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$359,899

NAL Estimated Property Value

212 Exploration Way, Fate, TX, 75189

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths2,221 Sq Ft
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringLaminate

Exterior

Lot Size15,072 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNS5273-000J-0016-00-0R
Lot Number16
SubdivisionWilliamsburg Phase 2a
Land UseResidential
Legal DescriptionWILLIAMSBURG PHASE 2A, BLOCK J, LOT 16
Census Tract040408
Assessed Land Value$99,000
Assessed Improvement Value$260,899
Assessment Year2025

About this property

Here is your opportunity to lease a like-new home with all the modern features you’ve been looking for! This charming and modern single-story home offers 4 spacious bedrooms and 2 full bathrooms. Built just 3 years ago, this well-maintained home features a bright, open layout with a large living area seamlessly connected to the kitchen—ideal for entertaining family and friends. The kitchen boasts an island with seating, perfect for casual meals or gathering around while cooking. Durable laminate flooring runs throughout all high-traffic areas, offering both style and easy maintenance. Enjoy the convenience of a large laundry room, a generous master suite with a HUGE walk-in closet, and a covered back patio perfect for relaxing evenings. The fully fenced yard is also HUGE—ideal for play or backyard barbecues. Additional features include a 2-car garage and a prime location within sought-after Rockwall ISD. Easy access to I-30 makes commuting a breeze! Dogs may be accepted on a case by case basis. See included docs for tenant approval criteria. Don't miss this opportunity to lease a like-new home with all the modern features you’ve been looking for!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,258
$359,899
2025
$99,000
$260,899
$359,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,258
$359,899

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,899
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
N/A
+$3,350/mo
11.2%

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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212 Exploration Way | Property Details | No Agent List