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Days22Days on Market
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$300,000

$305,000

2434 Hankinson Ln, Fate, TX, 75189

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,121 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.44 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,837 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNS5351-000F-0014-00-0R
Lot Number14
SubdivisionWoodcreek Ph 6b
Land UseResidential
Legal DescriptionWOODCREEK PH 6B, BLOCK F, LOT 14
Census Tract040405
Assessed Land Value$93,100
Assessed Improvement Value$239,225
Assessment Year2025

About this property

Welcome to your new home, perfectly situated in the highly sought-after Woodcreek community of Fate! Offering nearly 2,200 square feet of thoughtfully designed living space, this home delivers the flexibility, comfort, and location today’s buyers are looking for. Featuring 4 generously sized bedrooms PLUS a dedicated study, there’s room for everyone! The study can easily serve as a 5th bedroom, home office, playroom, or flex space to fit your lifestyle. At the heart of the home, the warm and inviting living room and kitchen create the perfect gathering place—whether you’re hosting Super Bowl watch parties, birthdays, graduations, holiday celebrations, or simply enjoying a relaxing night at home. Step outside and discover one of this home’s best features—a beautiful greenbelt setting with no neighbors directly behind you, creating a scenic and peaceful backdrop to enjoy year-round. The backyard also features a dedicated play area, perfect for the little ones or your four-legged family members! And the location is hard to beat! Vernon Elementary is just a short stroll away, and one of Woodcreek’s premier parks and community pools is within walking distance right from your backyard. Enjoy everything this incredible neighborhood has to offer without having to venture far from home. You’re also just minutes from the growing and bustling Downtown Fate, with fantastic dining and entertainment nearby, while Downtown Rockwall and Lake Ray Hubbard are only a short drive away. With convenient access to major thoroughfares and the greater DFW area, you get the charm of Fate with easy connectivity to everything North Texas has to offer. Functional, versatile, scenic, and PRICED TO SELL—2434 Hankinson Ln is ready to welcome you home!

Investor Tools

$281,670Estimated Mortgage Balance
$50,655Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,994 /month
Positive
Cash Flow Estimate:
$665 /month

Interested in this property?

Geoffrey Lyons

The Agency Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,197
$332,325
2025
$93,100
$239,225
$332,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,197
$332,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$206,900
No
First
Aug 18, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,670
$50,655
15%
85%
$1,841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,201/mo
+$1,149/mo
12.1%

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.

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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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2434 Hankinson Ln | Property Details | No Agent List