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$380,000

504 Fredericktown Dr, Fate, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.58 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringTile

Exterior

Lot Size6,055 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APNS5263-000N-0028-00-0R
Lot Number28
SubdivisionWilliamsburg Phase 1b - Section 1
Land UseResidential
Legal DescriptionWILLIAMSBURG PHASE 1B - SECTION 1, BLOCK N, LOT 28
Census Tract040408
Assessed Land Value$126,000
Assessed Improvement Value$204,000
Assessment Year2025

About this property

Pristine, move-in ready home with spectacular drive up appeal. Beautiful brick and stone exterior adorned with stone edging around manicured flowerbeds. Yard is equipped with a sprinkler system all the way around the house. This 4-2-2 has been immaculately maintained and has been updated and cared for by only one owner. This large and open floor plan is functional, providing space for all. Kitchen has a breakfast bar island, granite countertops, huge pantry, coffee bar, and custom cabinets galore! Kitchen storage will never be an issue. Master bedroom and bath are HUGE! Upgrades include but are not limited to plantation shutters, recessed canned lighting, decorative light fixtures, under counter lighting in the kitchen, new kitchen sink, and modern cabinet hardware. This neighborhood feeds to Rockwall ISD. Don't miss your chance to own this fabulous Fate, TX home at a GREAT price!

Investor Tools

Property Icon
$330,000
Estimated Property Value
$347,985Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,578
$330,000
2025
$126,000
$204,000
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,578
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$347,985
Yes
First
Nov 29, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,194
N/A
0%
101%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,519/mo
+$831/mo
12.2%

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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504 Fredericktown Dr | Property Details | No Agent List