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$358,000

NAL Estimated Property Value

226 Headwater Dr, Fate, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Other
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,362 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNS5377-000N-0003-00-0R
Lot Number3
SubdivisionWoodcreek Phase 8b
Land UseResidential
Legal DescriptionWOODCREEK PHASE 8B, BLOCK N, LOT 3, ACRES .0
Census Tract040407
Assessed Land Value$100,000
Assessed Improvement Value$230,425
Assessment Year2025

About this property

ROCKWALL ISD! BEAUTIFUL 1 STORY HOME WITH 3 BEDS,2 BATHS, COVERED PATIO AND FRONT PORCH. OPEN PLAN GREAT FOR ENTERTAINING!! A MUST SEE !!THE ALARM SYSTEM IS CONECTED WITH ADT, NEW OWNER CAN TAKE ACCOUNT OVER

Investor Tools

Property Icon
$358,000
Estimated Property Value
$432,332,351Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
$282/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,160
$330,425
2025
$100,000
$230,425
$330,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,160
$330,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal Bank Of Canada
Commercial
$464,787,000
No
First
Aug 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,332,351
N/A
0%
120763%
$2,786,633/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,786,915/mo
$-2,784,605/mo
7.7%

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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226 Headwater Dr | Property Details | No Agent List