Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Days0Days on Market
Views4view

$364,900

311 Exploration Way, Fate, TX, 75189

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.04 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size8,756 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNS5273-000M-0007-00-0R
Lot Number7
SubdivisionWilliamsburg Phase 2a
Land UseResidential
Legal DescriptionWILLIAMSBURG PHASE 2A, BLOCK M, LOT 7
Census Tract040408
Assessed Land Value$99,000
Assessed Improvement Value$259,073
Assessment Year2025

About this property

Welcome to 311 Exploration Way, where comfort, space, and an unbeatable location come together in the highly sought-after Williamsburg community of Fate. Boasting over 2,200 square feet, this beautifully designed home offers 4 generously sized bedrooms, 3 full bathrooms, and a spacious open-concept floor plan that's perfect for both everyday living and entertaining. The expansive living room seamlessly flows into the kitchen and dining areas, creating the ideal gathering space for hosting game days, holiday celebrations, or relaxing with family and friends. The thoughtful layout provides plenty of room for everyone while maintaining a warm and inviting atmosphere. Step outside to enjoy a large, private backyard with ample space for kids, pets, gardening, or creating your dream outdoor retreat. Nestled among Williamsburg's scenic walking and biking trails, residents enjoy a lifestyle centered around outdoor recreation and community. Located in award-winning Rockwall ISD, this home offers exceptional convenience with quick access to the shopping, dining, and entertainment of Rockwall and Royse City, while also being just minutes from the charming and rapidly growing downtown Fate district. If you've been searching for a move-in ready home with generous living space, an incredible location, and access to one of the area's most desirable communities, this is the one you've been waiting for!

Investor Tools

Property Icon
$358,073
Estimated Property Value
$362,960Estimated Mortgage Balance
$21,674Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,189 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Geoffrey Lyons

The Agency Rockwall

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$511/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,080
$358,073
2025
$99,000
$259,073
$358,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,080
$358,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$362,960
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,399
$21,674
6%
94%
$2,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,688/mo
+$662/mo
11.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...