Last 24 Hours
$1,075,000
375 Prairie View Road, Fate, TX, 75189
On Market
Just Added
2 Beds
1 Bath
800 Sq Ft
Single Family Residence
$1,343.75 / sqft
Built in 1994Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1
Heating Gas
CoolingAppliancesElectric Range
Exterior
Lot Size9.15 acres
Building Information
Year Built1994
Stories1
Land Information
APN0106-0000-0004-05-0R
SubdivisionM Hodges
Land UseAgriculture / Farming
Legal DescriptionA0106 M HODGES, TRACT 4-05, ACRES 9.147
Census Tract040403
Assessed Land Value$46,164
Assessed Improvement Value$52,731
Assessment Year2025
About this property
Horse-Ready 9.15 Acres with Updated Home, Barn & Open Space This property includes a 2-bedroom, 1-bath home currently being refreshed with new flooring and paint-ideal for guests, rental use, or multi-generational living. A barn is also on the property it needs some TLC but can easily be functional. Fully fenced and ready for horses, this land offers space, flexibility, and potential. Updated home photos will be available within the next two weeks.
Investor Tools
$78,354Estimated Mortgage Balance
$20,541Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,450 /month
Positive
Cash Flow Estimate:
$2,150 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,843
$98,895
2025
$46,164
$52,731
$473,493
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,843
$98,895
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$100,000
No
First
Aug 10, 2016
Sep 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,354
$20,541
20%
79%
$600/mo
12.4%