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$539,000

1616 Lazio Rd, Fate, TX, 75087

$570,249 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.87 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,011 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APN4447-000S-0004-00-0R 02
Lot Number4
Land UseResidential Sfr Non-Waterfront
Legal DescriptionMONTERRA PHASE 1A BLK S LOT 4 - UDI: 50.000000%
Census Tract040407
Assessed Land Value$35,000
Assessed Improvement Value$227,500
Assessment Year2025

About this property

5 room home in Luxury Amenity Deluxe neighborhood in desired Rockwall ISD, 5 Miles to downtown Rockwall. Move-in ASAP! Builder warranty included, Redford R floorplan. 2 bedrooms downstairs, 2 living rooms, 1 large upstairs flex room to be used as 2nd primary room or game-movie room, 4 full bathrooms, home can hold large furniture. Custom pulldown window coverings, Real wood flooring, Primary offers large changing closet w.separate shower & tub featuring long split countertops & built-in vanity, All showers are tiled, Kitchen offers extended cabinets w.Showcase Lighting, Gas Cooktop, Fully bricked gas Fireplace, Large Laundry room centrally located, Large Covered Patio, Tankless water heater, Tall Glass front door, Tall windows & ceilings, Landscaping. Play set & mounts included. Yard is a good size for small pool, garden, or build a patio extension. Home located an enjoyable distance to Jogging-Bike Trails, Resort-styled pool, Amenity Center, Playgrounds, Pickleball, Basketball courts! Recognized School District offering Advanced Academic opportunities to earn college credit, career readiness, programs that challenge students academically support growth toward career & college readiness(e.g., automotive tech, welding, HVAC, health science).

Investor Tools

Property Icon
$521,000
Estimated Property Value
$0Estimated Mortgage Balance
$521,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$570,248
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Brittany Realzola

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,294
$262,500
2025
$35,000
$227,500
$262,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,294
$262,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$521,000
100%
0%
$0/mo

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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1616 Lazio Rd | Property Details | No Agent List