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$469,900

3131 Elmwood Street, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.19 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size6,011 sqft

Building Information

Garage Spaces2

Land Information

APN3074-000E-0009-00-0R
Lot Number9
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionAVONDALE PHASE 1 BLK E LOT 9
Census Tract040407
Assessed Land Value$67,950
Assessment Year2024

About this property

PRICED TO SELL FAST… ROCKWALL ISD! This stylish Chesmar Home DURHAM PLAN has the 5th bedroom, 3rd bathroom upgraded option plus sleek electric glass rock fireplace. It’s ABSOLUTELY STUNNING and a MUST SEE! Upon arrival, you'll notice the striking drive-up appeal created by the property's combination of brick, trim, and stone colors, alongside expertly designed landscaping. As you enter, you'll be drawn in by the foyer and living area with lofty ceilings, bathed in natural light. The kitchen is dreamy with not only a large breakfast bar, but also an island, gas range, beautiful built-in cabinetry, and open to both the family room and the dining area. Also downstairs, there’s a spacious primary bedroom with an ensuite bath and walk-in closet, plus another bedroom that could serve as a study or flex room, located near a second full bath and separate laundry room. Upstairs, enjoy the game room, 3 additional large bedrooms, and a full bathroom all with 9’ to 10’ ceilings. Step outside and enjoy the Texas weather. Exterior backyard features include a huge, fenced yard with some trees, gas line for grilling, outdoor mounted speakers, and covered back patio. The 2.5 car garage is oversized to provide extra room for storage or a workshop. Additional perks include exterior camera system, sprinkler system, gutters, zoned HVAC for energy efficiency, and so much more! The Sellers love the natural light that comes from the windows of this home, the versatile floor plan, and the location of this home. This one is ready for you, so don’t wait to build… buy now!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,819 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Tina Leigh

Tina Leigh Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
$1,016/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$67,950
2024
$67,950
N/A
$67,950
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$67,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$450,000
100%
0%
$0/mo

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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3131 Elmwood Street | Property Details | No Agent List