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$519,900

116 Dustin Dr, Fate, TX, 75189

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,823 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.17 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.66 acres

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN5002-000A-0011-00-0R
Lot Number11
SubdivisionSleepy Hollow Phase Iiia
Land UseResidential
Legal DescriptionSLEEPY HOLLOW PHASE IIIA, BLOCK A, LOT 11, ACRES 1.66
Census Tract040409
Assessed Land Value$212,480
Assessed Improvement Value$348,597
Assessment Year2025

About this property

Welcome to this rare opportunity in the highly desirable Sleepy Hollow community of Fate, Texas! Situated on an impressive 1.66-acre lot, this exceptional property offers the perfect blend of space, privacy, and convenience. The main residence features 2,132 square feet with 4 spacious bedrooms and 2.5 bathrooms, offering a functional layout designed for comfortable everyday living and entertaining. Recent updates include fresh interior paint throughout, brand-new kitchen appliances, upgraded light fixtures, and a beautifully renovated primary shower, giving the home a fresh, updated feel. A standout feature of this property is the detached 691 sq ft guest house ideal for multigenerational living with its own private entrance, complete with 1 bedroom, 1 full bathroom, living room, kitchen, and laundry room. Whether you're looking for a private space for extended family, guests, a home office, or potential rental income, this guest house provides incredible flexibility. Enjoy the peaceful setting of the beautiful Sleepy Hollow neighborhood while being just minutes from Fresh by Brookshire's, shopping, dining, schools, and convenient access to I-30. Opportunities like this are incredibly rare offering 1.66 acres, a fully equipped guest house, thoughtful updates throughout, and an unbeatable location. Don't miss your chance to own this one-of-a-kind property!

Investor Tools

Property Icon
$561,077
Estimated Property Value
$153,000Estimated Mortgage Balance
$459,554Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

Interested in this property?

Joanna Hernandez

Cattell Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,503
$561,077
2025
$212,480
$348,597
$561,077
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,503
$561,077

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$153,000
No
First
Mar 14, 2012
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,523
$459,554
81%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
N/A
+$3,350/mo
7.2%

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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