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$274,000

NAL Estimated Property Value

307 Mulberry Dr, Fate, TX, 75087

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,557 Sq Ft
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCeramic Tile

Exterior

Lot Size5,489 sqft

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APN5329-000J-0014-00-0R
Lot Number14
SubdivisionWoodcreek Ph 2b
Land UseResidential
Legal DescriptionWOODCREEK PH 2B, BLOCK J, LOT 14
Census Tract040406
Assessed Land Value$93,500
Assessed Improvement Value$174,081
Assessment Year2025

About this property

Updated 1-story brick home in sought after Woodcreek with wonderful amenity center, community pool, private pond, parks, trails & playground. Easy access to I-30, within minutes to shops in Rockwall or Royse City. New paint, new vinyl plank flooring throughout, no carpet, newer kitchen appliances & fixtures. Split bedrooms design, large master with bath that boosts dual sinks, separate shower, garden tub and walk-in closet. Large covered front porch, covered patio overlooking fenced in backyard. House will be professionally cleaned prior to tenant move-in! LA part owner. No cats, pet restrictions apply, non-aggressive breed, non-refundable deposit. Applicants to sign Tenant Qualifying form on Media.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,633
$267,581
2025
$93,500
$174,081
$267,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,633
$267,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Open End Mortgage / Open End With Future Advance Clause
$85,600
No
First
Jan 16, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,586
$214,414
78%
22%
$514/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$514/mo
+$1,796/mo
10.1%

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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307 Mulberry Dr | Property Details | No Agent List