$315,000
●
House -
Off Market
420 Magnolia Drive
Fate, TX 75087
5 Beds
3 Baths
2,795 Ft²
$363,606
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Woodcreek special. Looking for a family retreat? This house backs
up to a greenbelt, giving you a lovely backyard view with no
neighbors behind you! Spacious floorplan with beautiful wood floors
and tile throughout. Wood-burning fireplace, surround sound in
living room and media room, and surveillance system. Updates
include granite countertops in kitchen and master bath and
stainless steel appliances. Huge bedrooms; large master
bedroom with oversized walk-in closet. NOTE: refrigerator, washer +
dryer, and media room stereo equipment are negotiable if the buyer
is interested in them. Woodcreek has a large community pool with
splash pad, workout room, cabanas, play grounds, and running
trails.
Unit Size
2,795 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$107
Property Type
House
Property Taxes
-
HOA Dues
$282
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (NTREIS #14546125)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Results Property Group, LLC | $299,000 | |
| Listed by Results Property Group, LLC | |||
| | |||
|
Woodcreek special. Looking for a family retreat? This house backs up to a greenbelt, giving you a lovely backyard view with no neighbors behind you! Spacious floorplan with beautiful wood floors and tile throughout. Wood-burning fireplace, surround sound in living room and media room, and surveillance system. Updates include granite countertops in kitchen and master bath and stainless steel appliances. Huge bedrooms; large master bedroom with oversized walk-in closet. NOTE: refrigerator, washer + dryer, and media room stereo equipment are negotiable if the buyer is interested in them. Woodcreek has a large community pool with splash pad, workout room, cabanas, play grounds, and running trails.
| |||
| Apr 12, 2019 | No longer available | - | |
| No longer available | |||
| Dec 28, 2018 | Listed | $255,000 | |
| Listed | |||
| | |||
|
Spacious home offering 5 bedrooms and 3 full baths located in a great community with all the conveniences of Rockwall and Royse City! You will love the upgrades throughout this home: Nest Learning Thermostats, Smart Lock, an upstairs laundry room and a huge master with sitting area. Large kitchen with double ovens is open to the family room and breakfast area with views of the private backyard which backs to a greenbelt. Woodcreek offers a large community pool with kids splash pad area, clubhouse, playgrounds, a pond and walk & jog trails. Come see this home today! Roof and exterior paint less than a year old. The manager has listed the unit size as 2795 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
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ft²
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HOA + Taxes
About Fate
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Listed by: Kaleb Willis, Results Property Group, LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14546125
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14546125
Details provided by NTREIS and may not match the public record
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