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$281,234

NAL Estimated Property Value

307 Blue Sage Drive, Fate, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.6 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,621 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN5153-000L-0004-00-0R
Lot Number4
SubdivisionSpring Meadow Phase 2
Land UseResidential
Legal DescriptionSPRING MEADOW PHASE 2, BLOCK L, LOT 4
Census Tract040404
Assessed Land Value$109,740
Assessed Improvement Value$171,494
Assessment Year2025

About this property

***MOTIVATED SELLER*** Cute & cozy home with lots of updates. This home features newer PVT luxury vinyl flooring in the living area & halls, updated ceramic tile in all wet areas, & carpet in bedrooms - all replaced in 2018. Decorative stone WBFP to snuggle up to on a cold winter day. If entertaining is your thing, this open concept will help allow that along with the 40x10 extended back patio reinforced with footers. This home boasts granite in the kitchen & extra shelves in the pantry-utility room. Master bedroom features a master bath w-garden tub-shower combination & WIC. Great neighbors, close to major highways for commuting & Rockwall & Royse City Vivint system and surround sound speakers to convey.

Investor Tools

Property Icon
$281,234
Estimated Property Value
$166,098Estimated Mortgage Balance
$115,136Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,687 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
$97/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,550
$281,234
2025
$109,740
$171,494
$281,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,550
$281,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$193,431
Yes
First
Apr 26, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,098
$115,136
40%
59%
$1,160/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,257/mo
+$1,053/mo
9.9%

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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307 Blue Sage Drive | Property Details | No Agent List