301 East Fate Main Place

Fate, TX 75087

$1,099,000
Price
8
Beds
8
Baths
4,100 Sq. Ft.
$268 / Sq. Ft.
4,100
Sq. Ft.
$268
per Sq. Ft.

Description

Investors New Construction Luxury 4-Plex in heart of Fate Downtown. Four 2-Bed, 2-Bath, 1025sqft Units in a strong Rental market with explosive growth in Fate, Royse City. Quality Construction with Energy Efficient Wall Framing, Flat Roofs, Low-E Windows, Spray Foam Insulated, Fire Rated Walls between Units, Fire Alarm & Sprinkler Systems. Kitchens: Modern Euro Cabinetry, Quartz counters, Tiled backsplashes, Electric Appliances. Open Plans. Ensuite Bedrooms. Master Baths feature walk-in showers with...Investors New Construction Luxury 4-Plex in heart of Fate Downtown. Four 2-Bed, 2-Bath, 1025sqft Units in a strong Rental market with explosive growth in Fate, Royse City. Quality Construction with Energy Efficient Wall Framing, Flat Roofs, Low-E Windows, Spray Foam Insulated, Fire Rated Walls between Units, Fire Alarm & Sprinkler Systems. Kitchens: Modern Euro Cabinetry, Quartz counters, Tiled backsplashes, Electric Appliances. Open Plans. Ensuite Bedrooms. Master Baths feature walk-in showers with tiled surround. Rooftop patios. Energy Efficient appliances & LED lights. Close to I-30, George Bush Tollway, Lake Ray Hobert, restaurants, Golf, Lakes etc. 4 of the 6 4-plex under contract ! Ready by Q4'2024
  1. Listed by Vic Reddy Pasham • TREC #0638106 • Colleen Frost Real Estate Serv • 469-280-0008

Property Details for 301 East Fate Main Place

Subdivision Name
Mark Crabtree Surv Abs #61
HOA Management Company
FREIT HOA
Pool
No
Number Of Parking Spaces
10

Location

Listing Courtesy of Colleen Frost Real Estate Serv, Vic Reddy Pasham
Add your commute
LISTING UPDATED: 06/06/2024 05:08 PM

Property Details for 301 East Fate Main Place

StatusActive
MLS #20625250
Days on Market25
Taxes-
HOA Fees$180 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2024
Lot Size2.39 AC / 104,108 SF
CountyRockwall County

Location

Listing Courtesy of Colleen Frost Real Estate Serv, Vic Reddy Pasham
Add your commute

Building Information for 301 East Fate Main Place

Stories2Residences4Year Built2024Building Size-Lot Size2.39 AC / 104,108 SF

Payment Calculator

$6,310 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$132

HOA Dues

$180

The Payment Calculator is for illustrative purposes only.

Property Information for 301 East Fate Main Place

Summary
Location and General Information
  • Complex Name: Fate - YRC
  • Directions: From I-30, take FM 551 N, make right on E Fate Pl
  • Elementary School: Vernon
  • Elementary School Name: Vernon
  • High School: Royse City
  • High School Name: Royse City
  • Middle School: Royse City
  • Year Built Details: New Construction - Incomplete
  • School District: Royse City ISD
  • Geocode Confidence: High
  • Latitude: 32.94
  • Longitude: -96.38
  • State: Texas
Parking
  • Parking Features: Common, On Street, Unassigned
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: A0061 M CRABTREE, TRACT 10, ACRES 2.39
  • Association Fee Includes: Maintenance Structure, Management Fees
  • Association Type: Mandatory
  • HOA Management Company Phone: 972-100-1000
  • Association Fee: $180.00
  • Association Fee Frequency: Monthly
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Multiple Staircases, Smart Home System
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: Yes
Exterior Features
  • Building Area Source: Plans
  • Construction Materials: Brick, Stucco
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Asphalt, Other
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Green Energy Efficient: 12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants
  • Utilities: All Weather Road, Asphalt, City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Security System
Lot Information
  • Lot Size Acres: 2.39
  • Lot Size Area: 2.39
  • Lot Size Units: Acres
  • Lot Size Square Feet: 104108.4
  • Multi Parcel ID: No
  • Parcel Number: 000000010558
Multi Family
Multi-Family Information
  • Number Of Buildings: 12
  • Capitalization Rate: 5.66%
  • Gross Annual Expenses: $24,160
  • Gross Annual Income: $86,400
  • Insurance Expense: $2,000
  • Total Annual Expenses Include: Insurance, Maintenance
  • Net Operation Income: $62,240.00
Unit 1
  • Approximate SQFT: 1025.0
  • Average Lease Amount: $1,850.00
  • Dining Area Length: 10.0
  • Dining Area Width: 7.0
  • Kitchen Length: 12.0
  • Kitchen Width: 9.0
  • Living Area Length: 16.0
  • Living Area Width: 14.0
  • Master Bed Length: 13.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4

Property History for 301 East Fate Main Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 East Fate Main Place

Taxable ValueLand$343,560Additions-Total$343,560
Tax Record2020$1,579 ($132 / month)
Home Facts
Total Finished SqFt1,684 SqFtAbove Grade Finished SqFt1,684 SqFtStories1Lot Size104,108 SqFtStyleCommercialYear Built1975Year Renovated1985CountyROCKWALLAPN0061-0000-0010-00-0R

Schools near 301 East Fate Main Place

This home is within Royse City Independent School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Harry H Herndon
Public5 to 6

Royse City High School
Public9 to 12

Ruth Cherry Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

301 East Fate Main Place is a multi-family home for sale in Fate, TX 75087. This property was listed for sale on May 22, 2024 by Colleen Frost Real Estate Serv, it's currently listed at $1,099,000. This listing's school district is Royse City Independent School District. Nearby schools include Harry H Herndon, Royse City High School and Ruth Cherry Intermediate School. 301 East Fate Main Place is a 8-bed, 8-bath, 4,100 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Colleen Frost Real Estate Serv, Vic Reddy Pasham

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 06/06/2024 05:08 PM