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$359,900

1109 Corbitt Ln, Fate, TX, 75189

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.44 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,793 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNS5352-000Q-0035-00-0R
Lot Number35
SubdivisionWoodcreek Ph 6c
Land UseResidential
Legal DescriptionWOODCREEK PH 6C, BLOCK Q, LOT 35
Census Tract040405
Assessed Land Value$93,100
Assessed Improvement Value$230,239
Assessment Year2025

About this property

FABULOUS 2 STORY WITH 5 BEDROOMS! 2.5 Bathrooms, 2 Car Garage, Plus Formal Dining and 5th Bedroom-Flex Room could be used as an Office or Bonus Room. Kitchen with Granite Counters, Stainless Appliances, Pantry & Breakfast Nook with Built-in Seating! Living Room with Vaulted Ceiling. Spacious Master with Lots of Counter Space in Master Bathroom! Other Features Include: Luxury Vinyl Plank Flooring, Neutral Colors, Open Floorplan, Large Front Porch for Relaxing, Laundry Room with Extra Storage, Loft Area, Outside Holiday Outlets, and Back Patio with Pergola. Neighborhood Amenities Include: Swimming Pool, Park, Playground, Jogging Path and Fitness Center! Conveniently Located to I-30!

Investor Tools

Property Icon
$323,339
Estimated Property Value
$345,824Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,293
$323,339
2025
$93,100
$230,239
$323,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,293
$323,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$345,824
Yes
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,537
N/A
0%
104%
$2,074/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,384/mo
+$966/mo
12.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1109 Corbitt Ln | Property Details | No Agent List