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
Main property image
Days21Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$425,000

386 Phillips Ct, Fate, TX, 75087

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,754 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

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 Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size10,454 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN5333-000A-0014-00-0R
Lot Number14
SubdivisionWoodcreek Ph 1a
Land UseResidential
Legal DescriptionWOODCREEK PH 1A, BLOCK A, LOT 14
Census Tract040407
Assessed Land Value$105,800
Assessed Improvement Value$303,277
Assessment Year2025

About this property

Beautifully maintained home with outstanding curb appeal featuring a striking rock and brick elevation, professional landscaping, and a premium greenbelt lot backing to a walking trail for added privacy and scenic views. This spacious floor plan offers 4 bedrooms, 3 full baths, a dedicated study, game room, and two generous living areas, providing flexibility for entertaining, working from home, or multigenerational living. The open kitchen is equipped with stainless steel appliances and overlooks the main living space, creating the perfect gathering place. The covered patio is ready for outdoor entertaining with wiring for speakers, plumbing for a gas grill, and a 220-volt connection for a future hot tub. Inside, the living areas, primary suite, and game room are prewired for surround sound and CAT5 networking. Located in the desirable Woodcreek community with convenient access to parks, trails, community amenities, shopping, dining, and Rockwall ISD schools. This is a home that combines comfort, technology, and an exceptional location. Come see it today and fall in love!

Investor Tools

$156,684Estimated Mortgage Balance
$252,393Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Tod Franklin

DFWCityhomes

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,137
$409,077
2025
$105,800
$303,277
$409,077
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,137
$409,077

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$172,896
No
First
Aug 11, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,684
$252,393
61%
38%
$1,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,837/mo
+$1,173/mo
8.8%

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...

386 Phillips Ct | Property Details | No Agent List