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$386,184

NAL Estimated Property Value

162 Balfour Dr, Fate, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.42 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,492 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN3272-0009-0023-00-0R
Lot Number23
SubdivisionChamberlain Crossing Phase 1
Land UseResidential
Legal DescriptionCHAMBERLAIN CROSSING PHASE 1, BLOCK 9, LOT 23
Census Tract040409
Assessed Land Value$107,000
Assessed Improvement Value$279,184
Assessment Year2025

About this property

Nestled in a charming community in sought after Rockwall ISD, this home is truly an entertainer's paradise, offering an open floorplan that seamlessly connects the kitchen to the living room. The heart of this home boasts a generously sized kitchen with a large eat-at island. All four bedrooms are conveniently located on the main level. Head upstairs to discover a spacious game room, perfect for game nights, movie nights, or simply a fun hangout spot. Plus, there's a convenient half-bathroom nearby, so you won't have to interrupt the action. With two full bathrooms and an additional half-bathroom downstairs, there will be no more morning rush-hour traffic jams! This home is designed with energy efficiency in mind, featuring radiant barrier, programmable thermostats, energy-star appliances, and low-e windows. The three-car garage is insulated and equipped with an HVAC mini-split system, ensuring year-round comfort and versatility. Backyard has a covered patio overlooking the greenbelt.

Investor Tools

Property Icon
$386,184
Estimated Property Value
$693,205Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,317 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
$560/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,347
$386,184
2025
$107,000
$279,184
$386,184
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,347
$386,184

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$360,000
Yes
First
Oct 27, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$693,205
N/A
0%
180%
$4,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$4,890/mo
$-1,540/mo
10.4%

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.

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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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162 Balfour Dr | Property Details | No Agent List