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$729,000

631 N King Road, Fate, TX, 75189

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.81 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesBuilt-In Gas Range, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater

Exterior

Lot Size21.86 acres

Building Information

Garage Spaces2

Land Information

APN0163-0000-0005-00-0R
SubdivisionJ Miller
Land UseAgriculture / Farming
Legal DescriptionABS A0163, J MILLER, TRACT 5, 21.858 ACRES
Census Tract040403
Assessed Land Value$3,491
Assessment Year2025

About this property

Rare opportunity to own a Scott Clements custom home on approximately 2 private acres with NO HOA, located minutes from Rockwall and Lake Ray Hubbard with convenient access to the Dallas–Fort Worth metroplex. This functional floor plan offers 4 bedrooms and 4 full bathrooms with ideal separation of living spaces. The main level features a formal dining room and an open-concept living area with fireplace that flows into the gourmet kitchen. The kitchen includes a large island, walk-in pantry, extensive custom cabinetry, and appliances including refrigerator, cooktop, oven, microwave, and dishwasher. Downstairs includes two bedrooms and two full bathrooms, ideal for guests or multigenerational living. Upstairs serves as a private retreat featuring the primary bedroom with en-suite bathroom, complete with dual vanities, jetted soaking tub, separate walk-in shower, and large walk-in closets. Also upstairs are an additional bedroom and bath, a dedicated office, and a spacious family room or media-game room providing a second living area. The home has been professionally staged to provide a neutral canvas for buyers to personalize. Outdoor living includes a covered patio with built-in fireplace, a fishing pond, workshop with electricity, and a chicken coop and dog house with water. A separate structure on the property is approximately 1,200 square feet designed as a 2-bedroom residence with a kitchen. The building is unfinished and ready for completion. Not included in the primary home’s square footage, it offers potential for guest quarters, multigenerational living, studio, or office use. Located in a highly rated school district with a new high school scheduled to open August 2026. Enjoy peaceful country living approximately 35 minutes from Downtown Dallas and close to Rockwall dining, shopping, boating, and recreation at Lake Ray Hubbard. Schedule your private showing today.

Investor Tools

Property Icon
$3,491
Estimated Property Value
$0Estimated Mortgage Balance
$3,491Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,374 /month
Positive
Cash Flow Estimate:
$1,458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$61
$3,491
2025
$3,491
N/A
$655,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$61
$3,491

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,491
100%
0%
$0/mo

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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631 N King Road | Property Details | No Agent List