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$380,000

314 Nixon Drive, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,559 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.5 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,318 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN5339-000C-0044-00-0R
Lot Number44
SubdivisionWoodcreek Phase 1-D2
Land UseResidential
Legal DescriptionWOODCREEK PHASE 1-D2, BLOCK C, LOT 44
Census Tract040407
Assessed Land Value$81,000
Assessed Improvement Value$332,629
Assessment Year2025

About this property

Open the door & you enter into gorgeous hand scraped hardwood floors & a beautiful iron spindled staircase that leads to the large bonus room & 3 additional bedrooms. The kitchen is open to the family room & features a large island. The kitchen has granite, a walk in pantry & a gas stove. The formal living room at the entry can be converted into a home office if preferred. Currently the dining room is being used as a children's playroom. This large room has tons of potential for multiple uses. The backyard has an oversized covered patio with gas connections for your grill. The amazing Woodcreek subdivision has multiple pools, club houses, walking paths, playgrounds & more. Come check this home out today!

Investor Tools

Property Icon
$413,629
Estimated Property Value
$0Estimated Mortgage Balance
$82,671Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,482 /month
Positive
Cash Flow Estimate:
$827 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
$272/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,899
$413,629
2025
$81,000
$332,629
$413,629
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,899
$413,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$364,500
No
First
Jul 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,958
$82,671
19%
80%
$2,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,458/mo
+$552/mo
8.7%

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.

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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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314 Nixon Drive | Property Details | No Agent List