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$325,000

206 Charleston Lane, Fate, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.15 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,496 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN5262-000A-0027-00-0R
Lot Number27
SubdivisionWilliamsburg Phase 1a
Land UseResidential
Legal DescriptionWILLIAMSBURG PHASE 1A, BLOCK A, LOT 27
Census Tract040408
Assessed Land Value$126,000
Assessed Improvement Value$199,000
Assessment Year2025

About this property

Welcome to 206 Charleston Lane, tucked inside a quiet cul-de-sac in the sought-after Williamsburg Community. This beautifully crafted Megatel Home home offers 3 bedrooms, 2 baths, and nearly 1,844 square feet of thoughtfully designed living space. From the moment you arrive, the home impresses with beautiful curb appeal, fresh landscaping, and a stone aggregate driveway. Inside, dark engineered hardwood flows while mosaic tile flooring and handsome architectural touches complement a functional floor plan that flows effortlessly for both everyday living and entertaining. The kitchen serves as the heart of the home, featuring a large center island, decorative pendant lighting, granite countertops, stainless steel appliances and a deep sink with large picture window for natural light. The dining room easily connects to the kitchen and can easily be used as a dining room, office, or flex space. The spacious primary suite includes a sitting area flanked by windows. Oversized primary bathroom includes granite countertops, a jetted soaking tub, separate shower, and a large walk-in closet. Step outside to a a spacioius backyard that is pool-ready, with a large covered patio and plenty of room to create your dream outdoor space. Recent updates to the home include a NEW ROOF, paint, and hvac updated in 2021. Residents enjoy access to resort-style amenities including a clubhouse, swimming pools, playgrounds, a fitness center, and scenic trails. Conveniently located near Lupe Garcia Elementary and Ursala Rakow middle schools. This gem is in Rockwall ISD and provides quick access to Interstate 30 plus nearby shopping and dining.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$0Estimated Mortgage Balance
$58,222Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,971 /month
Positive
Cash Flow Estimate:
$657 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$511/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,537
$325,000
2025
$126,000
$199,000
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,537
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$290,500
No
First
Feb 21, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,778
$58,222
17%
82%
$1,742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,253/mo
+$317/mo
9.5%

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.

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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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206 Charleston Lane | Property Details | No Agent List