Bedroom

Exterior Features

Covered DeckCovered Patio/PorchDockFire Pit

Property Details

Flooring

Carpet

Construction

Vinyl Siding

Views

LakeWater

Heating

CentralElectric (Heating)Fireplace(s)Heat Pump (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

DishwasherWasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 1505 Kanakoa Drive S is listed at $575,000 ($235/sqft). The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 0.33 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: Eat-in Kitchen, Kitchen Island, Open Floorplan. Exterior Features: Covered Deck, Covered Patio/Porch, Dock.

This property is listed by Paul Ruth and can be reached at 9403001887 or dywhomes@gmail.com.

PR

Paul Ruth

Agent at RE/MAX Dallas Suburbs

(940) 300-1887

Listed by RE/MAX Dallas Suburbs · View on Broker Site

MLS# 21139135· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Kanakoa Drive S, Tool, TX 75143

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