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$354,000

591 W Fate Main Pl, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,123 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.75 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,970 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN5326-000L-0011-00-0R
Lot Number11
SubdivisionWoodcreek Phase 3-C
Land UseResidential
Legal DescriptionWOODCREEK PHASE 3-C, BLOCK L, LOT 11
Census Tract040406
Assessed Land Value$105,800
Assessed Improvement Value$282,047
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bedroom, 2-bath, 2,123 sq. ft. home located in the highly desirable Woodcreek subdivision of Fate. This thoughtfully designed property offers an inviting open floor plan with a chef’s kitchen that seamlessly flows into the family room, making it perfect for entertaining and everyday living. A separate dining room adds additional space for gatherings and family meals. The spacious kitchen features modern cabinetry, generous counter space, and a layout ideal for anyone who enjoys cooking or hosting. The adjoining family room offers plenty of natural light and a comfortable atmosphere for relaxing or spending time with loved ones. All four bedrooms are generously sized, offering flexibility for families, guests, a home office, or additional living space. The primary suite includes its own private bathroom and walk-in closet, creating a peaceful retreat within the home. Situated in the heart of Woodcreek, one of Fate’s most sought-after master-planned communities, residents enjoy access to two exceptional amenity centers. Neighborhood features include multiple pools (lap pool, splash zones, and kids’ play areas), state-of-the-art fitness centers, clubhouses with kitchens, dog parks, playgrounds, sports fields for soccer, basketball, and volleyball, as well as scenic walking trails. Outdoor enthusiasts will also appreciate the close proximity to Lake Ray Hubbard, offering boating, fishing, and lakeside recreation. The home is zoned to the highly desirable Rockwall ISD, known for strong academics, athletics, and community involvement—making this an ideal location for families seeking quality education and an active lifestyle. Conveniently located near Rockwall, major highways, local dining, and shopping, this home blends comfort, convenience, and community in one of the fastest-growing areas of the metroplex. Don’t miss your opportunity to call Woodcreek home.

Investor Tools

Property Icon
$387,847
Estimated Property Value
$247,800Estimated Mortgage Balance
$141,482Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,327 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,699
$387,847
2025
$105,800
$282,047
$387,847
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,699
$387,847

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leader Bank Na
Conventional
$247,800
No
First
Feb 27, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,365
$141,482
36%
64%
$1,486/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,846/mo
+$464/mo
7.1%

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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