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$379,788

924 Mcgehee Ct, Fate, TX, 75087

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,159 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.91 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,023 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNS5344-000H-0043-00-0R
Lot Number43
SubdivisionWoodcreek Phase 3d
Land UseResidential
Legal DescriptionWOODCREEK PHASE 3D, BLOCK H, LOT 43
Census Tract040406
Assessed Land Value$81,000
Assessed Improvement Value$326,896
Assessment Year2025

About this property

Nestled in the picturesque community of Woodcreek in Fate, this delightful home and its thoughtful design will not disappoint! Upon entering, you will find a dedicated home office and dining room at the front of the home. The spacious kitchen has a huge granite island with 42 inch cabinets, gas cooking, and tile flooring. The breakfast area is located next to the kitchen for quick morning meals or coffee. There are 10-foot ceilings, 6-inch baseboards, rounded corners, and laminate flooring in living room and game room. Beyond the kitchen are two bedrooms and a game room, or flex room with closet, which connects to both secondary bedrooms. Wide, open floor plan with family room anchored by gas fireplace with stone surround! Private master retreat is tucked away at the back of the home, with a generous sized bathroom with dual vanities, and separate tub and shower. Great floor plan with 2 dining areas and 2 living areas, plus a study or home office! Located on a quiet cul-de-sac on a .28 acre oversized lot, this home is within walking distance of the community pool and clubhouse! Cozy covered patio to enjoy the wide open spaces of the expansive backyard. Home comes with a storage building with electric service for additional storage. Rockwall schools! Great location with fast access to I-30 and Highway 66, and just minutes to downtown Fate! Lafayette Crossing, new retail and grocery are under construction down the road in this fast growing community in Rockwall County! Don't miss this adorable home!

Investor Tools

$256,427Estimated Mortgage Balance
$152,870Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,447 /month
Positive
Cash Flow Estimate:
$816 /month

Interested in this property?

Edna Cortez

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,275
$407,896
2025
$81,000
$326,896
$407,896
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,275
$407,896

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$249,552
Yes
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,427
$151,469
37%
63%
$1,659/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,055/mo
+$955/mo
8.9%

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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924 Mcgehee Ct | Property Details | No Agent List