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$287,714

NAL Estimated Property Value

2483 French St, Fate, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.94 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,055 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNS5351-000H-0043-00-0R
Lot Number43
SubdivisionWoodcreek Ph 6b
Land UseResidential
Legal DescriptionWOODCREEK PH 6B, BLOCK H, LOT 43
Census Tract040405
Assessed Land Value$93,100
Assessed Improvement Value$194,614
Assessment Year2025

About this property

Welcome to this charming four-bedroom, two-bathroom home in the sought-after Woodcreek Community of Fate, TX. Enjoy exclusive access to a variety of amenities, including three pools, two gyms, a clubhouse, multiple parks, and a dog park, all managed by the homeowners association. With a community pool just a few blocks away. Perched at the top of the crest, this home benefits from effective drainage during storms, keeping your property safe and dry. The original owner thoughtfully installed irrigation in the backyard, expanded the concrete patio for optimal outdoor enjoyment, and added practical features such as a TV antenna and gutters. Energy-efficient upgrades, including a radiant barrier in the attic that helps reduce electrical costs. Located across from City Hall, Robert Smith Park, this home offers both convenience and recreation. Lake Ray Hubbard is just a short drive down I-30, allowing you to embrace the joys of lakeside living. Roof just replaced 11-2024

Investor Tools

Property Icon
$287,714
Estimated Property Value
$264,350Estimated Mortgage Balance
$23,364Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,726 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,647
$287,714
2025
$93,100
$194,614
$287,714
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,647
$287,714

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mason Mcduffie Mortgage Corp
Conventional
$270,750
No
First
Jan 8, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,350
$23,364
8%
92%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,984/mo
+$1,366/mo
14.0%

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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2483 French St | Property Details | No Agent List