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$489,900

3506 Riley Street, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.49 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Garage Spaces2

Land Information

APN3074-000S-0006-00-0R
Lot Number6
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionAVONDALE PHASE 1 BLK S LOT 6
Census Tract040407
Assessed Land Value$67,950
Assessment Year2024

About this property

NO PID! NO MUD! Modern Comfort Meets Suburban Living in Avondale! Welcome to this beautifully upgraded 2025 Chesmar home, perfectly positioned on a desirable corner lot in the sought-after Avondale community. Featuring nearly $30,000 in aftermarket upgrades. Thoughtfully designed and move-in ready, this 4-bedroom, 3-bathroom home offers a seamless blend of style, functionality, and comfort. Step inside to an inviting, light-filled interior with an open-concept layout designed for everyday living and entertaining. The private home office provides the perfect space for working from home, while the spacious living areas flow effortlessly into the gourmet kitchen. The first floor, staircase, and upstairs hallway feature upgraded vinyl plank flooring, complemented by modern hardware and elevated finishes throughout. The kitchen is truly the heart of the home, featuring a premium upgraded stove and an added wine cooler, while the living room showcases a custom fireplace insert and stylish backsplash that create a warm and sophisticated focal point. An upgraded AC unit provides enhanced comfort and efficiency year-round. Located in the heart of Fate and zoned to highly rated Rockwall ISD, this home offers convenient access to Highway 66 and I-30, making commuting a breeze. Enjoy being just minutes from Rockwall’s shopping, dining, and entertainment while living in a growing master-planned community with exciting future development, including additional schools, grocery stores, and restaurants. With its prime corner-lot location, extensive upgrades, thoughtful floor plan, and unbeatable location, this home offers the perfect opportunity to enjoy the best of modern suburban living.

Investor Tools

$0Estimated Mortgage Balance
$502,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

Interested in this property?

Kailen Kendzierski

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
$981/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
$502,000
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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3506 Riley Street | Property Details | No Agent List