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$374,421

206 Thatcher Drive, Fate, TX, 75189

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.36 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,714 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN3272-0009-0033-00-0R
Lot Number33
SubdivisionChamberlain Crossing Phase 1
Land UseResidential
Legal DescriptionCHAMBERLAIN CROSSING PHASE 1, BLOCK 9, LOT 33
Census Tract040409
Assessed Land Value$107,000
Assessed Improvement Value$267,421
Assessment Year2025

About this property

With it's Located near Rockwall and Lake Ray Hubbard and easy access to I-30 and thus all things Dallas, this pristine 3 bedroom with brick and Austin stone facade is a real head turner. Within, one finds immaculate earthen toned carpet and 12 inch ceramic tile, arched doorways, decorative niches and Mansard inspired ceilings. Spaces are open yet intimate. 2 full baths, 2 half baths and an upstairs Family or Media room make this home easy to live in. Exterior maintenance is obvious with it's amazing drive up appeal. Schedule today! This one won't last long.

Investor Tools

Property Icon
$374,421
Estimated Property Value
$0Estimated Mortgage Balance
$33,709Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,247 /month
Positive
Cash Flow Estimate:
$749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,006
$374,421
2025
$107,000
$267,421
$374,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,006
$374,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$372,400
No
First
Nov 22, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,712
$33,709
9%
91%
$2,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,693/mo
$-123/mo
8.2%

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.

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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206 Thatcher Drive | Property Details | No Agent List