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$450,000

118 Haley Dr, Fate, TX, 75189

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.25 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size23,522 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN5002-000B-0010-00-0R
Lot Number10
SubdivisionSleepy Hollow Phase Iiia
Land UseResidential
Legal DescriptionSLEEPY HOLLOW PHASE IIIA, BLOCK B, LOT 10, ACRES .54
Census Tract040409
Assessed Land Value$160,000
Assessed Improvement Value$264,147
Assessment Year2025

About this property

A Rare Opportunity for Space, Flexibility & No HOA in Rockwall County! If you’ve been searching for a home with a little more room to breathe, this one is a must-see! Situated on just over half an acre, this charming corner-lot property offers great curb appeal, a quiet neighborhood, and the freedom of no HOA. Bring your RV or boat, build the shop you’ve always wanted, and enjoy the space to make this property truly your own. Located in a rapidly growing community, this home offers convenient access to shopping, restaurants, parks, entertainment, and everyday amenities, making it easy to enjoy all that Fate and the surrounding Rockwall County area have to offer. Inside, the completely remodeled kitchen is a true highlight and is sure to be the gathering place for family and friends. The kitchen features updated appliances, abundant cabinetry, a center island, beautiful countertops, a large pantry, and plenty of storage. With multiple options for dining and entertaining, this versatile space is designed for both everyday living and hosting guests. The inviting living room features a beautiful fireplace with mantel and flows effortlessly into the adjoining living spaces. The desirable split-bedroom floor plan provides privacy for the spacious primary suite, which includes a large walk-in closet. The ensuite bath offers dual vanities and a relaxing jetted tub. The secondary bedrooms are generously sized and feature larger closets, while a convenient half bath serves the main living areas. Newer recessed lighting and fixtures add a fresh, updated feel throughout. the home. Additional updates include a newer roof, HVAC system, water heater, and more. The oversized garage provides additional storage, and the corner-lot location offers convenient access to the backyard. With over half an acre, no HOA, a remodeled kitchen, spacious living areas, and plenty of room for your outdoor plans, this property offers a rare combination of comfort, flexibility, and location.

Investor Tools

$249,331Estimated Mortgage Balance
$192,669Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Jody Crocker

1st Choice Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,352
$424,147
2025
$160,000
$264,147
$424,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,352
$424,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Conventional
$270,000
No
First
Jul 5, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,331
$192,669
43%
56%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,619/mo
+$951/mo
7.0%

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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