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$494,874

NAL Estimated Property Value

965 Mangrove Dr, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,106 Sq Ft
price_per_sqft$144.85 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Washer, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8,189 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNS5354-000A-0033-00-0R
Lot Number33
SubdivisionWoodcreek Ph 2-D1
Land UseResidential
Legal DescriptionWOODCREEK PH 2-D1, BLOCK A, LOT 33
Census Tract040406
Assessed Land Value$93,500
Assessed Improvement Value$401,374
Assessment Year2025

About this property

Immaculate, gorgeous home in desirable Woodcreek. The castle-like exterior is one for fairy tales. Home opens to beautiful wood floors, 12 x 6 entry and formal dining, followed by large kitchen with custom cabinetry, granite counters, extra storage, breakfast bar and dry bar. Wonderful living room with columns, stone gas log fireplace and wiring to mount TV. Covered back patio is 21x8 in an oversized yard with brick wall for 2 sides of fence (HOA maintained). The yard is big! Master bedroom has sitting area and tray ceiling with fabulous en suite bath. 2nd master and 2nd living upstairs with 2 additional bedrooms, one has Romeo & Juliet balcony. Home is adjacent to elementary school and park with pool.

Investor Tools

Property Icon
$494,874
Estimated Property Value
$381,812Estimated Mortgage Balance
$113,062Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,969 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
$282/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,466
$494,874
2025
$93,500
$401,374
$494,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,466
$494,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$418,904
Yes
First
Sep 20, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,812
$113,062
22%
77%
$2,512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,794/mo
+$216/mo
7.3%

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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965 Mangrove Dr | Property Details | No Agent List