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$490,000

1627 Lazio Road, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,267 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.14 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,316 sqft

Building Information

Garage Spaces2

Land Information

APN4447-000R-0010-00-0R
Lot Number10
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionMONTERRA PHASE 1A BLK R LOT 10
Census Tract040407
Assessed Land Value$70,000
Assessment Year2024

About this property

Like-New 2023 David Weekley Home — Cultured Marble, Epoxy Garage & New 2024 Roof! This stunning like-new 2-story, 3-bedroom, 2-bath, 2-car garage David Weekley Home built in 2023 delivers the quality, style, and thoughtful design that today's discerning buyers demand — and every detail confirms it! From the moment you step inside, the open-concept floor plan captivates with an abundance of natural light pouring through beautifully positioned windows, creating a bright, airy, and genuinely inviting atmosphere throughout. The spacious layout flows effortlessly, with living and dining spaces that connect naturally and make everyday living feel both comfortable and stylish. The kitchen shines with cultured marble finishes and sleek LED under-cabinet lighting that adds a modern, polished touch to every cooking and entertaining experience. Cultured marble continues in both the owner's bath and second bathroom, delivering a cohesive, upscale aesthetic throughout every wet area in the home. The primary suite is thoughtfully positioned within the floor plan, offering wonderful privacy and separation from the secondary bedrooms. Secondary bedrooms are well-sized and ideally placed for family, guests, or a home office. The epoxy-floored garage adds a clean, finished, and professional touch that car enthusiasts and organized homeowners will truly appreciate. Step outside to a great-sized backyard featuring beautiful trees along the fence line — a naturally private and serene outdoor retreat. A brand-new 2024 roof provides exceptional peace of mind from day one. Conveniently located close to area amenities, shopping, and dining. Style, space, cultured marble finishes, and a new roof — this David Weekley gem is extraordinary!

Investor Tools

$0Estimated Mortgage Balance
$655,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

Interested in this property?

Darius Gregory

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$70,000
2024
$70,000
N/A
$70,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$70,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$655,000
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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