New Construction - Eco Friendly
Address
301 E Fate Main Place, Fate, TX
Price
$ 1,099,000
Property Attributes
- MLS#20625250
- TypeMulti-Family
- CountyROCKWALL
- CityFate
- NeighborhoodMark Crabtree Surv Abs #61
- Zip75087
- StyleQuadruplex
- Year Built2024
- Taxes$ 7047
- Price$ 1,099,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Lot Size2.39 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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 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
| Elementary School |
|---|
| Vernon Elementary School |
| Price History | |
|---|---|
| 5/23/2024 | Listed $1,099,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Complex Name | Fate - YRC |
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | All Weather Road,Asphalt,City Sewer,City Water |
| Possession | Upon Completion |
| Roof | Asphalt,Other |
| Appliances | Dishwasher,Electric Cooktop,Electric Range,Microwave,Refrigerator |
| Assoc Fees | 180 |
| School District | Royse City ISD |
| HOA Fee Includes | Maintenance Structure,Management Fees |
| Capitalization Rate | 5.66 |
| Year Built | 2024 |
| Levels | Two |
| Unexempt Taxes | 7047 |
| Will Subdivide | No |
| Gross Annual Expenses | 24160.00 |
| Property SubType | Quadruplex |
| Subdivision Name | Mark Crabtree Surv Abs #61 |
| Insurance Expense | 2000 |
| Occupant Type | Vacant |
| County | Rockwall |
| Operating Expense Includes | Insurance,Maintenance |
| Property Type | Residential Income |
| Security Features | Security System |
| Construction Materials | Brick,Stucco |
| Association Fee Frequency | Monthly |
| Year Built Details | New Construction - Incomplete |
| HOA Type | Mandatory |
| Green Energy Efficient | 12 inch+ Attic Insulation,Appliances,Drought Tolerant Plants |
| # of Buildings | 12 |
| Status | Active |
| Directions | From I-30,take FM 551 N,make right on E Fate Pl |
| City | Fate |
| Buyer Agent Compensation | 2.0 |
| Elementary School Name | Vernon |
| High School | Royse City |
| Elementary School | Vernon |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20625250 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,Flat Screen Wiring,High Speed Internet Available,Multiple Staircases,Smart Home System |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Total Units | 4 |
| Unit Count | 1 |
| Full Baths | 8 |
| Lock Box Type | None |
| Total Bedrooms | 8 |
| Total Baths | 8 |
Exterior Features
| Parking Features | Common,On Street,Unassigned |
|---|---|
| Foundation | Slab |
| Lot Size Area | 2.3900 |
| Number Of Parking Spaces | 10 |
| Lot Size Units | Acres |
| Building Area Total | 4100.00 |
| Lot Size Square Feet | 104108.4000 |
| Lot Size Acres | 2.3900 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75087
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
