119 Valen Drive
About This Property
Recent updates include newly replaced carpet and fresh paint in key areas, giving the home a crisp, refreshed feel. The open-concept layout flows effortlessly, with natural light accenting the expansive living areas and a well-appointed kitchen ready for your culinary creations.
Zoned to highly rated Royse City ISD schools-Herndon Elementary, Bobby Summers Middle, and Royse City High-this location is perfect for growing families. Enjoy easy access to I-30 and Hwy 276, offering multiple commuting routes while keeping you close to shopping, dining, and all the amenities of Fate and nearby communities.
Fate is one of North Texas' fastest-growing cities, yet it still retains the charm of a small town. This half-acre corner lot offers room to grow, play, and entertain-plus the freedom of no HOA restrictions.
This is the one you've been waiting for-schedule your private showing today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 24, 2025 | Relisted | $480,000 | |
| Relisted | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017