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$324,900

1038 Manuel Drive, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.06 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,665 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APNS5383-000E-0043-00-MU
Lot Number43
Land UseResidential Sfr Non-Waterfront
Legal DescriptionWOODCREEK PHASE 9B, BLOCK E, LOT 43, MUD DISTRICT ACCOUNT
Census Tract040407
Assessed Land Value$90,000
Assessed Improvement Value$134,449
Assessment Year2023

About this property

Welcome to 1038 Manuel Drive in Fate—an adorable, better-than-new home filled with charm, style, and thoughtful upgrades throughout! This beautifully maintained 3-bedroom, 2-bath residence offers an inviting open-concept design with bright white cabinetry, stunning quartz countertops, designer light fixtures, and custom finishing touches that make it truly stand out from the rest. The spacious living and dining areas flow seamlessly into the gorgeous kitchen, creating the perfect space for everyday living and entertaining. Retreat to the oversized primary suite featuring a private ensuite bath and generous walk-in closet for the ultimate comfort and convenience. Step outside to enjoy the large backyard with plenty of room to play, garden, entertain, or simply relax. The extra wide and long driveway has been made to accommodate an oversized truck or multiple vehicles. With its modern finishes, custom additions, and move-in-ready condition, this home offers the perfect blend of character, functionality, and value. Don’t miss your opportunity to own this charming gem in the heart of Fate!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$0Estimated Mortgage Balance
$287,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Christy Mullins

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$224,449
2023
$90,000
$134,449
$224,449
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$224,449

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$287,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fate

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1038 Manuel Drive | Property Details | No Agent List