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$708,000

1227 Calebria Way, Fate, TX, 75087

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.41 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Oven, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,102 sqft

Building Information

Year Built2023
Stories1
Garage Spaces3

Land Information

APN4447-000A-0012-00-0R
Lot Number12
Land UseResidential Sfr Non-Waterfront
Legal DescriptionMONTERRA PHASE 1A BLK A LOT 12
Census Tract040407
Assessed Land Value$70,000
Assessed Improvement Value$525,416
Assessment Year2025

About this property

Discover luxury living in the highly sought after Monterra community in Fate, Texas with this stunning single family home located at 1227 Calabria Way. Built in 2023 and offering 3,716 square feet of thoughtfully designed living space, this two story residence features 5 spacious bedrooms, 4 full bathrooms, 3 living areas, 2 dining areas, and a dedicated media room, providing ample space for both everyday living and entertaining. The open concept kitchen is a true showpiece with built in cabinets, granite countertops, a large island, walk in pantry, and water line to the refrigerator, seamlessly flowing into the inviting living room with a gas fireplace and ceiling fans. The primary suite offers a private retreat with dual sinks, separate vanities, a garden tub, separate shower, and a generous walk in closet. Additional bedrooms include ensuite and jack and jill bath options, ideal for guests or multi generational living. Situated on a 0.186 acre lot with covered patio, rock and wood fencing, and great curb appeal, this brick home also features a three car attached garage, central air and electric heating, tankless water heater, and smart home capabilities. Located in Rockwall ISD with Billie Stevenson Elementary, Herman E Utley Middle, and Rockwall High School, residents enjoy access to community amenities and convenient proximity to shopping, dining, and major highways. Call the listing agent today for more details and to schedule your private tour of this exceptional home!

Investor Tools

Property Icon
$708,000
Estimated Property Value
$664,827Estimated Mortgage Balance
$69,144Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,290 /month
Positive
Cash Flow Estimate:
$1,430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$979/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,203
$595,416
2025
$70,000
$525,416
$595,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,203
$595,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$664,827
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$638,856
$69,144
9%
90%
$3,986/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$4,586/mo
$-1,576/mo
5.1%

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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