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$300,000

534 Laurel Ln, Fate, TX, 75087

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.11 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,187 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN5154-000C-0028-00-0R
Lot Number28
SubdivisionSpring Meadows Ph 1
Land UseResidential
Legal DescriptionSPRING MEADOWS PH 1, BLOCK C, LOT 28
Census Tract040404
Assessed Land Value$109,740
Assessed Improvement Value$201,953
Assessment Year2025

About this property

Move-in ready, updated, & perfectly located, this spacious single-story Fate home offers the space, upgrades, & convenience today's buyers are searching for. Nestled in the highly sought-after Spring Meadows neighborhood, this beautifully maintained 4-bedroom, 2-bath home offers over 2,100 square feet of light-filled living space with a thoughtfully designed floorplan featuring two spacious living areas, an open-concept layout, abundant storage, & a large eat-in kitchen with gorgeous quartz countertops, subway tile backsplash, a sizeable pantry, & ample cabinet space, perfect for everyday living & entertaining. The spacious primary suite offers laminate wood flooring, a walk-in closet & a private ensuite bath, while 3 additional bedrooms provide flexibility for guests, a home office, or growing households. Step outside to the covered patio overlooking a private backyard with no rear neighbors, creating the perfect spot to relax or host friends on beautiful Texas evenings. Enjoy peace of mind with major updates including the HVAC system, water heater, covered patio, fencing, quartz countertops, subway tile backsplash, dishwasher, & laminate wood flooring. Perfectly positioned in Fate just minutes from Rockwall, one of the most desirable cities east of Dallas, this location offers the best of both worlds with small-town charm & convenient access to major shopping, dining, entertainment, the new H-E-B, Highway 66, & I-30. Whether you're looking for more space, a move-in ready home, or an easy commute, 534 Laurel Lane checks all the boxes.

Investor Tools

$195,447Estimated Mortgage Balance
$117,466Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,870 /month
Positive
Cash Flow Estimate:
$623 /month

Interested in this property?

Samantha Smith

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,083
$311,693
2025
$109,740
$201,953
$311,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,083
$311,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$221,350
No
First
May 19, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,447
$116,246
37%
63%
$1,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,448/mo
+$1,562/mo
11.6%

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.

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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