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$379,000

NAL Estimated Property Value

109 Carrington Drive, Fate, TX, 75032

$400,296 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,315 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.63 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Laminate, Linoleum

Exterior

Lot Size1.01 acres

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN3244-000B-0005-00-0R
Lot Number5
SubdivisionCarrington Farms Addition Ph 2
Land UseResidential
Legal DescriptionCARRINGTON FARMS ADDITION PH 2, BLOCK B, LOT 5
Census Tract040408
Assessed Land Value$132,000
Assessed Improvement Value$236,315
Assessment Year2025

About this property

One acre lot and a new middle school being built around the corner Lots of living area and kitchen is open to the living room. Master is split from the other bedrooms 4th bedroom could be an office also has a formal dining room for those family and friend gatherings 2nd living area is very large and could be a media room you can have a great out door kitchen and plenty of room for a pool. No HOA fees and a great neighborhood This home has really great bones with some TLC it could be amazing. Selling as is no repairs to be done. Buyers check all MLS information for accuracy

Investor Tools

Property Icon
$379,000
Estimated Property Value
$0Estimated Mortgage Balance
$379,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$400,296
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,158
$368,315
2025
$132,000
$236,315
$368,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,158
$368,315

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$379,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
7.3%

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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109 Carrington Drive | Property Details | No Agent List