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$416,566

NAL Estimated Property Value

588 Louder Way, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,297 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2011

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
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,708 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN5326-000L-0028-00-0R
Lot Number28
SubdivisionWoodcreek Phase 3-C
Land UseResidential
Legal DescriptionWOODCREEK PHASE 3-C, BLOCK L, LOT 28
Census Tract040406
Assessed Land Value$105,800
Assessed Improvement Value$310,766
Assessment Year2025

About this property

A-RATED SCHOOLS + MAJOR RETAIL DEVELOPMENT = EXCEPTIONAL VALUE. Situated in Fate's sought-after Woodcreek community, this 4-bed, 2-bath home offers the lifestyle buyers are relocating to Rockwall County for — at a price that makes sense today. Zoned to Billie Stevenson Elementary (TEA Rating: 90=A) and served by Rockwall ISD, rated 89=B statewide with A-rated high schools. Minutes from I-30 for a 30-minute Dallas commute. Woodcreek amenities include pool, clubhouse & fitness center. Move-in ready — no construction timelines, no builder wait lists. Lafayette Crossing, a 267-acre mixed-use development anchored by a brand-new Kroger Marketplace (groundbreaking March 2026), is less than 1 mile away — bringing 400,000+ sq ft of retail and dining to Fate. Just a 15 minute ride to The Harbor Rockwall and Lake Ray Hubbard. This home offers 2,297 square feet of living space designed for how real families actually live. The open-concept layout creates natural flow between the kitchen, dining, and living areas — ideal for entertaining and everyday life. Four true bedrooms give every family member their own space.

Investor Tools

Property Icon
$416,566
Estimated Property Value
$310,278Estimated Mortgage Balance
$106,288Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,499 /month
Positive
Cash Flow Estimate:
$833 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,933
$416,566
2025
$105,800
$310,766
$416,566
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,933
$416,566

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Conventional
$336,000
No
First
Apr 4, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,278
$106,288
25%
74%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,375/mo
$-65/mo
6.7%

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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588 Louder Way | Property Details | No Agent List