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$339,997

605 Freed Dr, Fate, TX, 75087

$352,710 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size7,449 sqft

Building Information

Garage Spaces2

Land Information

APNS5384-000S-0032-00-MU
Lot Number32
Land UseResidential
Legal DescriptionWOODCREEK PHASE 9D-2, BLOCK S, LOT 32, MUD DISTRICT ACCOUNT
Census Tract040407
Assessed Land Value$70,000
Assessed Improvement Value$109,391
Assessment Year2024

About this property

Commanding a desirable corner lot with an elegant brick & stone façade, this beautifully maintained Woodcreek residence pairs timeless curb appeal with the ease of single story living! A landscaped lawn & covered entry create a gracious welcome, introducing a home where pride of ownership sets the tone. At the heart of it all, the kitchen brings everyday living & entertaining together with a gas cooktop, gas oven, center island & inviting eat in setting. From morning coffee to weekend gatherings, there is room to prepare, serve & stay part of the conversation. Gather around the dining table for special occasions or settle into the welcoming living area for a relaxed evening at home. The primary bedroom offers a peaceful retreat, while secondary bedrooms provide flexibility for guests, working from home or pursuing your favorite hobbies. With every room on one level, the layout keeps daily routines beautifully uncomplicated, complemented by the convenience of an attached two car garage. Outside, the fenced backyard invites you to make the most of your own outdoor space, whether your vision includes summer cookouts, dining beneath the stars or a garden to enjoy through the seasons. Life in Woodcreek brings an exceptional collection of amenities within your community, including three swimming pools, fitness centers, walking trails, playgrounds, two dog parks, a clubhouse, outdoor kitchens, a soccer field & putting green. Enjoy an early workout, an afternoon by the pool or an evening stroll, with plenty of opportunities to connect with neighbors along the way. Located in Royse City ISD, this Fate address also places Rockwall shopping & dining nearby, with Lake Ray Hubbard offering a favorite escape for recreation on the water. Beautifully cared for & positioned to enjoy the best of home & community, 605 Freed Drive offers a compelling opportunity to settle into the lifestyle you have been looking for. Schedule your private tour today & let your next chapter unfold here!

Investor Tools

$0Estimated Mortgage Balance
$428,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$352,709
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$450
$179,391
2024
$70,000
$109,391
$179,391
No

Tax History

Year
Tax Paid
Assessed Value
2023
$450
$179,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$428,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$360/mo
+$1,950/mo
6.5%

City: Fate

605 Freed Dr | Property Details | No Agent List