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$288,621

418 Silver Leaf Drive, Fate, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.27 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,884 sqft

Building Information

Year Built2010
Stories1
Garage Spaces1

Land Information

APN5153-000J-0008-00-0R
Lot Number8
SubdivisionSpring Meadow Phase 2
Land UseResidential
Legal DescriptionSPRING MEADOW PHASE 2, BLOCK J, LOT 8
Census Tract040404
Assessed Land Value$109,740
Assessed Improvement Value$178,881
Assessment Year2025

About this property

Welcome to Fate! Your new home awaits! Beautiful, well kept, quiet neighborhood with nearby pond, fountain and playground. Move in ready home with updated, stainless appliances, back patio, neutral colors abound, abundant natural light in all rooms and shiplap accents. You will love the open living area that flows into the kitchen. The wood burning fireplace will definitely be a focal point when those cooler fall and winter nights roll around. The master is spacious and light filled. On to the backyard, very large, south facing backyard with recently expanded stamped concrete patio. Set and ready for activities, kids or pets!

Investor Tools

Property Icon
$288,621
Estimated Property Value
$0Estimated Mortgage Balance
$52,235Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,732 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$97/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,936
$288,621
2025
$109,740
$178,881
$288,621
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,936
$288,621

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$259,350
No
First
Sep 14, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,386
$52,235
18%
82%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,652/mo
+$658/mo
9.6%

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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418 Silver Leaf Drive | Property Details | No Agent List