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$288,506

NAL Estimated Property Value

511 Laurel Ln, Fate, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.55 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

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
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size6,621 sqft

Building Information

Year Built2007
Stories1
Garage Spaces1

Land Information

APN5154-000F-0020-00-0R
Lot Number20
SubdivisionSpring Meadows Ph 1
Land UseResidential
Legal DescriptionSPRING MEADOWS PH 1, BLOCK F, LOT 20
Census Tract040404
Assessed Land Value$109,740
Assessed Improvement Value$178,766
Assessment Year2025

About this property

Price Improvement on this awesome listing in Spring Meadows Subdivision. This home consist of three bedrooms, two baths, open floor plan, great cooks kitchen with marble island, updated range and vent-a-hood, herringbone tile floor and large walk-in pantry round out the kitchen. The cozy corner brick fireplace completes the living room and the luxury plank vinyl leads right in to the dining room. The primary suite is spacious and offers a large walk in closet and ensuite bathroom with soaking tub and separate shower. The backyard offers a open patio and green space for play. Come make this one yours.

Investor Tools

Property Icon
$288,506
Estimated Property Value
$250,895Estimated Mortgage Balance
$37,611Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
$97/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,229
$288,506
2025
$109,740
$178,766
$288,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,229
$288,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Lending Inc
Va
$265,500
Yes
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,895
$37,611
13%
87%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,689/mo
+$621/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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511 Laurel Ln | Property Details | No Agent List