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$340,000

423 Highedge Dr, Fate, TX, 75087

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.85 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,667 sqft

Building Information

Year Built2021
Stories1
Roof Type172
Garage Spaces2

Land Information

APNS5379-000H-0004-00-0R
Lot Number4
SubdivisionWoodcreek Phase 8c
Land UseResidential
Legal DescriptionWOODCREEK PHASE 8C, BLOCK H, LOT 4
Census Tract040407
Assessed Land Value$100,000
Assessed Improvement Value$256,025
Assessment Year2025

About this property

Welcome home to this beautifully maintained one-story in the highly desirable Woodcreek community of Fate! From the moment you walk in, you'll love the open-concept layout that makes everyday living and entertaining a breeze. The living room centers around a cozy gas log fireplace and flows right into the kitchen, which is sure to impress with a large island, built-in cabinetry, and a pantry. The primary suite is a true retreat, offering a walk-in closet, dual sinks, a garden tub, and a separate shower. Two additional bedrooms and a full bath give everyone their own space. Step outside to a covered patio and a generously sized, wood-fenced backyard — perfect for outdoor gatherings or quiet evenings at home. Woodcreek residents enjoy access to a community pool, jogging and bike paths, and well-maintained common areas. Conveniently located with easy access to I-30 and zoned to Rockwall ISD. Come see everything this home has to offer!

Investor Tools

Property Icon
$356,025
Estimated Property Value
$290,792Estimated Mortgage Balance
$86,513Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,136 /month
Positive
Cash Flow Estimate:
$712 /month

Interested in this property?

Deborah Branch

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
$792/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,364
$356,025
2025
$100,000
$256,025
$356,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,364
$356,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$290,792
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,512
$86,513
24%
76%
$1,744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,536/mo
$-226/mo
7.8%

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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423 Highedge Dr | Property Details | No Agent List