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$319,999

$324,500

715 Philadelphia Street, Fate, TX, 75189

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.16 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Combination

Exterior

Exterior FeaturesRain Gutters
Lot Size5,750 sqft

Building Information

Year Built2022
Stories1
Roof Type172
Garage Spaces2

Land Information

APNS5274-000A-0003-00-0R
Lot Number3
SubdivisionWilliamsburg Phase 3a-2
Land UseResidential
Legal DescriptionWILLIAMSBURG PHASE 3A-2, BLOCK A, LOT 3
Census Tract040408
Assessed Land Value$99,000
Assessed Improvement Value$229,934
Assessment Year2025

About this property

Welcome to this beautifully maintained pre-owned home in the desirable Williamsburg subdivision of Fate, Texas. Offering 4 bedrooms, 2 full baths, and approximately 1,848 square feet of well-designed living space, this home features a bright, open floor plan filled with natural light, a functional kitchen with ample cabinetry and counter space, and spacious living and dining areas ideal for everyday comfort and entertaining. The private primary suite provides a relaxing retreat, while the additional bedrooms offer flexibility for family, guests, or a home office. Enjoy a welcoming backyard space perfect for outdoor living, all within a vibrant community known for its pools, clubhouse, parks, walking trails, and highly rated Rockwall ISD schools. Conveniently located near shopping, dining, and major roadways, this home delivers the perfect blend of comfort, community, and convenience.

Investor Tools

$313,449Estimated Mortgage Balance
$15,485Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Amanda Jones

Legacy & Co. Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$511/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,477
$328,934
2025
$99,000
$229,934
$328,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,477
$328,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Fha
$336,375
Yes
First
Oct 24, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,449
$15,485
4%
95%
$2,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,528/mo
+$42/mo
9.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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715 Philadelphia Street | Property Details | No Agent List