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$295,000

309 Edmund Ln, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.87 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,663 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS5366-000F-0007-00-0R
Lot Number7
SubdivisionWoodcreek Ph 9c-1
Land UseResidential
Legal DescriptionWOODCREEK PH 9C-1, BLOCK F, LOT 7
Census Tract040407
Assessed Land Value$95,000
Assessed Improvement Value$249,115
Assessment Year2025

About this property

Where comfortable living meets a convenient location! This 3-bedroom, 2 bath single story home offers a functional open-concept floor plan designed for entertaining and everyday living. The spacious living area flows into the kitchen and dining space, creating an inviting heart of the home with plenty of room to gather. The Primary suite provides a private retreat, while two additional bedrooms offer flexibility for guests, a home office, or additional living space. Step outside to enjoy the fenced backyard, ready for relaxing, pets, or creating your own outdoor oasis. Located in the desirable Woodcreek community, residents can enjoy neighborhood amenities such as the community pool, park, walking paths, and pond while being just minutes from shopping, dining, schools, Rockwall, and I-30, making commuting throughout the DFW area that much easier. If you have been searching for a move-in ready home in Fate this one deserves a spot at the top of your list.

Investor Tools

$223,504Estimated Mortgage Balance
$120,611Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,065 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

Chainey Ramirez

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,197
$344,115
2025
$95,000
$249,115
$344,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,197
$344,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Unknown
$250,051
No
First
Feb 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,504
$120,611
35%
65%
$1,500/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,220/mo
+$90/mo
8.1%

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.

Explore Texas Explore This Area
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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