$349,100
413 Forestridge Dr, Fate, TX, 75087
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Range, Plumbed For Gas, Refrigerator
FlooringCarpet, Ceramic Tile, Engineered Hardwood
Exterior
Exterior FeaturesLighting, Outdoor Living Area
Lot Size7,667 sqft
Building Information
Year Built2020
Stories1
Garage Spaces2
Land Information
APNS5377-000C-0010-00-0R
Lot Number10
SubdivisionWoodcreek Phase 8b
Land UseResidential
Legal DescriptionWOODCREEK PHASE 8B, BLOCK C, LOT 10
Census Tract040407
Assessed Land Value$100,000
Assessed Improvement Value$317,213
Assessment Year2026
About this property
ONE STORY, TONS OF SPACE, 3 CAR GARAGE, $20,000 IN CLOSING COSTS COVERED!
Investor Tools
$245,846Estimated Mortgage Balance
$171,871Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,503 /month
Positive
Cash Flow Estimate:
$834 /month
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
$7,849
$417,213
2026
$100,000
$317,213
$417,213
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,849
$417,213
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$277,285
No
First
Dec 22, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,846
$171,367
41%
59%
$1,663/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$1,945/mo
+$535/mo
7.1%
