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$459,774

347 Meredith Dr, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,073 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.32 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,360 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS5363-000T-0041-00-0R
Lot Number41
SubdivisionWoodcreek Mud 9 Phase 9d-1
Land UseResidential
Legal DescriptionWOODCREEK MUD 9 PHASE 9D-1, BLOCK T, LOT 41
Census Tract040407
Assessed Land Value$85,000
Assessed Improvement Value$374,774
Assessment Year2025

About this property

Your Dream Home Awaits in Woodcreek, Fate, TX! Welcome to this show-stopping 4-bedroom, 2.5-bath home in the prestigious Woodcreek community, where charm and modern convenience collide! From the moment you step inside, you'll be captivated by the thoughtful design and luxurious details that make this home truly special. Work & Relax in Style The dedicated office boasts stunning custom wood shelves and floors, creating the perfect setting for productivity and focus. When it’s time to unwind, cozy up by the elegant stone fireplace or host unforgettable game days in the expansive living room that’s perfect for entertaining. A Kitchen That Inspires The heart of the home shines with quartzite countertops that add a touch of sophistication and freshness. Whether it’s a quick family breakfast or a holiday feast, this kitchen is ready for every occasion. Entertainment Galore Upstairs, you’ll find a spacious game room and a private movie room ready to become your personal theater for family nights or watching the big game. Move-In Ready Perfection Freshly painted and fully recarpeted, this home is move-in ready and waiting for you to make it your own. Unmatched Location & Community Amenities Situated steps from highly-rated RCISD schools, scenic parks, and Woodcreek’s fantastic amenities, including a resort-style pool, fishing pond, and Robert Smith Family Park with pickleball, disc golf, and more—there’s something for everyone! Plus, you're just 45 minutes from DFW International Airport and moments from the fine dining and entertainment of Fate, Rockwall, and Royse City. Start Your Next Chapter Here! This home is more than a house; it’s a lifestyle. Schedule your private tour today before this incredible opportunity is gone!

Investor Tools

Property Icon
$459,774
Estimated Property Value
$356,425Estimated Mortgage Balance
$108,562Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,759 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,630
$459,774
2025
$85,000
$374,774
$459,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,630
$459,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Fha
$356,425
Yes
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,212
$108,562
23%
76%
$2,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,447/mo
+$563/mo
7.9%

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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347 Meredith Dr | Property Details | No Agent List