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$334,900

1042 Manuel Drive, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.32 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,886 sqft

Building Information

Garage Spaces2

Land Information

APNS5383-000E-0044-00-MU
Lot Number44
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionWOODCREEK PHASE 9B, BLOCK E, LOT 44, MUD DISTRICT ACCOUNT
Census Tract040407
Assessed Land Value$90,000
Assessment Year2023

About this property

Welcome to 1042 Manuel Drive in the beautiful Woodcreek Subsivision where style, comfort, and privacy come together in a beautifully maintained one-story home that truly shows like new. This four-bedroom, two-bath residence features an open and inviting layout enhanced by luxury vinyl plank flooring in a light wood tone, creating a fresh, modern feel throughout. The kitchen is a standout with crisp white cabinetry, sleek white quartz countertops, gas cooktop, large pantry, and a clean, timeless design that flows seamlessly into the living and dining spaces—perfect for everyday living and entertaining. Situated on a rare, oversized pie-shaped lot, this home is tucked into the corner of the street, offering a cul-de-sac-like setting with added privacy and minimal traffic. With no home behind, you’ll enjoy peaceful views and a sense of seclusion in your beautifully landscaped and fully fenced backyard—ideal for relaxing or hosting. Located in a community with scenic walking, hiking, and biking trails, this home offers both convenience and lifestyle. Move-in ready and meticulously cared for, this is one you won’t want to miss

Investor Tools

Property Icon
$615,000
Estimated Property Value
$0Estimated Mortgage Balance
$615,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$60/month
5.947%

Tax Information

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

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$90,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$615,000
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.

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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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1042 Manuel Drive | Property Details | No Agent List