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$829,000

NAL Estimated Property Value

1308 Cartona Rd, Fate, TX, 75087

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths4,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.15 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,187 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN4447-000R-0002-00-0R
Lot Number2
Land UseResidential Sfr Non-Waterfront
Legal DescriptionMONTERRA PHASE 1A BLK R LOT 2
Census Tract040407
Assessed Land Value$70,000
Assessed Improvement Value$631,000
Assessment Year2025

About this property

Exceptional opportunity in Monterra! Built in 2023, this expansive 4,897-square-foot home offers six bedrooms, five full baths, two living areas, two dining areas, a game room, loft and multiple staircases. The spacious kitchen features a large island, breakfast bar, gas cooktop, double ovens, built-in cabinetry and a walk-in pantry. The primary suite is conveniently located downstairs. Additional highlights include a dry bar, fireplace, covered rear porch, fenced backyard with sprinkler system and an oversized side-entry garage. Residents enjoy access to Monterra’s community pool, greenbelt, parks, playground, pickleball courts and jogging and biking trails. Located in Rockwall ISD, this property offers tremendous space and potential for a buyer ready to make it their own.

Investor Tools

Property Icon
$829,000
Estimated Property Value
$668,666Estimated Mortgage Balance
$160,334Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,974 /month
Positive
Cash Flow Estimate:
$1,658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,536/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,283
$701,000
2025
$70,000
$631,000
$701,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,283
$701,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$701,622
No
First
Feb 9, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$668,666
$160,334
19%
81%
$4,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$4,307/mo
$-1,297/mo
4.4%

City: Fate

1308 Cartona Rd | Property Details | No Agent List