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$499,000

518 Collins Ln, Fate, TX, 75087

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,374 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.9 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Convection Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Garage Spaces2

About this property

Welcome to this immaculately maintained, one owner, move-in-ready traditional home featuring 4 bedrooms, 3 and a half bathrooms, a dedicated home office, and a spacious media room equipped with home theater seating! Situated across from a greenbelt and just a few doors down from a cul-de-sac on a quiet street, this home offers a peaceful setup with a great location. Commuting is a breeze with Ben Payne Dr right around the corner, offering quick access to I-30 for work or running errands. Inside, you'll find plenty of practical, valuable updates already done for you. A beautiful custom iron front door welcomes you in, with durable luxury vinyl plank flooring throughout the main floor installed in 2023 and fresh paint throughout the entire upstairs. Big-ticket maintenance items have already been checked off the list, including a roof replacement in 2024, windows throughout replaced in 2024, a tankless hot water heater, smart Nest thermostats installed in 2026. Plus, every window comes equipped with Levolor motorized shades and remotes for easy day-to-day use. The laundry room is packed with convenient extras, featuring a built-in dog washing station, washer and dryer, plus, you'll love the built-in distilled water system connected to the icemaker and a dedicated kitchen faucet! In the kitchen, you will find a brand new Frigidaire induction cooktop, just installed. As a major bonus, the refrigerator stays! The garage is equipped with built in shelving, cabinets and hanging racks, as well as having plenty of room for a freezer or two. A fantastic, well-maintained house with solid upgrades, tons of smart home features and in a great neighborhood with tons of amenities—ready for you to move right in and make it your own!

Investor Tools

Property Icon
$454,619
Estimated Property Value
$172,900Estimated Mortgage Balance
$0Estimated Equity
62% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Amy Shaw

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
$396/month
5.947%

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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518 Collins Ln | Property Details | No Agent List