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Owner Contacts

$408,407

NAL Estimated Property Value

171 Colonial Trace, Fate, TX, 75189

Off Market

4 Beds

4 Bath

2,813 Sq Ft

$159.26 / sqft

Built in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Vented Exhaust Fan, Washer

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard, Outdoor Grill

Lot Size7,231 sqft

Building Information

Year Built2017

Stories1

Garage Spaces2

Land Information

APN5262-000C-0006-00-0R

Lot Number6

SubdivisionWilliamsburg Phase 1a

Land UseResidential

Legal DescriptionWILLIAMSBURG PHASE 1A, BLOCK C, LOT 6

Census Tract040408

Assessed Land Value$126,000

Assessed Improvement Value$282,407

Assessment Year2025

About this property

Welcome home to this lovely 2 story brick with stone accents! Home located on a large premium lot. Gorgeous view out front of 2 stocked ponds with beautifully lit fountains & easy access to amenities center! Open concept with gourmet kitchen with lots of cabinetry, granite counter tops and large island. Upstairs game room with 3 bedrooms, 2 bath including ensuite and large walk-in closets. Dining room with French Doors that can be a home office! Decorative Large Entry, Crown Molding, Brick Flower Beds, Large covered Patio are some of the special features. This home is located in Rockwall-Heath Schools with elementary within walking distance plus new middle school to open 2025. This Community offers 4 swimming pools, full fitness & business center, clubhouse, with commercial kitchen & entertainment area for special events. Easy commute to Dallas, George Bush Toll Road, Greenville & Commerce plus convenient to shopping & Retail! Must See!

Investor Tools

$408,407

Estimated Property Value

$265,972Estimated Mortgage Balance

$142,435Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,688 /month

Positive

Cash Flow Estimate:

$896 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$717/month

$432/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,557

$408,407

2025

$126,000

$282,407

$408,407

Tax History

Year

Tax Paid

Assessed Value

2024

$6,557

$408,407

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$275,000

First

Jul 3, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$265,972

$142,435

34%

65%

$1,649/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,350/mo

$2,081/mo

+$1,269/mo

9.8%

Learn About the Market: Opportunity in Texas

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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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